09857 檸萌影視
LINMON MEDIA
LINMON MEDIA
| Listing Date | 2022/08/10 |
| Listing Price | 27.750 |
Quote
Subscription Result
- Subscription Rate0.81x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
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IPO Detail
COMPANY PROFILE
Linmon Media has been dedicated to the full value chain of operations including investment, production, distribution, promotion, and derivatives licensing of drama series since its inception in 2014 in Shanghai.
The Group revenue generated from licensing fees for the broadcasting rights of its original drama series; and charging fixed service fees by Content marketing.
The Group had produced and distributed a total of 17 drama series. 15 of them are original drama series in which it acted as the lead/sole investor and the executive producer. Its customers primarily include top online video platforms and major TV channels. According to Frost & Sullivan, the Group ranked the fourth among all Chinese drama series companies in terms of revenue in 2021. It accounted for approximately 2.5% of the total market share in 2021.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Media |
| Major Business Area | China |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 15.14M shares |
| No. of International Offer Shares | 13.92M shares |
| No. of HK Offer Shares | 1.22M shares |
| Offer Price | $27.75 - $33.30 |
| Stock Code | 9857 |
| Sponsor(s) | Morgan Stanley Asia Limited, China International Capital Corporation Hong Kong Securities Limited |
| Underwriter(s) | Morgan Stanley Asia Limited, China International Capital Corporation Hong Kong Securities Limited, CMB International Capital Limited, Futu Securities International (Hong Kong) Limited, Livermore Holdings Limited |
TIME TABLE
| Application Period | Jul 29 (Fri) - noon, Aug 03 (Wed) |
| Price Determination Date | Aug 03 (Wed) |
| Result Announcement Date | On or before Aug 09 (Tue) |
| Result Announcement Date | On or before Aug 09 (Tue) |
| Dealings in Shares commence on | Aug 10, 2022. (Wed) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $27.75 - $33.30 |
| Capitalization | 10.00B - 12.00B |
| NAV / share ($) | $7.56 - $7.78 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 30.52, the net proceeds raised would be HKD 371.40M, of which |
| 10% : Expand IP pool, including purchase of high-potential IPs, recruitment of talented writers, and enhancement of our concept development capability of original IP; |
| 50% : Allocated to the production, distribution and promotion of our original drama series |
| 15% : Allocated to initiatives in emerging business opportunities, including but not limited to, the development and commercialization of accounts of characters in drama series in short form videos, the development and commercialization of content marketing and advertising, |
| 15% : pursue strategic investment and acquisition opportunities |
| 10% : General corporate purposes |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).