CLOSES AT HK$1.23 PER SHARE ABOUT 23% ABOVE OFFER PRICE
(Hong Kong, 16 October 2019) – Hong Kong Johnson Holdings Co., Ltd. (“Johnson Holdings” or the “Company”, together with its subsidiaries, the “Group”, Stock Code:1955), the leading environmental hygiene service provider, commenced trading today on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”).
The shares were actively traded and recorded a satisfactory price performance, peaking at HK$2.16 per share, and closed at HK$1.23 per share, representing an increase of around 116% and 23% respectively compared to the offer price of HK$1.0 per share. A total of approximately 354 million shares were traded with turnover amounting to approximately HK$582 million.
Mr. CHEUNG Kam Chiu and Mr. SZETO Wing Tak , Co-CEOs and Executive Directors of Hong Kong Johnson Holdings, said, “The listing of Johnson Holdings in Hong Kong today has given it access to an international capital platform, a markedly enhanced corporate image and opened for it a new chapter of development. Looking forward, the Group will continue to consolidate its competitive edges, scale up operation and increase service types, as well as keep improving operational efficiency and enlarging market share, in its bid to generate more lucrative returns for shareholders.”
We would like to take this precious opportunity to express our gratitude to our clients, business partners, shareholders and other stakeholders. Over the past decades, we moved forward with our shareholders, create win-win situation with our partners, and grow with our employees.
On the evening of the following day, we sincerely greeted the IPO intermediaries, customers, business partners, shareholders and stakeholders to share the joy of listing success with us.