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i.century Holding (08507) kicks off IPO for HK$30m

  Hong Kong-based apparel service chain management
(SCM) services provider i.century Holding Limited (08507) said it intends to offer a total
of 120 million shares, comprising 108 million placing shares (subject to reallocation) and
12 million public offer shares (subject to reallocation) at an indicative offer price
ranges from HK$0.5 and HK$0.6 per share.
  After deducting the related expenses, and assuming an offer price of HK$0.55 per share 
(being the mid-point of the indicative Offer Price range), net proceeds from the share 
offer are estimated to be HK$29.9 million.
  The public offer commenced today, and will end at noon on 6 April. The final offer price
and results of allocation are expected to be announced on 13 April. Trading of shares is 
expected to commence on the GEM (Growth Enterprise Market) board of stock exchange on 16 
April.
  Messis Capital is sole sponsor, while Astrum Capital Management and Quasar Securities
are joint bookrunners and joint lead managers of the listing.

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