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Ipo Factsheet -- Oto 6880

In: Business and Management

Submitted By ChungJohnny9413
Words 1536
Pages 7
IPO Fact Sheet
01 December 2011

OTO Holdings Limited (6880.HK) vcresearch (852) 2913 6701 research@vcgroup.com.hk

Listing particulars:
6880 OTO Holdings Limited Health & wellness products Mainboard CS Yip & GK Yep each 29.9% -- pre-IPO 320 1.28 - 1.6 102.4 - 128 80 72 8 409.6 - 512 10 - 12.5 > 50.8 2000 1-Dec-11 6-Dec-11 6-Dec-11 12-Dec-11 12-Dec-11 13-Dec-11 BOCOM Int'l OSK, UOB KayHian -

Issuer Industry/Sector Listing exchange Major shareholders Total shares outstanding (m) Issue price (HKD) Total share offer size (HKD m) Total share offer size (m shares) Shares offered for placement (m shares) Shares offered for IPO (m shares) Market cap. (HKD m) Prospective PE FY12 (x) Earnings forecast: FY11 ( HKD m) Board lot (share) IPO open IPO close Expected price determination date Results announcement Cheques refunded Dealing commence Global Coordinator, sponsor Bookrunner & Lead manager Cornerstone investors Source:Prospectus, Media reports

Company background. OTO Holdings Limited (OTO) has its origins from the YIP Brothers’ business in Singapore dating from the late 1970’s. The Yip brothers’ business first started by CS Yip and GK Yep’s spouse when they formed a partnership, IPS Brothers Enterprise in 1978 to engage in door-to-door sale of household appliances and health and wellness products in Singapore. In 1983, IPS Brothers Enterprises Pte. Ltd., the predecessor of OTO Singapore, was incorporated to carry out the business of trading and retailing of health and wellness products and the partnership company, IPS Brother Enterprise was duly dissolved at about the same period. It was also about at the same time that they decided to venture into Hong Kong. CS Yip and GK Yep made their first foray into Hong Kong with a partnership company in Hong Kong in 1983, and it was in 1986 that their first consignment counter was opened at a Japanese department store,...

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