Deacons Advises on GEM IPO of Kinetix Systems Holdings Limited

July, 2018 - China

Deacons advised the sole sponsor Cinda International Capital Limited and underwriters in relation to the GEM IPO of Kinetix Systems Holdings Limited.

Kinetix Systems is a well-established IT services provider with business portfolio including the provision of IT infrastructure solutions services, IT development solutions services, and IT maintenance and support services in Hong Kong.

Kinetix Systems published its IPO prospectus on 30 June 2018, seeking to raise up to HK60 million (subject to the exercise of offer size adjustment option). Dealings in its shares on the GEM of the Hong Kong Stock Exchange are expected to commence on 16 July 2018.

The Deacons team is led by Kelvan Cheung, Partner of our Corporate Finance Practice Group

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