HONG KONG: Tack Fat’s Swimwear IPO Oversubscribed
Swimwear and casualwear manufacturer Tack Fat Group International Ltd on Wednesday revealed its HK$24.6 million initial public offering was 114 times subscribed. In a statement, the company said the IPO tranche has been increased to 160 million shares from 64 million shares at an unchanged price of 38.5 HK cents a share.