Legend completes Digital China spin-off

The Goldman Sachs-led deal is expected to make a strong debut after recording healthy oversubscription levels on both its institutional placement and retail offering. Raising HK$324.7 million ($41.74 million) in new money, the 88.26 million share deal represented 12% of the company's equity and was priced on Monday, with a 60%/40% split between institutional and retail investors.