Techtronic Industries completes placement

One of Hong Kong''s emerging blue chip industrial plays completes a secondary placement.

Nomura Securities placed out 36.2 million shares in power tool manufacturer Techtronic Industries yesterday (Thursday). The deal raised HK$602.8 million ($77 million) for the selling shareholder whose name remained undisclosed.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media