date:Jul 28, 2014
WH Group Ltd. renewed its bid to go public by re-launching a scaled-down initial public offering (IPO), according to news reports.
The company plans to sell 2.6 billion shares at HK$6.20 (80 cents). The share offering would raise HK$15.9 billion ($2 billion). WH Group has the option to sell more shares if demand is strong. Shares are scheduled to trade in early August.
WH Group scrapped its first IPO in April. Lackluster demand for shares and market volatility, among other factors, contributed