Tycoon Group Holdings, a seller of health supplements and skincare products, launched its initial public offering (IPO) in Hong Kong after recently adding “anti-epidemic” products like surgical masks to its portfolio amid the coronavirus outbreak.
The firm is offering 192.4 million shares for sale globally through April 3, with 19.2 million for Hong Kong investors and 173 million for international buyers at a range of HK$1.48 to HK$1.52 per share, according to a statement on Monday.
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