HK Health Company 'to Use IPO Funds on Mainland Expansion'

(Hong Kong) – An executive at Hong Kong's largest chain of private health clinics by revenue says it plans to use some of the HK$ 100 million it hopes to raise in a local IPO to fund expansion on the mainland.

Human Health Holdings Ltd. plans to issue 76.68 million shares at HK$ 1.32 to HK$ 1.51 each for the April 1 listing, a prospectus released on March 16 shows.