Shares in Dailywin Group, the Hong Kong based watch manufacturer and distributor which yesterday issued its flotation prosectus, will be placed at 128p, valuing the company at £15.4m. The placing will raise £1.8m of new money for the group, net of expenses. Current shareholders will realise £900,000.
Dailywin designs and manufactures watches and watch components for a range of well known brand names.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Bookmark popover
Removed from bookmarks