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Junee Limited sets IPO price at $4, begins Nasdaq trading

EditorNatashya Angelica
Published 17/04/2024, 16:08
JUNE
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HONG KONG - Junee Limited, a Hong Kong-based interior design firm, has announced the launch of its initial public offering (IPO) at $4.00 per share. Today, the company's 2,000,000 ordinary shares begin trading on the Nasdaq Capital Market under the ticker "JUNE". This move signifies Junee Limited's entry into the international capital market.

Junee Limited, together with its wholly-owned subsidiary OPS Interior Design Consultant Limited ("OPS HK"), specializes in delivering high-quality interior design, fit-out, and maintenance services. Catering to both residential and commercial clients, the company's services encompass initial consulting, conceptualizing design ideas with layout plans, and producing detailed design drawings.

Moreover, fit-out work typically involves preparing interior spaces for occupation, whether for living or business purposes.

OPS HK also offers an extensive array of repair and maintenance services, which include routine home condition upkeep. The subsidiary has been recognized for its excellence in design, having received the Muse Design Award in 2020. Furthermore, it was honored with the Most Valuable Companies in Hong Kong Award 2020 by Mediazone.

The pricing of Junee Limited's shares and the commencement of trading on the Nasdaq marks a significant milestone for the company as it expands its reach beyond the local Hong Kong market. The listing on a prominent exchange like Nasdaq is expected to provide the company with greater visibility and access to a broader range of investors.

This announcement is based on a press release statement from Junee Limited. The company's decision to go public and the details of the IPO reflect its current business strategy and market position. As Junee Limited embarks on this new chapter, investors and market watchers will likely monitor its performance on the international stage.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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