Yik Wo International Holdings Limited announced that it expects to receive HKD 7.61 million in funding from Quantum Star Ventures Limited
Yik Wo International Holdings Limited announced that it has entered into an pre-IPO investment agreement with new investor Quantum Star Ventures Limited for private placement of 600 shares at a price of HKD 12,683.333333 per share for gross proceeds of HKD 7,610,000 on May 7, 2019. The investor will acquire and hold 6% stake in the company upon closing. The shares are subject to holding period of 6 months from the listing date.