IPO - Legion Consortium Limited
13 January 2021
We are proud to announce that Ravia has taken a stake in a new publicly traded company Legion Consortium Limited that recently completed an initial public offering (IPO) by offering a real estate appraisal service. Legion Consortium Limited (stock code: 2129.hk), listed on Main Board of Hong Kong Stock Exchange on January 13, 2021. The IPO of the stock was oversubscribed 442 times, with a profit rate of only 1.09% due to the popularity of the stock.
Legion Consortium Limited was founded in 1995 and is an established logistics service provider in Singapore offering trucking, freight forwarding and value-added transportation services. Their responsibilities include ensuring that freight is delivered on time and in good condition.
We would like to congratulate Legion Consortium Limited and hope that it will continue its business expansion in the future.
Details of the IPO: https://www1.hkexnews.hk/listedco/listconews/sehk/2020/1230/2020123000007.pdf