Macau-based electronic gaming equipment supplier Asia Pioneer Entertainment Hold-ings Limited is set to commence trading on the Growth Enterprise Market of The Hong Kong Stock Exchange to-morrow, 15 November, following the re-cent offering of 250 million shares.
The shares, which comprised 25 mil-lion public offer shares and 225 mil-lion placing shares at an offer price be-tween HK$0.24 and HK$0.36 per offer share, were offered from Tuesday 31 October to Friday 3 November.
APE, also an exhibitor at MGS Entertainment Show 2017, is one of seven gaming machine agents in Macau approved by the DICJ to sup-ply equipment to all six concessionaires, with its operations including the technical sales and distribution of electronic gaming equipment to casino operators, the provision of consulting services to manufacturers and technical services to both manufacturers and casino operators and the provision of repair services to casino operators.
APE’s Chairman, Allen Huie, stated recently that proceeds from the share offer would be used to source new products for the Macau market and to refurbish older machines. The company will also look at leasing equipment to Macau operators.
APE will list on the Hong Kong Stock Exchange under the stock code 8400. If you’d like to speak to them in person at MGS, visit Booth AP22/AR19.