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Friday, Oct 23, 2020

Japanese restaurant chain Daikiya pulls Hong Kong IPO as coronavirus outbreak hits deal making

Japanese restaurant chain Daikiya pulls Hong Kong IPO as coronavirus outbreak hits deal making

Daikiya said it decided not to proceed with the share offer because of the prevailing market conditions. The company was planning to raise up to HK$200 million through the IPO by selling 100 million shares at HK$1.60 to HK$2.00 apiece
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