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Zhong Lun Served Noah’s listingon New York Stock Exchange
Zhong Lun Served Noah’s listingon New York Stock Exchange
Oct. 19th 2007 was the IPO day of Noah Ed Hldgs Ltd (“NED") on New York Stock Exchange in the US. NED is a manufacturer and Seller of educational electronic products, software, as well as educational resources and services. There are 10,200,000 shares of ADS in all for offering at the price of $14 per share this time. The amount of 140million dollars collected shall be employed for the purpose of the improvement of core competence of the company, development of new products, as well as highlighting the brand and related restructuring and M & A.
Deutsche Bank acts as the lead underwriter,with the Canadian Imperial Bank of Commerce, Thomas Weisel Partners LLC as well as First Shanghai act as the co-manager, while Mr. Su Min provides legal service on PRC laws.