IPO Services support your company to complete IPO project

"IPO" means the initial public offering of a newly listed stock. "Receiving bank" means a bank which performs the role of a receiving bank in an IPO. "Receiving bank" plays a major role in an IPO in the whole process. No matter you are potential corporate planning for IPO or investors looking for financing for IPO subscriptions, we can provide tailor-made solutions to support your needs.

Features

Main Receiving Bank

• Handle the account opening for the applicant for public listing including the account(s) which is/are opened in our bank or other sub-receiving bank(s)
• Liaise with the assigned Share Registrar for the refund cheque specimen and signing arrangement
• Act upon the instructions from the listed company or its underwriter
• Perform all duties of receiving bank

Receiving Bank

• Distribute application forms and prospectuses
• Collect completed forms and application monies (e.g. cheques or cashier's orders) from the applicants subscribing for new shares
• Process completed forms and application monies
• Recycle application monies in the inter-bank money market
• Arrange refund of the application monies to unsuccessful or partially successful applicants

IPO Financing

• Provide IPO financing to brokers
• Financing period for new share subscription starts from the date of deadline of IPO application up to the refund date