IFLR1000

Aimer $118 million SSE IPO

31/5/2021
IPO
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Rmb 754 million

$ 118 million

Completed

31/5/2021

Overview:

  • Aimer has raised $118 million through an IPO on the Shanghai Stock Exchange.
  • The company offered 400 million shares priced at Rmb20.99 per share.
  • Founded in 1993 in Beijing, Aimer is a lingerie maker who caters to China’s high-end market. It will use the yield funds to strengthen its marketing and data capabilities as well as invest in production in Vietnam.

Annie Wang - Research analyst

Jurisdiction:

Shanghai

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

China

Industry sector:

Industrials and manufacturing

Firm:
King & Wood Mallesons

Party: Aimer (Issuer)

Lawyers: Chengmin Shen, Mingyuan Zhang, Yimin Gao

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