[16 November, 2017, Hong Kong] Bestway Global Holding Inc. (“Bestway Global” or the “Company”; stock code: 3358), a leading and one of the most well-established branded companies in the global water leisure products market, was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) at 9:30am today, under the stock code 3358 with a board lot of 500 shares.
Morgan Stanley Asia Limited (“Morgan Stanley”) is the Sole Sponsor and the Sole Global Coordinator, Morgan Stanley and CMB International Capital Limited are the Joint Bookrunners and the Joint Lead Managers of the Global Offering.
Bestway Global’s Chairman, Executive Director and Chief Executive Officer, William Zhu comments, “Bestway Global has stepped into the international capital market and embarks a new journey as a listed company. The Offer Shares of Bestway Global have been well received under both Hong Kong public tranche and International tranche, representing well recognition in the capital market. This result revealed the full confidence of the investors in the growth of the Company and global outdoor leisure products market. The success of the listing will not only lead Bestway Global to the next milestone, but also lay a solid foundation for the long-term development of the Company.”
“Our vision is to create fun, lasting experiences for everyone in the world through the products and services we provide. Since our humble beginnings in 1994, we have devoted our efforts to strengthening our research, design, development and manufacturing capacities, while continuously expanding our product and brand portfolio. Our products can now be found in over 110 countries across six continents worldwide. Looking forward, Bestway Global will capitalize the opportunities brought by the growth of the global outdoor leisure products market, further expand our business in Asian market, optimize cost effective, enhance our research, design, development and manufacturing capacities, actively seek M&A opportunity as well as maximize the return of investors.”