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Deacons advises on Main Board IPO of Wah Sun Handbags International Holdings Limited

Deacons advises the sole sponsor DBS Asia Capital Limited in relation to the Main Board listing and global offering of Wah Sun Handbags International Holdings Limited. 

Wah Sun Handbags principally manufactures and sells handbags and its end customers are mainly well-known multinational fashion brand names headquartered in the U.S., Canada, Spain, Sweden and Japan.  According to a market research report commissioned by the company, it was the fifth largest non-leather handbag original equipment manufacturer (OEM) globally, the largest non-leather handbag OEM in Cambodia and the second largest non-leather handbag OEM in the PRC in terms of sales revenue in 2016.

Wah Sun Handbags published its IPO prospectus on 10 January 2018, seeking to raise up to HK$138 million (subject to the exercise of over-allotment option).  Dealings in its shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 22 January 2018.

Deacons’ team is led by Ronny Chow, Head of our Corporate Finance Practice Group. 


Key Contacts

Ronny Chow

Partner | Corporate Finance

Email or call +852 2825 9435

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