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To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Minieye Tec
02431.HK
Application Software 17-20.2 200 4,081 2024/12/20 2024/12/24 2024/12/27
Xunfei Healthcare
02506.HK
Application Software 82.8 50 N/A 2024/12/23 2024/12/27 2024/12/30
InnoScience
02577.HK
Semiconductors & Semiconductor Equipment 30.86-33.66 100 3,400 2024/12/23 2024/12/27 2024/12/30
HealthyWay
02587.HK
Health Care Services 7.8-8.8 500 4,444 2024/12/23 2024/12/27 2024/12/30
Summary
We are a structural steelwork contractor in Hong Kong, specialising in the supply, fabrication and installation of structural steel for construction projects in Hong Kong. We were established in 1999 and have since undertaken structural steelwork in the role of subcontractor. With two production facilities in Dongguan, the PRC, we possess our in-house capacity to process and fabricate structural steel tailored to the specifications of our customers. All of our structural steel production capacity is currently used to cater to our own project needs. According to the Industry Report, our Group ranked third in the Hong Kong structural steelwork industry in terms of revenue in 2022, and accounted for approximately 3.4% of the market share in 2022.

Structural steelwork refers to the fabrication and forming of steel structures, typically serving as the backbone of buildings and infrastructure during initial construction stage. Essentially, structural steelwork involves columns and beams which are riveted, bolted or welded together. Structural steelwork providers supply, cut, bend, weld and assemble structural steel frames, trusses and other components into structures in accordance with the specifications provided in the building plans and designs.

We mainly focused on the role of project management and supervision in carrying out our projects, and we have engaged subcontractors to perform a substantial part of the construction site works under our supervision. Typically, our major responsibilities in a project include (i) arranging site preparatory and preliminary works; (ii) engaging and supervising our subcontractors; (iii) maintaining regular communication with our customers; (iv) monitoring the implementation of construction site works; (v) conducting site safety supervision and quality control; and (vi) developing detailed work schedule and work allocation plan. For FY2020, FY2021, FY2022 and the nine months ended 30 September 2023, we incurred subcontracting fees of approximately HK$71.0 million, HK$48.9 million, HK$91.6 million and HK$57.2 million for our construction site works, representing approximately 29.3%, 32.9%, 39.8% and 34.9% of our total purchases, respectively.



Source: WK Group (02535) Prospectus (IPO Date : 2024/02/29)
Listing Market MAIN
Industry Building Construction
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders WK (BVI) Limited (75.00%)
Directors Chan Wing Hong (Chairman and Non-Executive Director)
Chan Kam Kei (Chief Executive Officer and Executive Director)
Chan Kam Kong (Chief Operating Officer and Executive Director)
Chan Suk Man (Executive Director)
Choi Chick Cheong (Non-Executive Director)
Cha Ho Wa (Independent Non-Executive Director)
Liu Chi Kwun Albert (Independent Non-Executive Director)
Yu Chun Kit (Independent Non-Executive Director)
Company Secretary Tam Hon Fai
Principal Bankers The HongKong and Shanghai Banking Corporation Limited
Solicitors Ms. Queenie W.S. Ng
ONC Lawyers
Appleby
China Commercial Law Firm
Auditors PricewaterhouseCoopers
Registered Office Room 1510-1511, 15th Floor Fortune Commercial Building 362 Sha Tsui Road Tsuen Wan, New Territories Hong Kong
Share Registrars Boardroom Share Registrars (HK) Ltd. [Tel: (852) 2153-1688]
Share Registrars Tel No (852) 2153-1688
Internet Address http://www.wing-kei.com.hk
Email Address info@wing-kei.com.hk
Tel No (852) 2408-1783
Fax No (852) 2408-1882
 
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