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CTEH INC. Trading Debut Closed at HK$0.355; Highest price of the day was HK$0.45 per share

July 2, 2018 Business News No Comments Email Email

CTEH INC. (“CTEH” or the “Company”, together with its subsidiaries, the “Group”), a leading air ticket consolidator, travel business process management service provider and travel products and services provider in Canada, announces its successful listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.https://www.centarahotelsresorts.com/cosihotels/?utm_source=e-global&utm_medium=banner&utm_campaign=cosi-firstlaunch&fbtrack=CUST-cosi-firstlaunch-e-global-banner

The closing price of the Company’s shares was HK$0.355 per share. The highest share price of the day was HK$0.45 per share. On its first trading day, trading volume of the shares of the Company reached approximately 408.7 million with a total turnover of approximately HK$165.3 million.

Lego Corporate Finance Limited is the Sole Sponsor. Lego Securities Limited is the Sole Global Coordinator and Joint Bookrunner, while Kingsway Financial Services Group Limited is a Joint Bookrunner and Joint Lead Manager. China Galaxy International Securities (Hong Kong) Co., Limited, Pacific Foundation Securities Limited, Future Land Resources Securities Limited and VMS Securities Limited are the Joint Lead Managers.

Mrs. Rita Pik Fong Tsang, Chairperson and Executive Director of the Group said, “The successful listing of the Company’s share on the Main Board of SEHK is a proof of investors’ confidence in the development and future prospects of our business. Looking forward, we strive to further increase our market share in the respective business segments by expanding customer base. The Group will continue to implement marketing initiatives to enhance brand recognition and awareness.”

Ms. Annie Shuk Fong Tsu, Chief Executive Officer and Executive Director of the Group said, “The successful listing of the Company’s share on the Main Board of SEHK marks a major milestone for CTEH INC. The Group will continue to upgrade our existing information technology system and focus on operational efficiency, in order to enhance our competiveness in the industry, as well as to maximize returns of shareholders and investors.”

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