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WANG & LEE GROUP Priced, Nasdaq: WLGS

Provides design and contracting services to the construction industry in China.

Industry: Industrials

Latest Trade: $3.60 +0.85 (+30.9%)

First Day Return: -38.0%

Return from IPO: -45.0%

Industry: Industrials

Wang & Lee Engineering Limited was founded in 1981 and we mainly conducted electrical work until December 3, 1992. By 1990, we had provided services for a great number of shops, factories and residential buildings and began providing other installation work. WANG & LEE CONTRACTING LIMITED, formerly known as WANG & LEE ENGINEERING (M/E) LIMITED was incorporated in HK SAR on December 3, 1992. It changed its name to WANG & LEE CONTRACTING LIMITED on May 2, 1995 to reflect the expanded scope of work it now provides. Wang & Lee Engineering Limited was wound up in 2003. We are, a construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems (“E&M”), which include low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors.
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IPO Data
IPO File Date 06/21/2022
Offer Price $5.00
Price Range $5.00 - $5.00
Offer Shares (mm) 1.6
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/20/2023
Offer Price $5.00
Price Range $5.00 - $5.00
Offer Shares (mm) 1.6
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Boustead Securities
Company Data
Headquarters Hong Kong, China
Founded 1981
Employees at IPO 16
Website www.wangnlee.com.hk

WANG & LEE GROUP (WLGS) Performance