December 6, 2013, Willas-Array Electronics (Holdings) Limited (“Willas-Array”) successfully listed on main board of Hong Kong Stock Exchange by way of introduction under the stock code of 00854. Its closing price on debut day was HKD 1.15 per share and approximately 900,000 shares were traded with a turnover of approximately HKD1.09 million.
Willas-Array is a long-standing and renowned provider of electronic components and engineering solutions to industrial and commercial users and was listed on main board ofSingapore Exchange Securities Trading Limited in July, 2001. The company is primarily engaged in distribution of electronic components, integration solution suite and provision of engineering solutions services.
Jingtian & Gongcheng acted as the sponsor’s PRC legal counsel.