October 18, 2013, IGG Inc. successfully launched its initial public offering (IPO) for a Hong Kong Stock Exchange growth enterprise market (GEM) listing by way of placing under the stock code of 8002. The placing price was HKD 2.8 per share. The IPO raised approximately HKD 993 million in total and IGG became one mainland enterprise with the largest financing scale on GEM of SEHK in recent years.
IGG Inc is a fast-growing online game publisher and developer, providing multi-language web games, client games and mobile games to players around the world. Headquartered in Singapore, the company has regional offices in China, US and Philippines.
Jingtian & Gongcheng acted as the issuer’s PRC legal counsel in this transaction. Moreover, we had advised the issuer in private financing and acquisition and been its perennial legal counsel since 2008.