Boyuan IPO Offer Opens

Published September 14, 2016 | By Ross McDowall

BlueMount Capital is pleased to announce that the Initial Public Offer for Boyuan Holdings Limited has opened for investors.

Key IPO Details

First Chinese property developer to be listed on ASX and part of the very large Jiayuan Group with substantial development experience
FY2015 sales approx. A$20 million with NPAT approx. A$6.1 million
Pre-IPO valuation of A$50 million and P/E of 8.19x
Valuable real estate holdings in China together with properties in NSW and plan to become a large property developer in Australia post listing
Company intends to pay dividends in FY2016
Experienced board and management
Audited by Deloitte

A copy of the Boyuan prospectus is available from the dedicated Boyuan IPO page.

Open Date: 12 September 2016

Close Date: 12 October 2016

Minimum Investment A$2,000