E-Land China launches up to $350 mln HK IPO-sources
(For an expanded IPO diary, please see <HK/IPOMENU>)
HONG KONG, April 8 (Reuters) - E-Land China Holdings Ltd kicks off pre-marketing for its $250 million to $350 million Hong Kong initial public offering on Tuesday, sources close to the deal said.
The women's apparel retailer is a spin-off from South Korea's E-Land World Ltd. The firm plans to start its formal marketing roadshow on April 21, with a listing scheduled for May 8.
Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz), UBS (UBSN.VX: Quote, Profile, Research, Stock Buzz) and Citigroup (C.N: Quote, Profile, Research, Stock Buzz) are sponsoring the deal.
(US$1=HK$7.8)
(Reporting by Kennix Chim; Editing by Anne Marie Roantree)
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