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Advised China Fordoo Holdings Limited (stock code: 2399) on a share subscription

Advised China Fordoo Holdings Limited (stock code: 2399) (“China Fordoo”) on subscription for new shares of China Fordoo by an investor at a total consideration of approximately HK$22.8 million. The 37,087,000 shares of China Fordoo subscribed represent approximately 1.89% of the issued share capital of China Fordoo as enlarged by the subscription. China Fordoo intends to use the net proceeds from the subscription for (i) future business development; and (ii) general working capital.


China Fordoo and its subsidiaries are one of the leading menswear enterprises in the PRC focusing on the design, sourcing, manufacturing and sales of its branded menswear products.


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