Qunabox Says IPO to Proceed Despite Suspended Status

MT Newswires Live05-24

Qunabox Group (HKG:0917) released a statement after market hours on Friday, saying its global offering "will proceed in accordance with the original listing timetable" despite its suspended status in FINI, Hong Kong's digital IPO platform.

The marketing service provider, scheduled to debut on the Hong Kong bourse on Monday, May 27, is yet to announce its IPO allotment results.

The company previously said it expects to determine its final offer price by May 23 and disclose the allocations on May 24.

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