BRIEF: Softcare controlling shareholder boosts stake
Leading African diaper seller Softcare Ltd. (2698.HK) said on Tuesday that Yang Yanjuan, a non-executive director and wife of the company’s founder, acquired just over 1 million of the company’s shares in…
China’s ‘Africa diaper king’ soaks up big profits in first post-IPO results
Softcare’s revenue rose by 25% last year, while its profit increased 27%, as its focus on emerging markets yielded solid results Key Takeaways: Softcare reported 25% revenue growth last year,…
BRIEF: Softcare jumps in trading debut in heavily oversubscribed IPO
Shares of leading African diaper seller Softcare Ltd. (2698.HK) opened 33.5% higher in their Hong Kong trading debut on Monday, and retained most of the gains to close up 31.5% at…
BRIEF: African diaper king Softcare to raise up to $300 million in IPO
Leading African diaper seller Softcare Ltd. (2698.HK) launched its Hong Kong IPO on Friday, aiming to sell 90.88 million shares for HK$24.20 to HK$26.20 apiece to raise up to HK$2.38…
BRIEF: Softcare’s Hong Kong IPO approved by China’s securities regulator
China’s securities regulator has formally registered the Hong Kong listing plan by Softcare Ltd., clearing a key regulatory hurdle for the IPO by the Africa-focused seller of diapers and sanitary…
After mopping up in Africa, Softcare aims to soak up investor dollars with IPO
The top seller of diapers and sanitary pads in Africa and has filed to list in Hong Kong, fueling its growth by targeting countries with high birth rates and growing…
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