The investment project of Epro Group, Future Data Group Limited (Hong Kong stock code: 8229), has successfully listed on the Growth Enterprise Market (GEM) board of Hong Kong Stock Exchange on 8 July 2016 by way of Placing.
Future Data Group Limited issued 100 million shares at a placing price of HK$0.58/share, raising a total amount of HK$34.4 million. Mr. Telly Wong, the co-founder and Chief Executive Officer of Epro Group, said, “We are pleased to see the listing of our investment project – Future Data Group Limited, which is a significant milestone in our business history. We will continue to look for potential business opportunities in mainland China as well as other countries in the Asia Pacific region, we are still actively exploring Telecom and IT related business and collaboration opportunities to fully exploit our competitive edge.”
Future Data Group Limited established in 1997, is a Korea based company principally engaged in the provision of integrated systems and maintenance service. They having a reliable, efficient and secure system to capture, store and transmit data, which may range from e-mails, mobile text messages, video, to electronic files and credit card transaction records, has become inevitable to the daily operation of commercial and government entities. They possess the necessary knowledge and know-how to formulate system integration solutions with network connectivity, cloud computing and security features for their customers. The Directors of Future Data Group believe that access to international funding through the GEM listing in Hong Kong will support the Group’s long term sustainable growth by providing the Group with diversified and flexible means to fund the expansions plans the Group may have from time to time in the future and support the working capital needs of its operations.