China's Kada chooses AIM

Kada Technology, a Chinese provider of components and devices for the information technology and consumer electronics markets, is set to float on AIM in July.

Kada Technology, a Chinese provider of components and devices for the information technology and consumer electronics markets, is set to float on AIM in July.

Market capitalisation of the company at the time of admission to AIM is expected to be in the region of £100m. In 2011, Kada reported audited revenue and profit before tax in excess of $82m and $13m respectively.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.