SLB Development Ltd (“SLB” or the “Company”) is offering 8m shares at $0.23 each for the public and 230m shares via placement. The public offer will close on April 18 at 12pm and starts trading on April 20. Based on the IPO price, the market cap will be around $210m.

Principal Business

SLB Development Ltd is a diversified property developer that was “spun out” from the listed Lian