Neolink Cyber Technology Holding, a telemedia solutions provider, will list this month on the Growth Enterprise Market. The company plans to issue 25 per cent of its shares through placements in Hong Kong and Singapore. It hopes to raise HK$60 million to HK$80 million to fund acquisitions and expansion in the mainland. Among the targets for acquisition are two mainland companies - Haoyuab Yingte and Haoyuan Sky Internet - which have licences for telephone services and Internet business, said chairman Wong Chit-on (above). Sponsors DBS Asia Capital and China Everbright are working out the pricing of the placement. Last year, the company's profits dropped to HK$5.16 million from HK$9.96 million in 1998, but turnover increased to HK$22.78 million from HK$20.3 million. Samuel Yeung
