Electrical engineering contractor Yew Sang Hong (Holdings) plans to float its shares at price-earnings ratio of 4.4 times for net proceeds of HK$25 million, making it the smallest main-board float this year. It is offering 50 million shares, or 25 per cent of its enlarged share capital, at HK$1 each. The issue size achieves the minimum exchange requirement of HK$50 million.
