Walton Hi-Tech to hold IPO lottery draw Sept 6

Walton Hi-Tech Industries is set to hold IPO (initial public offering) lottery draw on September 6 (Sunday), aiming to allocate 1.55 million IPO shares among the successful applicants. The lottery draw will be held at 10:30am through digital platform due to ongoing Covid-19 pandemic and investors can take part in the programme online, said an official atissue manager. Walton Hi-Tech is the second company that is going to hold IPO lottery draw through digital platform. On July 23 this year, the Express Insurance held IPO lottery using digital platform due to pandemic.

— FE Report