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Timepiece component distributor Asia Time Corporation revises terms of IPO

December 18, 2007
TYM

Asia Time Corporation, a distributor of watch movements components to timepiece manufacturers, amended the terms of its IPO in a filing with the SEC on Tuesday. The company had originally expected to offer 300,000 shares at a price range of $3 to $4, but now plans to offer 700,000 shares. Westpark Capital is the sole book runner on the deal.