WHY NOVUS CAPITAL?

is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.

CONTACT INFO
  • Address: Level 24, Royal Exchange Building, 56 Pitt Street, Sydney, NSW 2000 Australia
  • Phone: +61 2 9375 0100
  • Email: Contact Us
Halu Group Limited

Halu Group Limited

About Halu Group Limited

Halu Group Limited (NSX Code: HG1) is the Australian ultimate holding company of a group of Chinese companies engaged in the design, manufacture, sales and distribution of over 300 types of bearings. Halu bearings are used in multiple industries including, but not limited to, a wide range of electric and internal combustion motors and engines, agricultural machinery, automobile manufacturing and many others.

The Group's trademarked brands are recognised by both domestic and international markets. Halu owns 4 Patents and 9 Trademarks and our products are sold in over 30 countries around the world as white label for other brands or under one of Halu’s sub brands.

Halu's key products include the ten internationally recognised standard types of bearings - Deep groove ball bearings; Spherical ball bearings; Thrust ball bearings; Angular contact ball bearings; Taper roller bearings; Spherical roller bearings; Cylindrical roller bearings; Thrust cylindrical roller bearings; Needle roller bearings; and Outer spherical bearings.

Halu bearings are sold in over 30 countries world wide, in many cases they are white labeled and sold under more famous brands such as HRB. The purpose of listing in Australia is to expand the company's footprint and improve brand awareness so that more product can be sold directly for better margins under one of Halu's house brands.

The Offer

Halu group is seeking to raise between $400,000 and $1M by selling shares at 20c to list on the NSX. The expected market cap on listing will be between $7 and $8M Australian dollars.

More information please contact the lead Adviser on this project Gavan Farley +61 2 9375 0114 or contact us.