HONG KONG, Sept 5, 2024 – (ACN Newswire) – Fenbo Holdings Limited, an established original equipment manufacturer (OEM) that produces electrical hair styling products under the “Remington” brand, seeks to raise as much as $5 million by selling new shares via a follow-on deal after its initial public offering late last year, according to a company filing in August. Fenbo intends to use approximately 20% of the net proceeds to bolster its research efforts on developing new products; approximately 40% of the net proceeds to develop its own branded products; approximately 30% to form an expanded s…