Asia capital markets

IPO

AZTECH Global

Advised AZTECH Global on its S$297 million initial public offering on the Singapore Exchange's (SGX) mainboard.

Dong Xing Security 

Advised as the legal adviser to Dong Xing Security (Hong Kong), the sole sponsor on it's initial public offering. China Hongguang Holdings Limited is a glass manufacturer, specialising in the production of architectural glass products, including energy-efficient safety glass products and smart glass product.

Tailam Tech Construction Holdings Limited

Advised as the legal adviser to the company on its listing to the Main Board. The company manufactures and sells PHC piles and commercial concrete in the PRC.

CMON Limited 

Advised CMON Limited on the transfer of its listing from GEM to the Main Board. CMON is a miniature war games and board games publisher.

360 Ludashi Holdings Limited

Advised as the legal adviser to the sole sponsor on its listing to the Main Board. Ludashi is a PC and smartphone hardware and system benchmarking and monitoring solution provider in China.

Kato (Hong Kong) Holdings Limited

Advised Kato Holdings, an established operator of residential care homes on its listing to the Main Board.

Design Capital Limited

Advised Design Capital Limited, furniture seller on third party e-commerce platforms in the U.S on its listing to the Main Board.

Zhejiang New Century Hotel Management Co., Ltd.

Advised Zhejiang New Century Hotel Management as the legal advisers to the joint sponsors. The Company is one of the leading hotel groups in the PRC

eBroker Group Limited

Advised eBroker Group Limited, the Group is a financial technology solution provider focusing on the provision of financial software solution services to primarily financial institutions, its listing on GEM.

Metropolis Capital Holdings Limited

Advised Metropolis Capital Holdings Limited, finance leasing company, as the legal adviser to the company.
Secondary issues

AIMS property services fund 

Advised AIMS property services fund on its secondary listing on SGX and on units consolidation. 

Listed investment funds

Private equity fund

Advised a private equity fund in its restructuring and sale of its shareholding in a water filtration and treatment equipment manufacturer to a Chinese listed company.

Takeovers and M&A

Q&M Dental Group (Singapore) Limited

Advised Q&M Dental on the acquisition of 51% stake in Acumen Diagnostics Pte. Ltd, a company involved in the manufacture, sale and distribution of diagnostic test kits for viruses such as COVID-19, in Singapore and overseas.

Q&M Dental Group (Singapore) Limited

Advised Q&M Dental on the sale of its 36.000% stake in Aidite (Qinhuangdao) Technology Co., Ltd., a company incorporated in the People's Republic of China engaged in the business of distributing and manufacturing dental equipment and supplies, to various private equity funds for an aggregate consideration of RMB360 million and the repurchase of its remaining 12.246% stake by Aidite (Qinhuangdao) technology for a consideration of RMB122 million.
 

Top Global Limited 

Advised Top Global Limited in respect of the voluntary conditional cash offer made by CIMB Bank for and on behalf of SW Investment Holding Pte. Ltd. 

Cheung Woh Technologies

Advised Cheung Woh Technologies Ltd in relation to the voluntary conditional offer by Maybank for and on behalf of Woh Seng Holdings Pte. Ltd.

The joint provisional liquidators of CECEP COSTIN New Materials Group Limited/PricewaterhouseCoopers

Advised client on a proposed acquisition of a real estate portfolio from sellers connected with Mr. Anson Chan and his family, and the proposed reverse takeover, the deemed new listing application, and the proposed resumption of trading of its shares on the Main Board of the Hong Kong Stock Exchange, the process of which such acquisition forms part.

eSun Holdings Limited

Advised on its acquisition of 10% shareholding interest in Intercontinental Group Holdings Limited from Lai’s Holdings Limited. Our role included drafting the relevant share sale and purchase agreement and joint announcement, reviewing corporate and ancillary documents and liaising with the Hong Kong Stock Exchange in connection with the transaction.

SEA Holdings Limited (Shouson Hill)

Advised on the purchase of the entire issued share capital of three companies holding properties on Shouson Hill, 
Hong Kong. The purchaser in each agreement was a wholly[1]owned subsidiary of SEA Holdings Limited, for an aggregate consideration of HK$1,528,000,000. 

Advised on an investment in a Southeast Asian fibre optic network company. 

Advising a listed fintech group

Advised the client in the acquisition of 51% of a Singapore fintech entity, which is licensed by the MAS in Singapore to deal in securities and for fund management. This acquisition has allowed the client to now expand its offering into the Singapore market.

Prosperity International Holdings (H.K.) Limited

Acting on its disposal of the entire issued share capital of Greater Sino Investments Limited, which constituted a very substantial disposal pursuant to the Hong Kong Listing Rules. We advised on the arrangement of a private bid process for the Disposal, the put option agreement, the sale and purchase agreement, completion matters from the Hong Kong legal perspective, and compliance matters in connection with the Hong Kong Listing Rules.

Pricewaterhouse Coopers

Advised Pricewaterhouse Coopers, the liquidators of Shanghai Huaxin Group (Hongkong) Limited (In Liquidation) (“SHX”), on the sale by SHX to Tai Hung Fai Enterprise Company Limited (“THF”) of the entire issued share capital and shareholder loans of two of its BVI subsidiaries.

Fund management company acquisition

Advised a listed Hong Kong holdings company client in its proposed acquisition of 49% stake in a fund management company incorporated in the PRC from a licensed bank in France. One of the members of the target group is a SFC licensed corporation in Hong Kong. The transaction involves obtaining the approvals from CSRC and MOFCOM in the PRC as well as the approval from SFC in Hong Kong. Given that our client is a company listed in Hong Kong, the transaction is also subject to compliance with the Hong Kong listing rules.

Debt capital markets

International Commodities Trading Group 

Advised International Commodities Trading Group on several Singapore and Luxembourg listed Eurobond issuance.

Regulatory

SGX Listing Manual

Advised Singapore listed companies on compliance with the SGX Listing Manual.

KLW Holdings

Advised KLW Holdings Limited on SGX compliance. 

Corporate Governance Code – Hong Kong

We provide advice to numerous companies listed on the Stock Exchange of Hong Kong concerning directors' duties and compliance with the Corporate Governance Code under the rules governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and on the annual Corporate Governance Report.

Share schemes and incentives

Aoxin Q&M Dental Group and Q&M Dental Group (Singapore)

Advised Aoxin Q&M Dental Group Limited and Q & M Dental Group (Singapore) Limited on their various corporate actions including the adoption of employee share schemes and share repurchase mandate.

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