Shearman & Sterling represented Credit Suisse and BNP Paribas, as the Joint Bookrunners, and RHB Bank Berhad and United Overseas Bank Limited, as the Joint Lead Managers, in connection with Mewah International Inc.’s approximately US$210 million Rule 144A/Regulation S initial public offering on the Main Board of the Singapore Exchange Securities Trading Limited (more…)
Mallesons is acting on the Commonwealth Bank of Australia’s (CBA) $500 million inaugural retail bond issue. The offer sets a standard for disclosure to investors, and serves as a welcome boost to Australia’s retail bond market (more…)
Shengkai Innovations, Inc., a leading ceramic valve manufacturer in the People’s Republic of China whose shares are listed on the NASDAQ Global Market, closed a public offering of 2,456,800 shares of common stock at $5.50 per share on November 24, 2010 (more…)
Kramer Levin client Lizhan Environmental Corporation, a China-based supplier of synthetic leather and other fabrics manufactured from recycled leather waste whose shares are listed on the NASDAQ Global Market, closed its initial public offering on November 24, 2010, raising gross proceeds of $10.0 million (more…)
Orrick, Herrington & Sutcliffe LLP has advised Standard Chartered Bank (SCB) in connection with a major financing and the acquisition by Ascendas China Commercial Fund of Cross Tower, a major commercial real estate asset in the central business district of Shanghai, the People’s Republic of China (more…)
Hogan Lovells advised Macquarie Capital Securities Limited as sole global co-ordinator and sponsor on the US$204 million Hong Kong listing of Chinese milk powder company Global Dairy Holdings Limited (“Global Dairy”) (more…)
International law firm Hogan Lovells has acted as counsel to Professor Luc Montagnier, a French virologist who received the 2008 Nobel Prize in Physiology or Medicine for his discovery of the Human Immunodeficiency Virus (HIV), on his appointment by Shanghai Jiaotong University as its faculty professor and director of a new research institute (more…)
Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Mingfa Group (International) Company Limited (Mingfa Group), a leading PRC investment company focused on property development, in its issuance of HK$1,551,580,000 (approximately US$200 million) in convertible bonds with HK$387,895,000 (approximately US$50 million) of warrants. The subscribers are co-owned by Warburg Pincus Private Equity X, L.P. and Warburg Pincus X Partners, L.P., private equity investment funds managed by Warburg Pincus. UBS and BOCOM International (Asia) Limited acted as financial advisers to the company (more…)
Global law firm Clifford Chance is advising Evolution Securities and Renaissance Capital on the initial public offering and AIM listing of Jubilant Energy. Jubilant Energy is a Dutch company with Indian oil and gas exploration and production assets that is well positioned to benefit from the growth potential of demand for oil and gas in India (more…)
Herbert Smith has advised Goldman Sachs Asia (Asia) L.L.C., as placing agent, on the sale of 294 million shares of Hang Lung Properties Limited (HLP) held by its controlling shareholder, Hang Lung Group Limited (HLG), for HK$11.01 billion (US$1.42 billion) (more…)
Simpson Thacher represented The Blackstone Group in connection with its agreement to manage Bank of America Merrill Lynch’s Asian real estate assets and to act as the new general partner for the Merrill Lynch Asian Real Estate Opportunity Fund. The combined Merrill Lynch portfolio (valued in excess of $2 billion) consists of assets geographically spread across Asia, with the substantial majority located in four markets: Japan, China, India and South Korea. The transaction closed on November 23, 2010. Terms of the transaction were not disclosed (more…)
