Herbert Smith has recently advised J.P. Morgan Securities (Asia Pacific) Limited as the sole bookrunner on the placement by Mr. Chen Fashu, a prominent entrepreneur in China, of up to 32,000,000 H shares in the capital of Tsingtao Brewery Company Limited at a placing price of HK$47.00 per share.
Tsingtao Brewery Company Limited is listed on the Main Board of the Hong Kong Stock Exchange and is one of China’s largest beer-makers.
The Herbert Smith team was led by corporate partnersĀ Matt Emsley andĀ Kevin Roy, senior associateVictor Ding and associateĀ Jackie Chen.
Matt Emsley commented:
“We are delighted that we have been able to work with J.P.Morgan on this high profile and successful transaction.”
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