Paul Hastings, a leading global law firm, announced today that the firm represented Morgan Stanley Asia Limited, CITIC Securities Corporate Finance (HK) Limited, ICBC International Securities Limited, CCB International Capital Limited, DBS Asia Capital Limited, First Shanghai Securities Limited, GF Securities (Hong Kong) Brokerage Limited and Celestial Securities Limited as counsel to the underwriters in China VAST Industrial Urban Development Company Limited’s (“China VAST”) US$130 million Hong Kong IPO and Rule 144A global offering on the Main Board of the Hong Kong Stock Exchange. (more…)
Kirkland & Ellis represents Orchid Asia Group Management Limited, a leading independent Chinese private equity firm, which recently closed its sixth private equity fund Orchid Asia VI. The fund closed at its hard cap with aggregate capital commitments of US$920 million. The fund, which will continue Orchid Asia’s investment strategy in China’s consumer services and products sector and the outsourced manufacturing and services sector, accepted commitments from a broad mix of global institutional investors, including public and private pension plans, endowments and foundations, diversified financial institutions and family offices. (more…)
The Hong Kong office of the Firm recently represented Ta Chong Bank, Ltd. in its issuance of US$350 million 1.0% Convertible Senior Bonds (the “Bonds”) to an affiliate of the Carlyle Group. Ta Chong Bank is a leading full-service commercial bank and one of the most profitable private banks in Taiwan. Common shares of Ta Chong Bank are traded on the Taiwan Stock Exchange under the trading code “2847”. The Bonds are listed on the Singapore Stock Exchange. (more…)
Paul Hastings, a leading global law firm, announced today that the firm represented WH Group Limited (“WH Group”, formerly known as Shuanghui International Holdings Limited) in its US$2.36 billion (HK$18.31 billion) global offering and IPO on the Main Board of the Hong Kong Stock Exchange (including the offering amount in the event that the over-allotment option is exercised in full). Morgan Stanley Asia Limited and BOCI Asia Limited acted as the Joint Sponsors, Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers of the offering.
WH Group is the world’s largest pork company, with global leadership across key segments of the industry value chain, including packaged meats, fresh pork and hog production. (more…)
Paul Hastings, a leading global law firm, announced today that the firm advised Sino-Ocean Land Holdings Limited (“Sino-Ocean Land”) as the guarantor in relation to the issue by its wholly-owned subsidiary, Sino-Ocean Land Treasure Finance I Limited, of the US$500 million 4.625% guaranteed notes due 2019 and US$700 million 6.000% guaranteed notes due 2024. (more…)
The Hong Kong office of law firm Eversheds has announced today the appointment of partner Samuel Chau in the Hong Kong Banking team.
Samuel was previously a partner at Gide Loyrette Nouel in Hong Kong and prior to that a Counsel at Sidley Austin, where he worked for over ten years. (more…)
Slaughter and May announces that Charlton Tse has been appointed a partner in Hong Kong with effect from 1 August 2014.
Charlton is an experienced M&A and corporate finance lawyer who is Hong Kong and English law qualified. He will play an important part in developing the firm’s corporate and investment banking client relationships in both Hong Kong and the PRC. (more…)
Paul Hastings, a leading global law firm, announced today that the firm represented Unitech Enterprises Group Limited (“Unitech Enterprises”) in its acquisition of approximately 61.56% of the entire issued share capital of the Hong Kong-listed Ford Glory Group Holdings Limited (“Ford Glory Group”), which is principally engaged in the business of sourcing garment products, at a total consideration of HK$258 million. (more…)
Appleby acted as Cayman counsel for Times Property Holdings Limited (Times Property) in relation to the issuance of 10.375% RMB900 million Senior Notes due 2017. The net proceeds from the issuance of the Notes will be used to refinance its existing debt. Earlier this year, Appleby also acted for Times Property in its issuance of 12.625% US$225 million Senior Notes due 2019. (more…)