Appleby acted as Cayman counsel for Allied Cement Holdings Limited in relation to its listing on the main board of the Hong Kong Stock Exchange on 18 January 2012.
The gross proceeds of the listing totalled approximately HK$145 million.
The Appleby team was led by Judy Lee, a Corporate Partner in Appleby’s Hong Kong office, assisted by Associates Julia Tam and Chris Cheng.
Hong Kong counsels were P.C. Woo & Co. for Allied Cement Holdings Limited and Mason Ching & Associates for the sponsor, Altus Capital Limited and underwriter, Sun Hung Kai Investment Services Limited.
Allied Cement Holdings Limited is engaged principally in the manufacture, sale and trading of cement and clinker with operations in Shandong Province and Shanghai. Their products are mainly sold to customers in the provinces of Shandong, Shanghai, Jiangsu and Anhui and are primarily used in infrastructure projects including roads, highway bridges, railways and building constructions.
The company has spun off from Tian An China Investment Company Limited, which is principally engaged in the development of high-end apartments, villas, office buildings and commercial properties, property investment and property management, as well as the manufacture, sale and trading of cement and clinker in the PRC.
Related Posts:
- None Found