Pinsent Masons has advised Quam Capital Limited, the listing sponsor, and the underwriters on the HK$70 million (£5.7 million) placing of shares and listing of Noble House (China) Holdings Limited on the Growth Enterprise Market of the Hong Kong Stock Exchange.
Chinese based Noble House owns and operates a premium restaurant chain across several regions in China, including Shanghai and Beijing.
The Pinsent Masons team was led by Corporate Partner Kenneth Chong assisted by Senior Associate Sylvia Zee and Counsel Jackie Liu and Penny Li in the Hong Kong, Shanghai and Beijing offices.
Commenting on the deal, Kenneth said: “We are delighted to have assisted Noble House with the IPO. Pinsent Masons has been involved in a growing number of listings in Hong Kong. The Hong Kong market is increasingly receptive to small to mid-sized deals as a result of the challenging global economic environment and I expect that this trend will continue in 2012.”
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