DLA Piper has advised Smart-Core Holdings Limited on its successful approximately HK230 million initial public offering on the Main Board of the Stock Exchange of Hong Kong.

Smart-Core is a leading distributor of integrated circuit and electronic components headquartered in the PRC. The company believes there will be rapid growth in its field in the future. The Hong Kong tranche was over-subscribed by 15.5 times and the international tranche was moderately over-subscribed.

DLA Piper has a strong track record advising issuers on their listings in Hong Kong. In recent years, the Corporate team has acted on a number of successful IPOs, such as the HK$200 million IPO of China Unienergy Group, the HK$122 million IPO of Human Health, the HK$186 million IPO of Zhuangyuan Pasture, and the HK$706 million IPO of China Greenfresh, with more in the pipe line.

Dr. Liu Wei, DLA Piper's Corporate partner, who led on this transaction said: "We are very pleased to have advised Smart-Core on its successful listing in Hong Kong. I would like to thank my team for their dedication which has allowed us to complete this transaction seamlessly." ?

Dr. Liu was supported by of counsel Christina Loh, legal officer Li Xiao, associate Michael Ho, and legal assistant Ken Chau. Partners Melody He-Chen, Mike Suen and associate Maisie Yeung also assisted on this transaction (all Corporate).

DBS acted as the sole sponsor, DBS and Haitong as joint global coordinators. DBS, Haitong, GF Securities, Fortune Securities and Guotai Junan acted as joint bookrunners and joint lead managers while Deloitte acted as the reporting accountant. ?