King & Wood Mallesons advises the sole sponsor and underwriters on Tianbao Energy’s H-Share Listing
King & Wood Mallesons (KWM) advised the sole sponsor and the underwriters as the Hong Kong counsel on the initial public offering (IPO) and the listing of the H-shares of Tianjin Tianbao Energy Co., Ltd. (Tianbao Energy, Stock Code: 1671) on the Main Board of The Stock Exchange of Hong Kong.
Listed on 27 April 2018, the IPO comprised a share offer and placing of a total of 44.3 million shares, after the offer size adjustment option was exercised. Priced at HK$1.9 per share, the gross proceeds from the share offer and placing was approximately HK$ 84.2 million.