OTCPharm Public Company, a subsidiary of Pharmstandard JSC, has announced a successful completion of the procedure for listing of its shares. The project was supported by the Banking & Finance and Capital Markets Team at Egorov Puginsky Afanasiev & Partners.

The deal structure provided for two stages: spining-off of a subsidiary from Pharmstandard JSC, involving a transfer of the company’s OTC business, as well as further listing of shares in the newly established company in order to prepare for an eventual IPO.

Tele Columbus AG (Tele Columbus) successfully completed its IPO with the initial listing of its shares on the Frankfurt Stock Exchange on 23 January 2015. The total issue volume was €510m.

With around 1.7 million connected households, Tele Columbus Group is one of Germany’s largest cable network operators with core presence in Berlin, Brandenburg, Saxony, Saxony-Anhalt and Thuringia as well as in numerous key regions in western Germany.

Norton Rose Fulbright has advised Dawn State Limited on the subscription of approximately 1.9 billion new H shares of Haitong Securities Co., Ltd. by seven investors, at the subscription price of HK$15.62 per new H share.

Haitong Securities is a dual listed company with A shares listed on the Shanghai Stock Exchange and H shares listed on the Hong Kong Stock Exchange. The subscription amounted to a total consideration of approximately HK$29.9 billion (approximately US$3.86 billion), which is more than doubling the size of Haitong Securities’ Hong Kong listing.

Clifford Chance has advised Deutsche Bank AG as the sole bookrunner on Philippine renewable energy firm First Gen Corporation's PHP7.5 billion ($168 million) accelerated top-up placement to support expansion of its power projects.

Partner Raymond Tong said, "We were delighted to advise on this exciting Philippines transaction. We're seeing an increase in capital markets deals in the country, particularly to help fund infrastructure and energy projects."

Danny Lim, Chia Lee Fong and Caitlin Huang from the Corporate & Capital Markets Practice acted for Lifebrandz Ltd in its private placement of 500,000,000 shares for an aggregate consideration of S$1.8 million.

The Lifebrandz group, which is listed on the mainboard of the Singapore Exchange Securities Trading Limited, is a brand development and management group specialising in the lifestyle and entertainment industries.

Zuoli Kechuang Micro-finance Company Limited (“Zuoli Kechuang”, stock code: 06866) was successfully listed on the Main Board of the Stock Exchange of Hong Kong. A total of 300,000,000 shares priced HK$1.3 per share were offered, 30,000,000 to Hong Kong and the other 270,000,000 sold internationally. At the closing of the first trading day, the shares rose by 42%, to HK$1.85 per share.

Kiping Group (stock code: SH601636) recently gained CSRC approval for its private placement project. It was advised by Guangzhou-based attorneys Lu Wangsheng, Peng Yuan and trainee Jiang Yuwen.

Kiping Group, listed on the Main Board of Shanghai Stock Exchange, would become China’s No.1 glass manufacturer following the private placement and purchase of assets from substantial shareholders.

White & Case LLP has advised Samba Capital & Investment Management Company, the Saudi Arabian-based provider of asset management, brokerage, investment banking and corporate finance services, in its capacity as lead underwriter on the initial public offering of Electrical Industries Company (EIC).

The IPO, which was completed successfully in November 2014, consisted of 13.5 million newly issued shares in EIC with an aggregate value of SAR 729 million. EIC is a leading Saudi company in the electrical industries field.

Simpson Thacher represented Linekong Interactive Co., Ltd. (“Linekong Interactive”) in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 73,968,000 ordinary shares (prior to the exercise of the over-allotment option), which raised approximately HK$724.9 million (approximately US$93.5 million) in gross proceeds. The ordinary shares of Linekong Interactive are listed on the Growth Enterprise Market of the Hong Kong Stock Exchange.

Paul Hastings announced today that it advised the placement agents on Ayala Land, Inc.’s (“Ayala Land”) US$356 million (PHP16 billion) top-up placement.

Ayala Land is a leading diversified property developer in the Philippines. Proceeds of the placement will support Ayala Land’s capital expenditure program for 2015, which is estimated at PHP100 billion.