Heuking Kühn Lüer Wojtek advised Aschheim-based Munich Brand Hub AG on converting receivables from a bond issued by Laurèl GmbH into shares in Munich Brand Hub AG (“debt-to-equity swap”). The company was also advised on listing the shares on the Munich Stock Exchange.
DLA Piper has advised China Maple Leaf Educational Systems (China Maple Leaf), a Chinese international school operator, on the over HK$1 billion placing of shares.
China Maple Leaf is the largest international high school and international school operator in China. At the end of the 2016/2017 academic year, over 26,000 students were enrolled in 60 China Maple Leaf schools located in 16 cities in China and Canada.
The placing was managed by UBS AG as placing agent, sole global coordinator and sole bookrunner.
Davis Polk advised the placing agent for the top-up placement of up to 110,000,000 shares in China Maple Leaf Educational Systems Limited for a total consideration of approximately HK$1 billion.
China Maple Leaf is incorporated in the Cayman Islands with its shares listed on The Stock Exchange of Hong Kong Limited. China Maple Leaf is principally engaged in the business of operating international schools in the PRC.
Watson Farley & Williams (“WFW“) advised Liacon GmbH (“Liacon”), a German company developing and producing high performance energy storage systems, on a €3m convertible bond issued in order to raise financing for their future development.
Addleshaw Goddard is advising Sheffield-based Sumo Group plc on its £145m IPO, which was announced today and will be effective on 21 December.
The deal is 100th company floatation of 2017 and breaks the century barrier for the London Stock Exchange for the first time in three years.
Vintage Engineering Public Company Limited (VTE: Bangkok) is a Thai-listed company with integrated businesses in power and utilities development across Thailand and internationally. The firm assisted with the issuance and allocation of 50,000,000 newly-issued ordinary shares to offer for sale in a private placement under the Securities and Exchange Act to Macquarie Bank Limited and the offering for sale of 141,604,288 newly-issued ordinary shares in a rights offering to the existing shareholders by means of a General Mandate in aggregate value of THB 333 million (US$9.5 million).
Slaughter and May, Hong Kong, advised Credit Suisse (Hong Kong) Limited, as manager, in relation to the HK$928.2 million secondary block trade of shares in Xiabuxiabu Catering Management (China) Holdings Co., Ltd. held by General Atlantic Singapore Fund Pte. Ltd. The block trade represents approximately 6.3% of the issued share capital of Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
Mayer Brown JSM acted as the legal adviser for Essence Corporate Finance (Hong Kong) Limited as Sole Sponsor in relation to China Futex Holdings Limited’s listing on Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange.
China Futex is engaged in the research and development, manufacturing and sales of both single and double circular knitting machines.
The Mayer Brown JSM team was led by Corporate & Securities partner Derek Tsang.
Advising Vobile Group Limited on its initial public offering and listing on Hong Kong Stock Exchange
The firm has advised Vobile Group Limited (Stock code: 3738) on its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. Simmons & Simmons acted as issuer's Hong Kong counsel to Vobile Group Limited. Silicon Valley-based Vobile Group is the leading provider of online video content protection services.
The Fieldfisher Energy – Oil and Gas team has recently acted as English legal advisers for client JSC KazMunaiGas Exploration Production ("KMG EP") in respect of US$1.95 billion tender offer launched by the company on 8 December 2017 for its GDRs and shares, valued at US$5.6bn. The team also advised on its proposed delisting from the Official List of the London Stock Exchange and the Kazakhstan Stock Exchange.