DLA Piper has advised Guotai Junan International, the sole sponsor and sole global coordinator, for Yan Tat Group Holdings Limited ("Yan Tat Group") on the company's HK$75 million IPO on The Stock Exchange of Hong Kong Limited ("the listing"). The public tranche offering of the listing was 34 times oversubscribed and the offer price was fixed at the upper end of the price range at HK$1.23 per share. The IPO process was completed in eight months, having commenced in April this year.
Yan Tat Group is an OEM provider of printed circuit boards (PCBs), principally engaged in the production of quality PCBs in Shenzhen, China. For this IPO, we acted for Guotai Junan International, the sole sponsor and sole global coordinator. The Company's lawyer was Li & Partners and the reporting accountant was EY.
The team on this deal was led by Mike Suen (Partner, Hong Kong) and supported by Simei Huang (Legal Officer, Hong Kong) and Amy Kong (Associate, Hong Kong).