Slaughter and May, Hong Kong, is advising Jefferies Hong Kong Limited and J.P. Morgan Securities (Asia Pacific) Limited, acting as joint bookrunners, in relation to CSI Properties Limited's top-up placing of shares, which involves the placing of existing shares and top-up subscription of new shares (the Shares) for a total consideration of HK$455 million (approximately US$58 million).

CSI Properties Limited intends to use the proceeds of the Shares for future property investment primarily in Hong Kong and Macau and for general working capital purposes.

CSI Properties Limited is an investment holding company and is principally engaged in property repositioning and investment. Its subsidiaries are principally engaged in property enhancement and development, property investment, and securities investment in Hong Kong and the PRC.

CONTACTS

Corporate and Commercial: Benita Yu (partner), John Moore (partner), Clara Choi (partner), Qian Hu (associate), Jacky Man (associate).