Norton Rose Fulbright has advised SMIT Holdings Limited on its global offering and initial public offering on the Main Board of the Hong Kong Stock Exchange, which are expected to raise up to HK$291 million.

SMIT Holdings is a venture capital backed technology company and a leading security devices provider for pay TV broadcasting access worldwide and for mobile point-of-sale payment systems in China. The company is headquartered in Hong Kong, with offices in Shenzhen, China and Munich, Germany.

Haitong International Capital Limited acted as the sole sponsor and Haitong International Securities Company Limited acted as the sole global coordinator, sole bookrunner and lead manager for the IPO.

The Norton Rose Fulbright team was led by Hong Kong-based partners Psyche Tai and Allan Yee with assistance from Aldo Chan, Grace Lo, Patrick Wong and Tracy Ding.