Norton Rose Fulbright has advised Top Spring International Holdings Limited on its US$115 million acquisition of an 85% equity interest in Shanghai Huanjian Investment Company Limited and a 0.85% equity interest in Shanghai Huantang Cultural Communication Company Limited.
Top Spring International Holdings Limited is a real estate property developer in China and is listed on the Main Board of the Hong Kong Stock Exchange.
Shanghai Huanjian Investment Company owns a 99% equity interest in Shanghai Huantang Cultural Communication Company, which owns land in Pudong New District, Shanghai.
Terence Lau, partner, Norton Rose Fulbright commented
“We are pleased to have been able to advise Top Spring International Holdings on this acquisition which will facilitate further expansion of their business in the PRC.”
The Norton Rose Fulbright team was led by Hong Kong corporate and equity capital markets partner, Terence Lau, with assistance from senior associate Priscilla Lee and associate Michelle Tsang.