With our expertise in providing financial advisory services, we have advised on more than 400 mergers and acquisitions, assets exchange and debt restructuring transactions, with deal size up to HK$4.5 billion. Some of our notable deals include:
| Year |
Company |
Our role |
Transaction |
| 2009 |
Midland IC&I Limited |
IFA |
- We advised the independent shareholders of the company in respect of the referral services paid by the company to the connected parties
- The annual cap amount of the continuing connected transactions were up to HK$60 million
|
| 2009 |
Guangdong Investment Limited |
FA |
- We advised the company in relation to the acquisition of certain companies from a connected person
- Total consideration of the acquisition was approximately HK$600 million
|
| 2009 |
Theme International Holdings Limited and High Fashion International Limited |
FA |
- We advised the offeree in relation to the unconditional mandatory general offer to sell all issued shares of the listed company
- Total consideration of the acquisitions was approximately HK$175 million
|
| 2009 |
Sewco International Holdings Limited |
FA |
- We advised the offeror in relation to the unconditional mandatory general offer to acquire all issued shares of the listed company
- Total consideration of the acquisitions was approximately HK$178 million
|
| 2009 |
Dah Sing Banking Group Ltd |
IFA |
- We advised the independent shareholders of the company in respect of the capitalization of loan from a connected person
- Total consideration of capitalization of loan was approximately HK$1 billion
|
| 2009 |
China Resources Land Ltd |
IFA |
- We advised the company in relation to the acquisition of certain companies from a connected person
- Total consideration of the acquisition was approximately HK$3.57 billion
|
| 2009 |
Siberian Mining Group Company Ltd |
FA |
- We advised the company in relation to the placing of shares
- Total consideration of the placing was approximately US$100 million
|
| 2009 |
Oriental Press Group Ltd |
IFA |
- We advised the independent shareholders of the company in respect of the voluntary conditional general cash offer by a private company and possible privitisation
- Total consideration of the general cash offer was approximately HK$2,278 million
|
| 2009 |
China Agri-Industries Holdings Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the acquisition of certain assets from a connected person
- Total consideration of the acquisition was approximately HK$593 million
|
| 2008 |
Huabao International Holdings Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the acquisition of a company from a connected person
- Total consideration of the acquisition was approximately HK$871 million
|
| 2008 |
China Resources Land Limited |
IFA |
- We advised the independent shareholders of the company in respect of (i) issue of 675,799,850 new shares at a price of HK$13.34 per share to a connected person and an acquisition of certain companies from a connected transaction
- Total consideration of the acquisition was approximately HK$9.2 billion
|
| 2008 |
Dah Sing Financial Holdings Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the issue of 8,461,376 new shares at a price of HK$55.75 per share to a connected person
- Total consideration of the acquisition was approximately HK$472 million
|
| 2008 |
China Agri-Industries Holdings Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the trading of raw materials and products between the group and the connected persons
- Total maximum annual cap amount of the continuing connected transactions were up to approximately HK$20.4 billion
|
| 2008 |
Karce International Holdings Ltd. |
FA |
- We advised the company in relation to the acquisition company which is engaged in production and distribution of LCos television
- Total consideration of the acquisitions was approximately HK$2.7 billion
|
| 2008 |
Rontex International Holdings Ltd. |
FA |
- We advised the company in relation to the acquisition of a company with a coal mining license in Russia
- Total consideration of the acquisitions was approximately HK$2.0 billion
|
| 2008 |
China National Materials Company Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the acquisition of a company from a connected person
- Total consideration of the acquisitions was approximately HK$440 million
|
| 2008 |
Goldbond Group Holdings Ltd. |
FA |
- We advised the offeror in relation to the unconditional mandatory general offer to acquire all issued shares of the listed company
- Total consideration of the acquisitions was approximately HK$405 million
|
| 2008 |
China Water Industry Group Ltd. |
FA |
- We advised the company in relation to the formation of a joint venture company for provision of water supply and related services in the PRC
- Total registered capital of the joint venture company was approximately RMB 82.4 million
|
| 2007 |
Huabao International Holdings Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the acquisition of a company from a connected person
- Total consideration of the acquisition was approximately HK$652 million
|
| 2007 |
Rising Development Holdings Ltd. |
FA |
- We advised the offeror in relation to the unconditional mandatory general offer to acquire all issued shares of the listed company
- Total consideration of the acquisitions was approximately HK$400 million
|
| 2007 |
Yunnan Enterprises Holdings Ltd. |
FA |
- We advised the company in relation to the acquisition of a property development project company, application of whitewash waiver and increase in authorized share capital
- Total consideration of the acquisitions was approximately HK$167 million
|
| 2007 |
International Entertainment Corporation |
FA |
- We sponsored the company in relation to the acquisition of hotels with casino facilities in Manila and Macau which was treated as a reverse takeover and deemed new listing application
- Total consideration of the acquisition was approximately HK$1.2 billion
|
| 2007 |
Zhaojin Industry Mining Company Ltd. |
FA |
- We advised the company in relation to the acquisition of several mines in the PRC
- Total consideration of these acquisitions were approximately HK$159 million
|
| 2007 |
Mongolia Energy Corporation Ltd. |
IFA |
- We advised the company in relation to the purchase of the coal mine located in western Mongolia and the mining assets at the consideration of approximately HK$1.2 billion
|
| 2007 |
TCL Multimedia Technology Holdings Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of a whitewash waiver
- The Company proposed to raise not more than approximately HK$807.6 million by way of a rights issue of more than 2,019,010,863 rights shares at a price of HK$0.4 per rights share on the basis of one rights share for every two existing shares
|
| 2007 |
Sinotrans Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the provision of certain freight and logistics services between the company and the connected parties·
- The annual cap amount of the continuing connected transactions were up to RMB230 million
|
| 2007 |
Skyfame Realty (Holdings) Ltd. |
FA |
- We advised the company in respect of its acquisition of the property development project, namely The Westin, Guangzhou
- Total consideration of the acquisition was approximately HK$886 million
|
| 2007 |
Aluminum Corporation of China Ltd. |
IFA |
- We advised the independent shareholders of the company in respect of the provision of certain services and supplies between the company and its parent group
- The annual cap amount of the continuing connected transactions were up to RMB7 billion
|
| 2007 |
The Sun's Group Ltd. |
FA |
- We advised the company in relation to its restructuring. The restructuring proposal of the company involved the capital reorganisation, the debt restructuring, the subscription and the placing
- The restructuring proposal was successfully completed and as a result, the trading of the company's shares was resumed
|
| 2007 |
New World Mobile Holdings Ltd. |
FA |
- We advised an offeror in relation to (i) the disposal of the interest in the mobile telephone business held by CSL New World Mobility Limited from the company to its holding company; (ii) the acquisition of shares of the company by the offeror; and (iii) making of a general offer by the offeror to acquire all the issued shares of the Company
- The consideration of the disposal was approximately HK$2.5 billion
|
| 2007 |
Yugang International Ltd. |
IFA |
- We advised the company and Qualipak International Holdings Limited ("Qualipak") in relation to the acquisition by Qualipak of certain properties and buildings in Chongqing of the PRC and placing of new shares by Qualipak·
- The consideration of the Acquisition was approximately HK$3.3 billion
|
| 2006 |
China Yurun Food Group Ltd. |
IFA |
- We advised the independent shareholders in respect of a discloseable and connected transaction relating to the acquisitions of the entire equity interest in six predecessor entities·
- Total funds related to the transaction amounted to approx. HK$189 million
|
| 2006 |
Freeman Corporation Ltd. |
FA |
- We advised the company in relation to the placing of convertible notes·
- Principal amount of the placing of convertible notes is approx. HK$300 million
|
| 2006 |
Star Cruises |
IFA |
- We advised the independent shareholders in respect of the rights issue of 1,484,084,647 rights shares at US$0.1 per rights share in the proportion of 7 rights share for every 25 shares
|
| 2006 |
Poly (Hong Kong)Investments Ltd. |
FA |
- We advised the company in relation to the rights issue of 448,464,600 rights shares at HK$1.35 per rights share in the proportion of one rights share for every two shares
- The total funds raised from the rights issue amounted to approx. HK$605 million before expenses
|
| 2006 |
Dah Sing Banking Group Ltd. |
IFA |
- We advised the independent shareholders in respect of a discloseable and connected transaction relating to the disposal of the company's interests in Companhia de Seguros de Macau, S.A. and Companhia de Seguros de Macau Vida, S.A. to its parent company
- The consideration involved amounted to approx. HK$290 million
|
| 2006 |
Y. T. Realty Group Ltd. |
FA |
- We advised the company in relation to a very substantial acquisition by the exercising of the option to acquire further interests in The Cross-Harbour (Holdings) Ltd. and the resulting conditional mandatory general offer to acquire all the issued share capital of The Cross-Harbour (Holdings) Ltd.
- The maximum consideration amounted to approx. HK$939 million
|
| 2006 |
Chun Wo Holdings Ltd. |
FA |
- We advised GT Winners Ltd., the controlling shareholder of the company, in relation to conditional voluntary cash offers to acquire all the issued share capital of the company
- The total consideration involved amounted to approx. HK$394 million
|
| 2006 |
Asia Orient Holdings Ltd. |
FA |
- We advised the company in relation to the rights issue of 127,278,986 rights shares at HK$1.3 per rights share in the proportion of one rights share for every two shares and the application for whitewash waiver
- The total funds raised from the rights issue amounted to approx. HK$165 million before expenses
|
| 2006 |
Yanzhou Coal Mining Co. Ltd. |
IFA |
- We advised the independent shareholders on certain ongoing connected transactions between the company and its controlling shareholder
- The transactions' combined annual cap amounted to a maximum of RMB3,250 million
|
| 2005 |
New World Mobile Holdings Ltd. |
FA |
- We acted as the joint financial adviser to the company in relation to the merger of the mobile telecommunications businesses of Hong Kong CSL Ltd. and New World PCS Ltd.
- Upon completion, New World PCS Holdings Ltd. ceased to be a subsidiary of the company and the company was interested in 23.6% of the enlarged share capital of Telstra CSL Ltd. which provided synergies
- Under the merger agreement, Telstra CSL Ltd. issued new shares and alloted 23.6% of the enlarged share capital of Telstra CSL Ltd. to a subsidiary of the company in exchange for the transfer of all of the company's interests in New World PCS Holdings Ltd. to Telstra CSL Ltd. and a cash payment of approx. HK$244 million by the company to Telstra CSL Ltd.
|
| 2005 |
Guangdong Tannery Ltd. |
IFA |
- We advised the independent shareholders on the proposed privatisation of the company by way of a scheme of arrangement and the related conditional cash offer for the outstanding share options
- Upon successful execution, the company will become a wholly-owned subsidiary of GDH Ltd.
|
| 2005 |
Beijing Beida Jade Bird Universal Sci-Tech Co. Ltd. |
FA |
- We assisted the company in its major and connected transaction involving the acquisition of Beijing Chengjian Donghua Real Estate Development Ltd., which is interested in one of the large-scale construction projects relating to the 2008 Beijing Olympic Games
- The consideration amounted to approx. RMB314 million
|
| 2005 |
Tong Ren Tang Technology Co. Ltd. |
IFA |
- We advised the independent shareholders on certain ongoing connected transactions between the company and its ultimate holding company, China Beijing Tong Ren Tang Group Co. Ltd.
- The transactions' combined annual cap amounted to RMB448 million
|
| 2004 |
Shenzhen Expressway Co. Ltd. |
IFA |
- We advised the independent shareholders on the company's acquisition of an interest in a national trunk road in the PRC from one of its promoters
- The consideration amounted to approx. RMB180 million
|
| 2004 |
Power Jade Capital Ltd. |
FA |
- We advised the company, being the controlling shareholder of The Kwong Sang Hong International Ltd., in relation to the privatization of Kwong Sang Hong by way of scheme of arrangement
- The valuation of Kwong Sang Hong amounted to approx. HK$1.2 billion
|
| 2004 |
International Entertainment Inc. |
FA |
- We acted on behalf of Chow Taifook Enterprises Ltd. in its acquisition of the company by an unconditional general offer
- We then assisted the company in its very substantial acquisition and connected transaction involving the acquisition of M8 Entertainment Inc., a Toronto listed company
- The consideration involved in the M8 acquisition amounted to approx. US$12 million
|
| 2004 |
SNP Leefung Holdings Ltd. |
FA |
- We sponsored the company in its very substantial acquisition treated as reverse takeover and an application for new listing involving the acquisition of SNP Excel United Company Ltd. and SNP SPrint (Thailand) Co., Ltd.
- The total consideration involved amounted to S$88 million
|
| 2004 |
Beijing Capital Land Ltd. |
IFA |
- We advised the independent shareholders on the formation of a PRC joint venture by the company and one of its associates
- The total investment of the joint venture amounted to US$90 million
|
| 2004 |
Macau Success Ltd. |
FA |
- We advised a group of investors to obtain the controlling interest in the company and to turn it from a traditional construction and civil engineering company to a company engaged in hotel, gaming and tourists related business
- We assisted the company in its acquisition of an interest in a cruise ship at a consideration of approx. US$12 million and an interest in a theme park construction project in Macau at a consideration of over HK$100 million
- We also advised the company in changing its domicile from Hong Kong to Bermuda by way of a scheme of arrangement
|
| 2004 |
Asia Logistics Technologies Ltd. |
FA |
- We advised the company in relation to a reverse takeover of it by New World Development through injection of New World PCS Holdings Ltd. The deal also involved the distribution in specie of the company's interest in New World CyberBase Ltd. and related capital reorganization
- The valuation of the asset injected to the company amounted to approx. HK$2.5 billion
|
| 2004 |
Giordano International Ltd. |
IFA |
- We advised the independent shareholders on the company's ongoing connected transactions in respect of certain manufacturing licence agreements
- The transactions involved an annual cap ofHK$363 million
|
| 2003 |
Chow Taifook Enterprises Ltd. |
FA |
- We assisted the company in the group reorganisation of Asean Resources Holdings Ltd.
- The reorganisation involved two businesses with combined net asset value at approx. HK$3.3 billion.
- Upon completion of the reorganisation, Asean was able to separate its two major businesses, with one business retained in Asean (which was in turn acquired by a new controlling shareholder through an unconditional mandatory cash offer), while the other distributed to Asean's old controlling shareholders through an unconditional voluntary cash offer
|
| 2003 |
Wai Yuen Tong Medicine Holdings Ltd. |
FA |
- We assisted the company in its acquisition of Wai Yuen Tong Medicine Co. Ltd. and its application for the whitewash waiver
- The consideration involved amounted to approx. HK$220 million
|
| 2003 |
Wing On Travel (Holdings) Ltd. |
FA |
- We assisted the company in the group reorganisation of its beneficially owned Rosedale Hotel Group Ltd.
- The reorganisation involved two businesses with combined net tangible asset value at approx. HK$800 million
- Upon completion, the two distinct businesses of Rosedale were separated, with one business retained in Rosedale (which was in turn acquired by a new controlling shareholder through a conditional mandatory cash offer), while the other was distributed to Rosedale's old controlling shareholders through an unconditional voluntary cash offer
|
| 2002 |
Jingwei Textile Machinery Co. Ltd. |
FA |
- We assisted the company in its asset exchange with its parent company
- The exchanged assets were valued at more than RMB200 million
|
| 2002 |
Jusco Stores (Hong Kong) Co. Ltd. |
IFA |
- We advised the independent shareholders on certain ongoing connected transactions between the company and one of its fellow subsidiaries, Aeon Credit Service (Asia) Co. Ltd., also a Hong Kong listed company
|
| 2001 |
Beijing Beida Jade Bird Universal Sci-Tech Co. Ltd. |
FA |
- We assisted the company in its investment in Semiconductor Manufacturing Int'l Corp
- The consideration amounted to US$60 million
- Upon subsequent listing of Semiconductor, the company made a substantial profit on disposal
|
| 2001 |
China Overseas Land & Investment Ltd. |
IFA |
- We advised the independent shareholders on a connected transaction involving the company's disposal of its interest in Ryoden Development Ltd. (also a Hong Kong listed company)
- The consideration involved amounted to approx. HK$340 million
|
| 2000 |
Dah Sing Financial Holdings Ltd. |
IFA |
- We advised the independent shareholders in the company's acquisition of D.A.H. Private Bank Ltd
- The consideration of the acquisition amounted to approx. HK$375 million
|
| 2000 |
New World Infrastructure Ltd. |
FA |
- We assisted the company in its injection of port-related investments to Pacific Ports Co. Ltd.
- A reverse takeover, the consideration involved amounted to more than HK$4.5 billion
- Upon completion, the company became the controlling shareholder of Pacific Ports, while Pacific Ports became the flagship operating arm of the company for its port-related business
|
| 2000 |
Tianjin Bohai Chemical Industry (Group) Co. Ltd. |
IFA |
- We advised the independent shareholders in the company's asset exchange with its parent company, Tianjin Municipal Investment Co. Ltd
- A very substantial acquisition and connected transaction, the exchanged assets were valued at more than RMB2.6 billion
|
| 1999 |
New World Development Co., Ltd. |
FA |
- We assisted the company in its injection of telecommunication assets into Paul Y. Properties Group Ltd., later known as New World CyberBase Ltd.
- The total consideration involved amounted to approx. HK$600 million
- Upon completion, the company acquired a flagship listed vehicle for its technology business
|
| 1997 |
COSCO (H.K.) Property Development Ltd. |
FA |
- We assisted the company in its unconditional cash offer to acquire Shun Shing Holdings Ltd.
- The total consideration involved amounted to approx. HK$480 million
- Upon completion, Shun Shing became the flagship listed vehicle of the company for its property business
|