Appleby advises China Wood on Hong Kong Stock Exchange listing

Appleby has acted as Cayman counsel for China Wood Optimization (Holding) in relation to its listing on the Growth Enterprise Market of the Hong Kong Stock Exchange by way of placing on 6 January 2014, with net proceeds of approximately HKD210m (£17m).

China Wood will use the majority of the net proceeds from the offering for the enhancement of production capacities through the acquisition of advanced equipment and the repayment of loans, as well as strengthening research and development capacities for new products. The remaining proceeds will be used for the expansion of sales networks, working capital and other general corporate purposes.

The Appleby team was led by Judy Lee, a corporate partner in Appleby’s Hong Kong office, assisted by senior associate Chris Cheng. PC Woo & Co advised the company as to Hong Kong law and Commerce & Finance Law Offices advised the company as to PRC law, while Chiu & Partners advised the underwriters as to Hong Kong law and Jingtian & Gongcheng advised the underwriters as to PRC law.

This material was originally sourced from the Appleby website.

  • Print

Briefings from Appleby

  • Incorporating your business has many advantages

    Incorporation describes the process of forming a new legal entity (a company) that is recognised at law as a separate legal person.

  • Wealth Structuring 20:20 2014

    This feature publication aims to tap into the issues facing high-net-worth individuals around the globe, and investigate the themes and challenges affecting this elite group.

View more briefings from Appleby

Analysis from The Lawyer

  • /v/a/c/offshore.jpg

    Distant shores

    The past quarter has been busy for the offshore sector as firms have looked to capitalise on globalisation, while workflow has remained high

  • /b/s/t/Isle_of_Man_.jpg

    Offshore: Isle of Man - Go Man, go

    Business is booming in the Isle of Man, a small jurisdiction that thinks big

View more analysis from The Lawyer


1st Floor
3 Copthall Avenue

Total staff: 528
Partners: 64