Appleby advises Kerry Logistics Network on Hong Kong Stock Exchange listing

Appleby has acted as Bermuda counsel for Kerry Logistics Network in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 19 December 2013, with gross proceeds of approximately HK$2.2bn (£173m).

Kerry Logistics will use majority of the net proceeds for funding capital expenditures in connection with future expansion and acquisition activities and part repayment of the loans from a fellow subsidiary and the remaining portion for working capital and general corporate purposes.

The Appleby team was led by Judy Lee, a corporate partner in the firm’s Hong Kong office, assisted by senior associate Chris Cheng.

Davis Polk & Wardwell advised the company as to Hong Kong and US law and Tian Yuan Law Firm advised the company as to PRC law. Deacons and Freshfields Bruckhaus Deringer advised the underwriters as to Hong Kong law and US law respectively, while Jia Yuan Law Offices advised the underwriters as to PRC law.

This information 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