Conyers advises China Metal Resources Utilization on $90m IPO on SEHK
Conyers Dill & Pearman has advised China Metal Resources Utilization on the $90m (£54m) listing of shares on the Hong Kong Stock Exchange.
The company is the successor to Gushan Environmental Energy, a Cayman incorporated company for which Conyers has acted since its incorporation in 2006.
Gushan was listed on the New York Stock Exchange (NYSE) in 2008, was privatised by way of merger under the Cayman merger regime in 2012 and, following the distribution of the assets held by Gushan to the company, was successfully listed on the Hong Kong Stock Exchange in 2014.
Conyers understands that this is the first successful re-listing on the Hong Kong Stock Exchange of assets of a company formerly listed on the NYSE and privatised by way of merger under the Cayman merger regime.
Richard Hall of Conyers’ Hong Kong office advised on the matter, working alongside Herbert Smith Freehills, Chen & Co Law Firm, Skadden, Arps, Slate, Meagher & Flom and Haiwen & Partners.
News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
The Trusts (Special Provisions) Amendment Act 2014 provides certainty regarding how far settlors can go without calling the validity of the trust structure into question.
This memorandum has been prepared for the assistance of those who are considering registration of a foreign limited partnership in the Cayman Islands.