Hogan Lovells advises on sale of shares in Tongda Group Holdings
Hogan Lovells has advised Macquarie Capital Securities and Standard Chartered Securities (Hong Kong) as bookrunners and placing agents on the sale of 600 million existing shares in Tongda Group Holdings by Landmark Worldwide Holdings and the subscription of the same number of new shares by Landmark Worldwide, raising approximately HKD672m (£52m).
Landmark Worldwide is Tongda’s controlling shareholder.
Tongda Group Holdings, a company listed on the Hong Kong Stock Exchange, is a supplier of high-precision components of consumer electronic products.
The Hogan Lovells team advising Macquarie and Standard Chartered on the transaction was led by Hong Kong partner Terence Lau and supported by partner Thomas Tarala and associate Don Chan.
News from Hogan Lovells
News from The Lawyer
Briefings from Hogan Lovells
The decision of the US Court of Appeals has raised questions about how issuers should present their disclosures on conflict minerals under Exchange Act Rule 13p-1 and Form SD.
An interesting judgment was delivered by the Honourable J Majiki on 19 November 2013 in the Eastern Cape High Court, Port Elizabeth.
Analysis from The Lawyer
As international firms question their future in these small, closely linked markets, local lawyers too are eyeing the business environment with caution
Beyond the headline infrastructure projects, UK construction work is still recovering from the clobbering it took during the slump