The Hong Kong office of the Firm represented the underwriters, led by Citibank Global Markets Limited and DBS Bank Limited, in the offering of US$300 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Pegatron Corporation (“Pegatron”).

Morrison & Foerster is pleased to announce that Melody He-Chen, a leading corporate lawyer with broad experience in capital markets, securities regulation and corporate finance, has joined the firm’s Hong Kong office as a partner in the Corporate Group. Ms. He-Chen has an extensive background representing investment banks and Chinese, American, and international companies from a wide variety of industries in an array of transactional capacities, including public offerings, private placements, debt offerings, private equity, mergers & acquisitions, cross-border joint ventures and financings. She also advises on corporate governance and compliance matters. Her addition, coupled with the recent promotion of Gregory Wang to partner in Hong Kong, adds depth to the firm’s robust capital markets expertise.

International law firm Freshfields Bruckhaus Deringer has advised Yum! Brands Inc., a U.S.-based fast food company and owner of KFC, Pizza Hut and Taco Bell chains, on its US$570 million acquisition of Little Sheep Group Ltd., a Hong Kong-listed, Mongolian hot-pot restaurant operator. The privatization scheme was approved by shareholders in January and the scheme became effective on 1 February having been sanctioned by the Grand Court in Cayman Islands.

Herbert Smith’s China energy team has advised Sinopec International Petroleum Exploration & Production Corporation (“SIPC”) on the subscription through its subsidiary for additional shares in Australia Pacific LNG Pty Ltd for a net consideration of approximately US$1.1 billion, which on completion will raise Sinopec’s ownership interest from 15% to 25%. ConocoPhillips’ and Origin Energy’s respective ownership interests will be reduced to 37.5%.

International law firm Freshfields Bruckhaus Deringer has advised Shui On Land Limited, a Hong Kong-listed leading property developer, on its international offering of S$250million in Singapore Dollar-denominated notes to institutional investors in Asia. The notes are issued by Shui On Development (Singapore) Pte. Ltd., an indirect wholly owned subsidiary of Shui On Land Limited.

International legal practice Norton Rose Group is advising The Hongkong and Shanghai Banking Corporation Limited (HSBC) on the sale of its retail banking and wealth management business in Thailand to Bank of Ayudhya Public Company Limited (BAY).

Davis Polk advised CITIC Securities Corporate Finance (HK) Limited (CITIC) on the $473.2 million rights offering of China Communications Services Corporation Limited. The rights offering consisted of a public offering of H shares (shares listed on the Hong Kong Stock Exchange) and a public offering of domestic shares (unlisted shares) in the PRC. CITIC was the sole bookrunner and underwriter of the rights offering.

International law firm Freshfields Bruckhaus Deringer has advised the joint sponsors on the spin-off and listing by way of introduction of Swire Properties Limited on the Main Board of the Hong Kong Stock Exchange.

Fried, Frank, Harris, Shriver & Jacobson LLP announced today the continued expansion of its Hong Kong Corporate practice with the addition of Carolyn Sng, who joins the Firm as a partner. Ms. Sng’s practice is primarily focused on complex capital markets, mergers and acquisitions, restructuring, corporate finance and private equity transactions. She specializes in high-profile global offerings and debt capital markets transactions. Ms. Sng joins Fried Frank from Herbert Smith, where she was a partner.