Baker & McKenzie acted as REIT trustee’s counsel for the initial public offering and listing of New Century Real Estate Investment Trust (“New Century REIT”) on 10 July 2013. New Century REIT, which will initially hold five premium hotels across regional central cities in China, is the first China hotel focused REIT to be listed on the Hong Kong Stock Exchange.
Tags: Baker McKenzie | Hong KongPaul Hastings Advises on the World’s First China-based Hotel REIT IPO
Paul Hastings, a leading global law firm, announced today that it represented Morgan Stanley Asia Limited, Standard Chartered Securities (Hong Kong) Limited, BOCI Asia Limited, BOCOM International Securities Limited, CCB International Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited and Haitong International Securities Company Limited as the underwriters in the US$87 million global offering and Hong Kong IPO of New Century Real Estate Investment Trust (“New Century REIT”).
Tags: Paul Hastings, LLP | Hong KongJones Day Welcomes Banking & Finance Partner Michelle Taylor in Hong Kong
The global law firm Jones Day has announced that Michelle Taylor and her team have joined the Firm’s Banking & Finance Practice. Formerly Asia Managing Partner and China Office Leader with Orrick, Michelle will be based in the Firm’s Hong Kong Office.
Tags: Jones Day | Hong KongBaker & McKenzie Advises Innolux on Its SEC-registered Sale of Shares in Himax
Baker & McKenzie recently acted as United States and Republic of China counsel to Innolux Corporation (“Innolux”), a Taiwan-listed TFT-LCD total solution manufacturer; and its subsidiary Leadtek Global Group Limited, on the sale of 25,399,753 American Depositary Shares (“ADSs”): representing 50,799,506 ordinary shares (which include ADSs sold pursuant to the exercise of the over-allotment option by the underwriters) of Himax Technologies, Inc. (“Himax”), a Nasdaq-listed fabless manufacturer of advanced display drivers and imaging solutions. The total proceeds of the offering was approximately US$133 million. The offer and sale was registered with the U.S. Securities and Exchange Commission.
Tags: Baker McKenzie | Hong KongWhite & Case Advises on the Slovak Republic’s First Samurai Bond Issue in More Than 15 Years
Global law firm White & Case LLP has acted as deal counsel on the Slovak Republic’s issue of two series of Samurai bonds, denominated in Japanese yen, which have raised JPY 30 billion (approximately US$305.4 million).
Tags: White & Case LLP | Hong KongDavis Polk – Unilever Acquires up to 75% of Hindustan Unilever
Davis Polk is advising Citigroup as financial adviser to Hindustan Unilever Limited in connection with the $5.4 billion open offer by Unilever PLC and Unilever NV for up to 75% of the shares in Hindustan Unilever Limited. The transaction is expected to close in July of 2013.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk – Himax Technologies, Inc. Secondary ADS Offering
Davis Polk advised Himax Technologies, Inc. (Himax) on an SEC-registered secondary offering by selling shareholder Innolux Corporation of 25,399,753 of American Depositary Shares (ADSs) representing 50,799,506 ordinary shares of Himax (including ADSs sold pursuant to the underwriters’ over-allotment option). The total proceeds of the offering were approximately $133.3 million. The ADSs are listed on the NASDAQ Global Select Market under the symbol “HIMX.” Citigroup Global Markets Inc. acted as global coordinator for the offering and Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Chardan Capital Markets, LLC and Credit Suisse Securities (USA) LLC acted as joint bookrunners for the offering. Oppenheimer & Co. Inc., Rosenblatt Securities Inc. and Craig-Hallum Capital Group LLC acted as co-managers of the offering.
Tags: Davis Polk & Wardwell LLP | Hong KongQuinn Emanuel Applies to Open Office in Hong Kong, with Addition of Leading International Arbitration Advocate
The firm is pleased to announce that it will open a Hong Kong office, subject to the firm obtaining appropriate regulatory approval. Pending this approval, John Rhie will be joining the firm as managing partner of the Hong Kong office and Chair of the firm’s Asian International Arbitration practice. Current firm partner Carey Ramos will be moving from New York City to join Mr. Rhie in Hong Kong as a senior partner, once the office obtains approval.
Tags: Quinn Emanuel Urquhart & Sullivan, LLP | Hong KongHogan Lovells Advises UBS and Standard Chartered Bank as Co-Financial Advisers on the US$1.63 Billion Dairy Acquisition
Hogan Lovells has advised UBS AG (“UBS”) as lead financial adviser and Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered Bank”) as joint financial adviser to China Mengniu Dairy Company (“Mengniu”) on its voluntary general offer for Hong Kong-listed Yashili International Holdings (“Yashili”), one of the largest domestic pediatric milk formula producers and retailers in China. The cash and share offer values Yashili at HK$12.64bn (US$1.63bn).
Tags: Hogan Lovells | Hong KongSimpson Thacher Represents Underwriters in the US$91.7 Million Registered Follow-on Offering of American Depositary Shares by Giant Interactive Group Inc.
The Hong Kong office of the Firm represented the underwriters in the US$91.7 million registered follow-on offering of 12,650,000 American Depositary Shares (“ADSs”) of Giant Interactive Group Inc. by the selling shareholder. Morgan Stanley acted as the sole global coordinator and bookrunner of the offering.
Tags: Simpson Thacher & Bartlett LLP | Hong Kong







