Mayer Brown JSM Advised Swire Resources on JV with Columbia Sportswear in China

Mayer Brown JSM advised Swire Resources Ltd. on the formation of a multi-million retail joint venture in China with Columbia Sportswear Co. The formation of the joint venture is the culmination of the long-standing relationship between Swire Resources Ltd. and Columbia Sportswear Co. Swire Resources Ltd., a subsidiary of Hong Kong–based conglomerate Swire Pacific Ltd., has been the exclusive independent distributor of Columbia and Mountain Hardwear–branded products in China and Hong Kong since 2004.

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Tags:  Mayer Brown LLP | Hong Kong

Herbert Smith Advises CNOOC on Its 25% Participating Interest in Shell’s Offshore Exploration Blocks in Gabon

Herbert Smith has recently advised China National Offshore Oil Corporation (“CNOOC”) on its acquisition of a 25% participating interest of Shell’s offshore exploration blocks BC9 and BCD10 in Gabon (“Transaction”), Africa. CNOOC will reimburse Shell for 25% of certain part of the exploration costs and carry part of the future exploration costs. Shell will remain operator with a 75% participating interest. The Transaction was announced on 25 July 2012 and is subject to government approval.

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Tags:  Herbert Smith Freehills Kramer LLP | Hong Kong

Akin Gump Advises Roth Capital in Relation to Merger Agreement for Yucheng Technologies

A team of Akin Gump Strauss Hauer & Feld LLP attorneys has been retained by Roth Capital Partners LLC, as financial adviser to the independent committee of Yucheng Technologies (Nasdaq: YETC), in relation to its proposed merger agreement with New Sihitech Limited, a British Virgin Islands company wholly owned by Mr. Weidong Hong, Yucheng Technologies’ chairman and CEO, and New Sihitech Acquisition Limited, a British Virgin Islands company wholly owned by New Sihitech Limited.

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Tags:  Akin Gump Strauss Hauer & Feld LLP | Hong Kong

Simpson Thacher Represents J.P. Morgan in Offering of US$254.4 Million Principal Amount of Zero Coupon Convertible Bonds by Cathay Financial Holding Co., Ltd.

The Hong Kong office of the Firm represented J.P. Morgan in the offering of US$254.4 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Cathay Financial Holding Co., Ltd. (“Cathay”). Cathay is the largest financial holding company in Taiwan. The common shares of Cathay are traded on the Taiwan Stock Exchange under the trading code “2882”. The Bonds are listed on the Singapore Stock Exchange.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Simpson Thacher Representing Focus Media in Proposed Going Private Transaction

The Firm is representing Focus Media Holding Limited (“Focus Media”) in connection with a proposal by a consortium for a going private transaction valued at approximately $3.5 billion. The consortium includes Mr. Jason Nanchun Jiang, Chairman of the Board and Chief Executive Officer of Focus Media, and his affiliates, FountainVest Partners, The Carlyle Group L.P., CITIC Capital Partners, CDH Investments and China Everbright Ltd. The consortium intends to finance the proposed transaction with a combination of debt and equity capital.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong