Updated: Dec 17, 2019
Advised Ample Capital Limited as sole sponsor on the share offer and the listing of Accel Group Holdings Limited (stock code: 1283) (Accel Group) on the Main Board of the Hong Kong Stock Exchange. Accel Group raised approximately HK$146 million.
Accel Group is principally involved in the provision of electrical and mechanical engineering services.
Dealing in the shares of Accel Group on the Main Board of Hong Kong Stock Exchange commenced on 18 October 2019.
Advised Zijin Mining Group Co. Ltd. (stock code: 2899) (Zijin), as Hong Kong counsel, on a proposed public issuance of not more than 3,400,000,000 A shares, for a gross proceeds of up to RMB8 billion. The China Securities Regulatory Commission has approved the A-shares issuance on 29 August 2019.
Zijin is a China-based company principally engaged in the exploration, mining, smelting and sales of gold and other metal minerals.
Advised Shengli Oil & Gas Pipe Holdings Limited (stock code: 1080) (Shengli Oil) on the disposal of 45% of the issued share capital of Shanghai Guoxin Industrial Company Ltd, a company principally engages in the business of selling chemical feedstock and products, mineral products, petroleum products, fuel products, coal, charcoal, nonferrous materials, metal materials, to an independent third party Shenzhen Zhongcheng NEEQ Investment Corporation LLP, for a consideration of RMB200 million. The transaction constituted a major transaction under Chapter 14 of the Hong Kong Listing Rules.
Shengli Oil is a China-based investment holding company principally engaged in oil and gas pipeline business.
