Jeckle Chiu

• The joint venture of Hong Kong developer Wang On Properties and New York-based Angelo, Gordon & Co on its acquisition of Pentahotel Hong Kong at a consideration of HK$2 billion, making it the largest hotel deal in the city since the Covid-19 pandemic.
• A leading retailer in Hong Kong (through a wholly-owned subsidiary) on the acquisition of a Japanese eyewear company in Singapore for expanding its eyewear retail business to Singapore.
• A privately-held business entity headquartered in Hong Kong with a rich history in trading and supply chain management (through a wholly-owned subsidiary) on the disposal of certain units of an industrial building in Hong Kong.
• A Hong Kong-listed company on its acquisition of all the remaining interest in a Singapore-based market-leading provider of integrated automotive and financing solutions with an agreed enterprise value of more than HK$1.7 billion.
• The manager of a Hong Kong-listed real estate investment trust on its acquisition of a strategic logistics centre in Changsha, China for approximately US$75 million.
• A top-tier airline on an engine overhaul agreement with a major engine manufacturer for the servicing and maintenance of the airline’s GE90 engines.
• Link REIT, Asia’s largest real estate investment trust, on its acquisition of the office building at 25 Cabot Square (The Cabot) in Canary Wharf, London from HGR Liquidating Trust (formerly Hines Global REIT) for £380 million. It is the largest single asset UK office building deal for 2020 to date, and is Link REIT’s first acquisition in the UK.
• An Asian sovereign wealth fund on its acquisition of a Hong Kong holding company of prominent office towers located in the central business district of a major Asian city from an Asian multinational conglomerate.
• Leading financial institutions on the making of a voluntary conditional cash offer to acquire the entire issued share capital of a leading outdoor advertisement agency in China listed on the Hong Kong Stock Exchange, and to cancel all its outstanding options, with an aggregate offer value of approximately HK$3.8 billion.
• A leading motor dealer and distributor listed on the Hong Kong Stock Exchange on privatisation of its subsidiary which is a leading motor dealer and distributor listed on the Hong Kong Stock Exchange by way of a scheme of arrangement. The proposal values the entire issued share capital of the subsidiary at approximately HK$6.9 billion.
• Tsingtao Brewery, one of China’s oldest and largest beer companies, on a stake sale by the Japanese brewer, Asahi.
• Shui On Land on its disposal to Vanke of a 79.2% interest in a branded commercial complex development in China, known as Chongqing Tiandi with an aboveground gross floor area of more than 1.2 million square metres, for an initial consideration of RMB 4.1 billion.
• Guangdong Holdings Limited (GDH) on its reorganisation by way of injection of its entire stake in Guangdong Land Holdings Limited into Guangdong Investment Limited, for a combined cash-and-stock consideration of RMB 3.36 billion.
• Dah Chong Hong on its acquisition of 100% of Li & Fung’s Asia consumer and healthcare distribution business.
• CITIC Telecom international Holdings Limited on its acquisition of a 79% interest in Companhia de Telecomunicacoes de Macau, S.A.R.L. CITIC Telecom is listed on the Hong Kong Stock Exchange.
• Beijing Automotive Industry Holding Co Ltd (BAIC) on an asset deal with Saab in which BAIC acquired certain intellectual property rights, technology and equipment related to Saab’s 9-3 and 9-5 platforms.
• AkzoNobel on its HK$1.56 billion pre-conditional cash offer for coatings manufacturer Schramm Holding AG on the Hong Kong Stock Exchange. Schramm was the first company incorporated in Germany to list in Hong Kong.
• China State Construction International Holdings Limited on its cash offer for Far East Global Group Limited on the Hong Kong Stock Exchange.
• Convenience Retail Asia Limited on its exchangeable offer for Saint Honore Holdings Limited on the Hong Kong Stock Exchange.
• Nam Tai Electronics, Inc. on its proposed privatisation offer for J.I.C. Technology Company Limited (“JIC”) on the Hong Kong Stock Exchange and its subsequent sale of stake to a third party.
• Nam Tai Electronics, Inc. on its proposed privatisation offer for NTEEP on the Hong Kong Stock Exchange.
• Tsingtao Brewery on its strategic investment agreement with Anheuser-Busch, one of the world’s largest brewers, involving a whitewashed transaction on the Hong Kong Stock Exchange.
• CITIC Pacific Limited on the realignment of the shareholding structures in Cathay Pacific Airways, Dragonair and Air China which creates one of the world’s strongest airline groupings. This is one of the most significant M&A in the aviation industry in Asia.

Equity: IPOs, Listings and Other Follow-ons

Advised:

• The designated dealers on the Hong Kong homecoming listing by introduction on the HKEX of US-listco, OneConnect Group.
• China Overseas Property Holdings Limited on its listing by way of introduction on the Main Board of the Hong Kong Stock Exchange.
• CITIC Telecom International Holdings Limited on its US$230.9 million (HK$1.8 billion) rights issue.
• Glorious Sun Enterprises Limited on its approximately US$59 million one-for-two rights issue.
• Dah Chong Hong Holdings Limited on its Main Board listing on the Hong Kong Stock Exchange.
• CITIC Telecom on its Main Board listing on the Hong Kong Stock Exchange.
• HSBC as the global coordinator and sponsor on the Main Board listing of The United Laboratories International Holdings Limited on the Hong Kong Stock Exchange.
• China State Construction International Holdings Limited on its listing by way of introduction on the Main Board of the Hong Kong Stock Exchange.
• Convenience Retail Asia Limited on its application for a transfer of listing from the Growth Enterprise Market to the Main Board of the Hong Kong Stock Exchange.
• Huabao International Holdings Limited on its top-up placement on the Hong Kong Stock Exchange, raising HK$2.16 billion.
• The Global Markets team of a leading global bank on transaction document preparation, including placing and subscription agreement, and Listing Rules implication in relation to the placing of the existing shares of MeiDong sold by the seller and followed by a top-up subscription of the new shares of MeiDong by the seller.
• AK Medical Holdings Limited on its placing and top-up of shares, raising approximately HK$803 million.
• Ximalaya Limited, the controlling shareholder of AK Medical Holdings Limited, on its place down of old shares, raising approximately HK$631 million.
• Li & Fung Limited on its placing and top-up on the Hong Kong Stock Exchange.
• Hang Lung Properties Limited on its HK$10.9 billion placing and top-up on the Hong Kong Stock Exchange.
• China State Construction International Holdings Limited on its HK$2.2 billion placing and top-up on the Hong Kong Stock Exchange.
• China State Construction International Holdings Limited on its one-for-five rights issue on the Hong Kong Stock Exchange.

Debt: Convertibles, Exchangeables, Dim-sums

Advised:

• Beijing Enterprises Holdings Limited on the issuance of US$300 million 2.000% bonds due 2026 and US$400 million 3.125% bonds due 2031 by Talent Yield International Limited.
• Ganzhou Hengzhi Co., Limited and Ganzhou Jiankong Investment Holding Group Co., Ltd. as the issuer and the guarantor on the issuance of US$270 million 3.40% bonds due 2024.
• China Overseas Finance (Cayman) VIII Limited and China Overseas Land & Investment Limited as the issuer and the guarantor on the issuance of US$300 million 2.375% bonds due 2025, US$500 million 2.750% bonds due 2030, and US$200 million 3.125% bonds due 2035 under the issuer’s US$2.5 billion MTN programme.
• BPHL Capital Management Limited, Beijing Properties (Holdings) Limited, and Beijing Enterprises Group Company Limited as the issuer, the guarantor, and the company on the issuance of US$150 million 5.95% guaranteed bonds due 2023 (to be consolidated and form a single series with the US$600 million 5.95% guaranteed bonds due 2023).
• Nimble City Limited, a BVI incorporated issuer and wholly-owned by Beijing Properties (Holdings) Limited, on its offering of US$250 million 9.0% Guaranteed Bonds due 2020.
• Beijing Enterprises Holdings Limited on the issuance of EUR 800 million 1.30% guaranteed bonds due 2022 by Talent Yield European Limited.
• Jiayuan International Group Limited on the issuance of US$100 million 9.75% senior secured notes due 2018.
• Haitong International Securities Company Limited on the issuance of HK$1 billion guaranteed senior secured notes by Ideal Homes International Limited, a subsidiary of Yihua Lifestyle Technology Company Limited.
• China Overseas Land & Investment Limited on its private placement of EUR 400 million 1.70% guaranteed notes due 2019 arranged by ABCI Capital Limited and Agricultural Bank of China’s Hong Kong branch.
• China Overseas Land & Investment Limited on a benchmark issue of EUR 600 million 1.75% guaranteed notes due 2019.
• Sinochem Hong Kong (Group) Limited on the annual update of its medium term note program and its offering of CHF 250 million (equivalent to approximately US$268 million) 0.76% notes due 2022.
• Beijing Enterprises Holdings Limited on the issuance by a subsidiary of EUR 500 million 1.435% guaranteed bonds due 2020 listed on the Irish Stock Exchange.
• I.T Limited on the issuance of CNY 1 billion 6.25% senior notes due 2018.
• China State Construction International Holdings Limited on the issuance of US$500 million 3.125% guaranteed notes due 2018 by its subsidiary, China State Construction Finance (Cayman) I Limited.
• CITIC Telecom International Holdings Limited on the issuance of US$450 million 6.1% Guaranteed Bonds due 2025 by its subsidiary CITIC Telecom International Finance Limited.
• Beijing Enterprises Water Group Limited on the issuance of US$500 million 4.625% guaranteed bonds due 2018 by its subsidiary, Beijing Enterprises Water Capital Management Limited.
• Lotte Shopping Business Management (Hong Kong) Limited on its issuance of RMB 750 million 4.00% guaranteed notes due 2015. The notes were guaranteed by Lotte Shopping Co., Ltd. of Korea and were listed in Singapore with the proceeds of issue to be used to expand retail operations in Hong Kong and China.
• China Travel Services on its US$150 million five-year convertible bonds issue. The zero coupon bonds are redeemable at a premium. Proceeds from the bonds issue was used to finance China Travel Services’ existing mainland projects, including a tourist resort in Zhuhai.
• Wharf (Holdings) Limited on its HK$6.22 billion convertible bond issue. The net proceeds of HK$6.22 billion from the issue of the convertible bonds are to be used for financing and re-financing Wharf’s property investments and developments in Hong Kong and Mainland China.
• China Overseas Grand Oceans Group on its HK$2.2 billion convertible bond issue. The net proceeds of HK$2.2 billion from the issue of the convertible bonds were used for general corporate purposes including for financing investment and property development in Mainland China and to repay the amount of HK$400 million drawn down under an unsecured credit facility.
• Tsinlien Group Company Limited (Tsinlien) on the issuance of RMB1,638 million US dollar-settled 1.25% guaranteed exchangeable bonds due 2016.
• Tsinlien Group Company Limited (Tsinlien) on the issuance of RMB1.3 billion 5.75% guaranteed Renminbi-denominated bonds due 2014.
• Beijing Enterprises Holdings Limited and Mega Advance Investments Limited on the issuance of US$600 million 5.00% Guaranteed Senior Notes due 2021 and US$400 million 6.375% Guaranteed Senior Notes due 2041 with BofA Merrill Lynch, HSBC, Morgan Stanley, Credit Suisse and UBS acting as joint lead managers and bookrunners.
• Beijing Enterprises Holdings Limited and Talent Yield Investments Limited on the issuance of US$800 million 4.50% Guaranteed Senior Notes due 2022.
• Beijing Enterprises Water Group Limited on an issuance of RMB 1 billion 3.75% senior Renminbi denominated bonds due 2014 and RMB 450 million 5.00% senior Renminbi denominated bonds due 2016.
• Beijing Enterprises Water Group Limited on an issuance of RMB 450 million 3.75% senior Renminbi denominated bonds due 2014 and RMB 50 million 5.00% senior Renminbi denominated bonds due 2016.
• Singamas Container Holdings Limited (Singamas), a Hong Kong listed global container manufacturer, on its issuance of RMB 1.38 billion 4.75% Notes due 2014. The notes were listed in Singapore with the proceeds of issue to be remitted to certain of Singamas’ subsidiaries pursuant to relevant PRC regulatory approvals.
• TPV Technology Limited (TPV), a Hong Kong and Singapore listed PRC based leading electronics display manufacturer, on its issuance of RMB 500 million 4.25% Notes due 2014. The proceeds of issue to be remitted to certain of TPV’s subsidiaries pursuant to relevant PRC regulatory approvals.