Region Area

Notable cases

Appleby acts as BVI and Bermuda Counsel to InfraRed NF in its USD 92.2 million mezzanine financing deal

Acted as BVI and Bermuda counsel in a USD 92.2 million financing investment with Fullsun International Holdings Group, a Hong Kong listed property developer.

The transaction was led by Partner Fiona Chan, supported by Senior Associate Prabha Sasidharan and Associates Karina Li and Quinton Tse.

Appleby advises China Everbright Water Limited on its global offering and listing on the Hong Kong Stock Exchange

Acted as Bermuda counsel in respect of its global offering of 103,970,000 shares (HKD 310,870,300) (subject to over-allotment option) and its listing on the Hong Kong Stock Exchange.

Appleby has previously acted for China Everbright Water in respect of its RMB-denominated corporate bonds issuance in 2017.

The team was led by Co-Managing Partner Judy Lee, Partner Paul Cheuk and supported by Legal Executive Connie Wu.

Appleby Hong Kong acted as BVI counsel to the largest HKIPO so far in 2019

Acted as BVI counsel to Shenwan Hongyuan Group Co., Ltd. on its global offering and listing on the Main Board of the Hong Kong Stock Exchange, with net proceeds of approximately HKD 9.24 billion, the largest Hong Kong IPO so far this year.

The transaction was led by Counsel Vincent Chan.

Appleby advises QTC Care on its USD 7 million series A financing

Acted as Cayman Islands counsel in relation to its circa USD 5 million series A financing, as part of the USD 7 million investment led by a Chinese internet giant, Tencent.

The transaction was led by Counsel Vincent Chan.

Appleby Hong Kong advises AngelHub on its equity crowdfunding platform

Appleby acted as BVI counsel in this transaction.

The Hong Kong Securities and Futures Commission issued two licences to AngelHub who are now the only SFC licensed platform vetted start-up investment platform for professional investors.

The team was led by Partner Fiona Chan, assisted by Senior Associate Prabha Sasidharan and Associate Karina Li.

Appleby advises Xinyi Energy Holdings Limited on its listing on the Hong Kong Stock Exchange

Acted as BVI counsel in relation to its global offering of 1,882,609,471 shares and its listing on the Main Board of the Hong Kong Stock Exchange by way of spin-off. The Hong Kong team advised Xinyi Energy on the separation of the subsidiary from its parent company, Xinyi Solar Holdings Limited.

The team was led by Co-Managing Partner Judy Lee, Partner Chris Cheng, supported by Associate Huiyan Liew and Legal Executive Connie Wu.

Appleby advises Vanke Property (Overseas) Limited on its HKD 1,138.34 million transaction

Acted as BVI, Cayman Islands and Jersey counsel to a due diligence exercise on a total of five BVI, Cayman Islands and Jersey targets and their subsidiaries in a substantial acquisition and connected transaction involving a total cash consideration equivalent to approximately HKD 1,138.34 million.

The team provided BVI and Cayman Islands advice and was led by Co-Managing Partner Judy Lee, Partner Paul Cheuk and assisted by Legal Manager Minnie Choi. Jersey counsel was provided by Managing Partner Wendy Benjamin, assisted by Paralegal Grainne O’Brien.

Appleby advises China Oil and Gas Group Limited on its issuance of USD 320 million senior notes

Acted as Bermuda and BVI counsel in relation to its issuance and offering of USD320 million 5.5% senior notes due 2023. This is the fourth senior notes issuance by China Oil and Gas since 2013 that Appleby has acted on.

The team was led by Co-Managing Partner Judy Lee, Partner Paul Cheuk and assisted by Legal Manager, Minnie Choi.

Appleby advises AMTD International Inc. on its listing on the New York Stock Exchange

Acted as Cayman Islands counsel in relation to its initial public offering of 23,873,655 American depositary shares, representing 23,873,655 Class A ordinary shares of the Company. The Company was listed on the New York Stock Exchange, with gross proceeds of approximately USD 200 million.

The team was led by Hong Kong Co-Managing Partner Judy Lee, Partner Paul Cheuk, assisted by Senior Associate Robert Sit and Legal Executive Connie Wu.