Transaction
Find out all about our firm’s latest transaction below. To learn more about any individual item, please contact us here.
Transaction
Find out all about our firm’s latest transaction below. To learn more about any individual item, please contact us here.
Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Dominari Securities LLC and Revere Securities, LLC (the “Joint Underwriters”), the joint underwriters of Diginex Limited (NASDAQ: DGNX) (“Diginex”) in the successful listing on the Nasdaq Capital Market on 22 January 2025 (the “Nasdaq Listing”). Diginex offered a total of 2,250,000 Ordinary Shares, priced at US$4.10 per share. The aggregate gross proceeds from the Offering was US$9,225,000.
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Diginex owns 100% of Diginex Solutions (HK) Limited. Diginex Solutions (HK) Limited is headquartered in Hong Kong and is an impact technology business that helps organizations to address the some of the most pressing Environmental, Social and Governance, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.
Our Partners, Hank Lo and Gordon Tsang, and Associate Ben Chan, acted as the Hong Kong legal counsel for the Joint Underwriters in the Nasdaq Listing and provided comprehensive Hong Kong legal services.
Please contact Hank Lo or Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Alexander Capital, L.P. and Revere Securities, LLC (the “Joint Underwriters”), the joint underwriters of Ming Shing Group Holdings Limited (NASDAQ: MSW) (“Ming Shing”) in the successful listing on the Nasdaq Capital Market on 22 November 2024 (the “Nasdaq Listing”). Ming Shing offered a total of 1,500,000 Ordinary Shares, priced at US$5.50 per share. The aggregate gross proceeds from the Offering was US$8.25 million.
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Ming Shing is primarily operated through their indirectly wholly-owned Hong Kong operating subsidiaries. They mainly engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works.
Our Partners, Hank Lo and Gordon Tsang, and Associate Ben Chan, acted as the Hong Kong legal counsel for the Joint Underwriters in the Nasdaq Listing and provided comprehensive Hong Kong legal services.
Please contact Hank Lo or Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted as the Hong Kong legal adviser to R. F. Lafferty & Co., Inc. (“R. F. Lafferty”), the underwriter of Galaxy Payroll Group Limited (NASDAQ: GLXG) (“Galaxy Payroll”) in its successful listing on the Nasdaq Capital Market on 12 September 2024 (the “Nasdaq Listing”). Galaxy Payroll offered a total of 2,000,000 ordinary shares, priced at US$4.00 per share. The aggregate gross proceeds from the offering was US$8 million.

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Galaxy Payroll is a reputable payroll outsourcing service, employment, consultancy and market research service provider based in Hong Kong which provides services through its indirectly wholly-owned subsidiaries to customers mainly categorized as (i) global human resources’ service providers engaged by companies/organizations to handle payroll and/or employment-related matters for their branch offices in different regions; (ii) end-users which are mainly multinational companies/organizations that outsource their payroll and/or employment functions to Galaxy Payroll directly; and (iii) end-users consulting Galaxy Payroll for their future expansion worldwide.
Our Partners, Hank Lo and Gordon Tsang, together with Associate Gary Kwok, acted as the Hong Kong legal counsel for R. F. Lafferty in the Nasdaq Listing.
Please contact Hank Lo or Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted as the Hong Kong legal advisers to Lapco Holdings Limited (Stock Code: 8472) (“the Company”) in the establishment of a sponsored Level 1 American Depositary Receipt (“ADR”) Facility (the “Facility”) with The Bank of New York Mellon as depositary bank with effect from 9 August 2024. This is the first time in recent years that a GEM-listed company successfully established ADR facility.
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The ADR is a negotiable receipt, resembling a stock certificate that is issued by a U.S. depositary bank appointed by the Company to evidence one or more American Depositary Shares (‘‘ADSs’’). Under the Facility, the ADSs will be issued against ordinary shares of the Company trading on the GEM Board of The Stock Exchange of Hong Kong Limited deposited with a custodian bank under the Facility and traded in the U.S. over-the-counter market.
The Company is an investment holding company. The Company along with its subsidiaries is mainly engaged in the provision of environmental hygiene services in Hong Kong. The Company operates its businesses through four business segments: Cleaning Services, Pest Management Services, Waste Management and Recycling Services, and Landscaping Services. The cleaning services cover public and private, residential, commercial and industrial buildings.
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Our Partners, Mr. Hank Lo and Mr. Gordon Tsang and Associate, Mr. Ben Chan, acted as the Hong Kong legal counsel for the establishment of the Facility.
Please contact Mr. Hank Lo or Mr. Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Spartan Capital Securities, LLC (“Spartan Capital Securities”), the underwriter of Junee Limited (NASDAQ: JUNE) (“Junee”) in the successful listing on the Nasdaq Capital Market on 17 April 2024 (the “Nasdaq Listing”). Junee offered a total of 2,000,000 Ordinary Shares, priced at US$4.00 per share. The aggregate gross proceeds from the Offering will be US$8 million.
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Junee, through the subsidiaries, OPS Interior Design Consultant Ltd. (“OPS HK”) provides quality interior design, fit-out and maintenance services to both residential and commercial clients in the Hong Kong interior design market. OPS HK also provides a broad range of repair and maintenance services, including routine home condition upkeep services. OPS HK won the Muse Design Award in 2020, and was the given Most Valuable Companies in Hong Kong Award 2020 by Mediazone.
Our Partners, Mr. Hank Lo and Mr. Gordon Tsang, and Associate Mr. Gary Kwok, acted as the Hong Kong legal counsel for Spartan Capital Securities in the Nasdaq Listing and provided comprehensive Hong Kong legal services.
Please contact Mr. Hank Lo or Mr. Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted as international counsel for the placing agents in the successful issuance of CNY256 million 8.6% bonds due 2026 by Weifang Water Investment Group Co., Ltd. (the “Issuer”).

The Issuer is a state-owned enterprise 90% owned by the State-owned Assets Supervision and Administration Commission of Weifang City and 10% owned by Shandong Caixin Asset Operation Co., Ltd. The Issuer is a major water supply, investment and construction entity in Weifang City. The main businesses of the Issuer and its subsidiaries include engineering construction and housing sales, water sales, financing and factoring, trade and others.
Fortune Origin Securities Limited (formerly known as AMC Wanhai Securities Limited), Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Haitong International Securities Company Limited, Head & Shoulders Securities Limited, Dongxing Securities (Hong
Kong) Company Limited, Tung Yat Securities Limited, Raising International Securities Limited, Yuan Tong Global Securities Limited, TFI Securities and Futures Limited, Orient Securities Limited, Integrity Construction & Development Securities Group Limited and Mango Financial Limited acted as the placing agents in this issuance.
Our team was led by Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau and Ms. Audrey Ng, Trainee Solicitor Mr. Leo Choi and Paralegal Mr. Jay Lee.
Please contact our Partner Mr. Rodney Teoh for any enquiries or further information.
