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 for Neijiang Investment Holding Group Co., Ltd. (the “Issuer”) in its successful issuance of CNY 350 million 7.68% bonds due in 2026.
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The Issuer is a state-owned enterprise 90% owned by the State-owned Assets Supervision and Administration Commission of Neijiang Municipal Government and 10% owned by Sichuan Provincial Department of Finance. It is the major investment and financing entity of the development and construction in Neijiang City.
Donghai International Securities (Hong Kong) Limited acted as the sole global coordinator, joint lead manager and joint bookrunner. Donghai International Securities (Hong Kong) Limited, Zhongtai International Securities Limited and Hong Kong Main Fund Securities Limited acted as the joint lead manager and joint bookrunner.
Our team was led by our Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau, Ms. Audrey Ng, Trainee Solicitor Mr. Austin Kot and Paralegal Mr. Gabriel Yu.
Stevenson, Wong & Co. acted for Neijiang Investment Holding Group Co., Ltd. (the “Issuer”) in its successful issuance of CNY$300 million 6% bonds due in 2026 (the “Bonds”). The Bonds were issued in the China (Shanghai) Pilot Free Trade Zone and are cleared through the China Central Depository & Clearing Co., Ltd.
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The Issuer is a state-owned enterprise 90% owned by the State-owned Assets Supervision and Administration Commission of Neijiang Municipal Government and 10% owned by Sichuan Provincial Department of Finance. It is the major investment and financing entity of the development and construction in Neijiang City.
Donghai International Securities (Hong Kong) Limited acted as the sole global coordinator, joint lead managers and joint bookrunners. China Zheshang Bank Co., Ltd. (Hong Kong Branch) and Zhongtai International Securities Limited acted as the joint lead managers and joint bookrunners.
Our team was led by our Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau, Ms. Audrey Ng, Trainee Solicitor Mr. Austin Kot and Paralegal Mr. Gabriel Yu.
Stevenson, Wong & Co. acted as the Hong Kong legal advisers to Revere Securities, LLC, the underwriter of Millennium Group International Holdings Limited (NASDAQ: MGIH) (“Millennium Group”) in their successful listing on the Nasdaq Capital Market on 4 April 2023. Millennium Group offered a total of 1,250,000 Ordinary Shares, priced at US$4.00 per share. The aggregate gross proceeds from the Offering was US$5 million.
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Founded in 1978, Millennium Group is a long-established paper packaging solutions provider. Headquartered in Hong Kong, Millennium Group has two production facilities in Guangdong, China and a supply chain management office in Vietnam to provide their global clients with packaging solutions from Vietnam and other ASEAN countries.
Our Partners, Mr. Hank Lo and Mr. Gordon Tsang, together with Associate Mr. Bun Chan, acted as the Hong Kong legal counsel for the underwriter in the Nasdaq Listing.

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 advisers to Pacific Century Securities, LLC, the underwriter of CBL International Limited (NASDAQ: BANL) (“CBL”) in their successful listing on the Nasdaq Capital Market on 23 March 2023. CBL offered a total of 3,325,000 Ordinary Shares, priced at US$4.00 per share. The aggregate gross proceeds from the Offering was US$13.3 million.
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CBL is a bunkering facilitator in the bunkering industry, headquartered in Malaysia. CBL has established an extensive supply network in South Korea, PRC, Taiwan, Hong Kong, Malaysia, Singapore, Philippines, and Thailand. CBL provides their customer a one-stop solutions for vessel refueling with more options and flexibility in fulfilling their vessel refueling requirements.
Our Partners, Mr. Hank Lo, Mr. Gordon Tsang, and Associate Mr. Andrew Fung, acted as the Hong Kong legal counsel for the underwriter in the Nasdaq Listing.


Please contact Mr. Hank Lo or Mr. Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted for Neijiang Investment Holding Group Co., Ltd. (the “Issuer”) on its successful issuance of US$50 million 7.5% guaranteed bonds due in 2026.
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The Issuer is a state-owned enterprise 90% owned by the State-owned Assets Supervision and Administration Commission of Neijiang Municipal Government and 10% owned by Sichuan Provincial Department of Finance. It is the major investment and financing entity of the development and construction in Neijiang City.
Donghai International Securities (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited, China Securities (International) Corporate Finance Company Limited, TFI Securities and Futures Limited, Industrial bank Co., Ltd. Hong Kong Branch, Zhongtai International Securities Limited, Shenwan Hongyuan Securities (H.K.) Limited, Dingxin (Securities) Limited, Chief Securities Limited, and Riches Depot Securities Co., Limited acted as the placing agents.
Our team was led by our Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau, Mr. Calvin KW Lo, Ms. Audrey Ng, Trainee Solicitor Mr. Austin Kot and Paralegal Mr. Gabriel Yu .
Please contact our Partner Mr. Rodney Teoh for any enquiries or further information.
Stevenson, Wong & Co. acted for Guizhou Shuanglong Airport Development & Investment (Group) Co., Ltd. (the “Issuer”) in its successful issuance of US$18.2 million 7.0% credit enhanced bonds due in 2026 (the “Bonds”). The Bonds were listed on The Stock Exchange of Hong Kong Limited on 2 March 2023 (Stock Code: 5735).
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The Issuer is a state-owned enterprise 90%-owned by the Shuanglong Management Committee and 10%-owned by Guizhou Financial Holding Group Co., Ltd (Guizhou Guimin Investment Group Co., Ltd.). It is the major infrastructure construction, land development, trading, investment, financing, asset and project management platform in the Shuanglong Airport Economic Zone.
Dingxin (Securities) Limited, Shenwan Hongyuan (H.K.) Limited, CEB International Capital Corporation Limited acted as the joint global coordinators, joint bookrunners and joint lead managers. China Zheshang Bank Co., Ltd. (Hong Kong Branch) acted as the joint bookrunners and joint lead managers.
Our team was led by our Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau, Mr. Calvin KW Lo and Trainee Solicitor Mr. Austin Kot.
Please contact our partner Mr. Rodney Teoh for any enquiries or further information.
