Stevenson, Wong & Co. assisted Smartac Group China Holdings Limited (395.hk) in its placing of 300 million new shares on HKEx
SW assists Smartac Group China Holdings Limited (Stock Code: 395) (the “Company”, together with its subsidiaries the “Group”), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, in its issue and placing of 300,000,000 new shares at the placing price of HK$0.31 per placing share. The placing was completed on 23 December 2014.
Orient Securities (Hong Kong) Limited acted as the placing agent and Orient Capital (Hong Kong) Limited acted as the financial adviser in this placing.
The Group is one of the largest zirconium chemicals manufacturers and exporters in the PRC and has diversified its business into new energy-related business and the O2O (online to offline) market. SW acted as the Hong Kong legal adviser for the Company.
Please contact our Hank Lo for any enquiries or further information about this transaction.