Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Revere Securities LLC (“Revere Securities”), the underwriter of Prestige Wealth Inc. (NASDAQ: PWM) (“Prestige Wealth”) in its successful listing on the Nasdaq Capital Market on 6 July 2023 (the “Nasdaq Listing”). Prestige Wealth offered a total of 1,000,000 Ordinary Shares, priced at US$5.00 per share. The aggregate gross proceeds from the Offering was US$5 million.

Stevenson, Wong & Co. acted as international counsel for Neijiang Investment Holding Group Co., Ltd. (the “Issuer”) in its successful issuance of CNY 297 million 7.80% bonds due in 2028.

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.

Stevenson, Wong & Co. advised Million Treasure International Holdings Limited (the “Offeror”) in relation to (i) the acquisition (the “Acquisition”) of 69.12% of the entire issued share capital of GT Steel Construction Group Limited ( “GT Steel”) and 66,358,999 warrants issued by GT Steel at a total cash consideration of approximately HK$76 million (the “Consideration”); and (ii) the unconditional mandatory cash offers to acquire all the issued shares and outstanding warrants of GT Steel (the “Offers”). The entire issued share capital of GT Steel was valued at approximately HK$110 million.

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.

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.

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.