Colin Ng & Partners LLP (“CNP”) advised Shuang Yun Holdings Limited (“Shuang Yun Holdings”) as to Singapore law in respect of its recent listing on 15 November 2017 on the Main Board of The Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”), pursuant to which 250,000,000 new shares are offered under a Global Offering at an offer price of HK$0.56 per share, raising approximately HK$113.6 million in net proceeds. Dakin Capital Limited is the sole sponsor for the Global Offering.
Shuang Yun Holdings is a Singapore based contractor engaged in road works services and construction machinery rental services.
Partner, Ms Tan Min-Li and Mr Stephen Soh, together with senior associate, Ms Ge Xiaomeng, advised Shuang Yun Holdings on the listing. The transaction represents CNP’s first engagement as Singapore legal advisers for a listing on the Main Board of the Hong Kong Stock Exchange.