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Global firm King & Wood Mallesons has advised OPUS Group Limited on its move from the Australian Securities Exchange through a scheme of arrangement and listing on the Main Board of The Stock Exchange of Hong Kong.
Firm: King & Wood Mallesons (OPUS Group)
Area: Corporate
Value: Net proceeds raised from the share offer were approximately HK$68.1 million
Key players: The KWM Hong Kong team was led by partners John Baptist Chan and Candy Chan, who were supported by associates Alan Wong and Sunny Lam.
The Australian team was led by partner Nigel hunt with assistance from senior associate Brenda Valdez.
Deal significance: KWM said this scheme of arrangement marked the first successful delisting of an Australian-listed company from the ASX to be made in conjunction with the listing on the HKEX of a Bermudan holding entity.
A cross-border team from KWM Hong Kong and Australia worked to “successfully deliver the transaction, marking the first international law firm to provide an ASX-listed entity seamless one-stop-shop support and advice in respect of the laws and listing rules of both Hong Kong SAR and Australia”, it said.
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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Jerome Doraisamy
