Fangda and Harneys advised Chaoju Eye Care Holdings Limited on the deal.
Chaoju Eye Care Holdings raised HK$1.36 billion ($175.1 million) in net proceeds from its Hong Kong initial public offering after pricing the shares at the upper limit of the indicative price range.
Listing proceeds will go toward acquisition and establishment of new ophthalmic hospitals as well as renovations and upgrades to existing hospitals and IT infrastructure.
Chaoju Eye Care is a leading ophthalmology and eye care medical services provider with 17 ophthalmic hospitals and 23 optical centers across the PRC, with a strong foundation in North China and Inner Mongolia.
The Fangda team was led by partners Peter Chen (Picture), Christine Chen and Arman Lie and the team members comprised of associates Brian Kwok, Siyu You, Ning Linzy, trainee Lizzie Cheong and paralegal Andrew Chan.
The Harneys team comprised of Raymond Ng and Denise Chan, assisted by Fiduciary Jeff Ng.
Involved fees earner: Peter Chen – Fangda Partners; Christine Chen – Fangda Partners; Brian Kwok – Fangda Partners; Arman Lie – Fangda Partners; Ning Linzy – Fangda Partners; Siyu You – Fangda Partners; Denise Chan – Harneys; Raymond Ng – Harneys;
Clients: Chaoju Eye Care Holdings Limited ;