Ever Sunshine Lifestyle Services Group Limited’s HK$1.578 Billion Share Placement


Sidley Austin advised Ever Sunshine Lifestyle Services Group Limited on its successful Rule 144A placement.

Ever Sunshine Lifestyle Services Group Limited (HKEX: 1995) announced the placement of existing shares and top-up subscription of 134 million new shares at the placing price of HK$11.78.

Ever Sunshine Lifestyle Services Group Limited has raised approximately HK$1.578 billion (equivalent to US$202 million) in this share placement.

Ever Sunshine Lifestyle Services Group Limited operates as an investment holding company. The Company and its subsidiaries, principally engages in provision of property management and value-added services to non-property owners. Ever Sunshine Lifestyle Services Group serves customers in China.

The Sidley team was led by partner Sherlyn Lau (Picture), with support from counsel Anna Chow and Julia Zhu, as well as associate Alex Chau.

Involved fees earner: Anna Chow – Sidley Austin LLP; Sherlyn Lau – Sidley Austin LLP; Julia Zhu – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Ever Sunshine Lifestyle Services Group Limited;

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Author: Michael Patrini