SZCDG’s HK$1.9095 Billion Subscription of Shares in China South City

King & Wood Mallesons advised Shenzhen SEZ Construction and Development Group Co., Ltd. on the matter.

Shenzhen SEZ Construction and Development Group Co., Ltd. (SZCDG) announced its HK$1.9095 billion subscription of 3,350,000,000 new shares of China South City Holdings Limited (China South City, Stock Code: 1668) to become the single largest shareholder. CITIC Securities was the financial advisor of SZCDG.

SZCDG is a municipal state-owned operating entity for infrastructure investment, construction and operation.

China South City Holdings Limited,  a Hong Kong incorporated holding company, is a Longgang District, Shenzhen-based integrated logistics and trade center operator. It manages logistics operations and a wholesale shopping center in the city.

The KWM team in Shenzhen office was led by partners Yuhui Cao (Picture), Guangjian Hu, Lifeng Wang and the KWM team in Hong Kong office was led by Dr. Sheldon Tse with support from Sheryl Cheung, Zhang Le, Angela Chung and Jordian Chan.

 

Involved fees earner: Sheryl Cheung – King & Wood Mallesons; Guangjian Hu – King & Wood Mallesons; Sheldon Tse – King & Wood Mallesons; Lifeng Wang – King & Wood Mallesons; Cao Yuhui – King & Wood Mallesons;

Law Firms: King & Wood Mallesons;

Clients: Shenzhen SEZ Construction and Development Group Co., Ltd. ;

Sonia Carcano

Author: Sonia Carcano