Ganzhou Urban Investment Holding Group’s $250 Million Bonds Offering

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised the issuer on Ganzhou Urban Investment Holding Group. Ganzhou Urban Investment Holding Group Co., Ltd. executed the issuance of USD250 million 6.0% sustainable notes due 2025, and listed on the Stock Exchange of Hong Kong Limited....

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Yanchang Petroleum International’s Adoption of New Share Option Scheme

DeHeng advised Yanchang Petroleum International Limited on the deal. Yanchang Petroleum International Limited executed the adoption of new share option scheme so that share options may be granted to its employees and other eligible participants in reward for their contribution in the future. Yanchang Petroleum International engages in both the upstream and downstream sectors of the oil and gas Industry and is an important platform to develop the overseas business of the Yanchang Petroleum Group, the majority shareholder of Yanchang Petroleum International. The DeHeng team was led by partner Howard Lau (Picture) and supported by associate Alaida Au and trainee solicitor Alex Tsoi. Involved fees earner: Alaida Au – Chungs...

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Zhoushan Islands New Area Penglai State Asset Investment Group’s $150 Million Bonds Offering

Chungs Lawyers advised Zhoushan Islands New Area Penglai State Asset Investment Group on the deal. Zhoushan Islands New Area Penglai State Asset Investment Group Co., Ltd. executed the issuance of US$150 million 3.90% credit enhanced bonds due 2025 supported by an irrevocable standby letter of credit provided by Bank of Hangzhou Co., Ltd. Zhoushan Branch and listed on the Stock Exchange of Hong Kong Limited. Zhoushan Islands New Area Penglai State Asset Investment Group is the core operating entity responsible for sales of resettlement housing and affordable housing, as well as land development and consolidation in Daishan County, serving the dual purposes of supporting the social and economic development of Daishan County and achieving business growth.  The Chungs Lawyers team was led Lily Liang...

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