Sidley Austin LLP represented the sole sponsor and the underwriters on the operation.
Beng Soon Machinery Holdings Limited (HKEX: 1987) was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited. Sidley was the Hong Kong legal adviser to the sole sponsor, Honestum International Limited, and underwriters Ping An Securities Limited, GLAM Capital Limited, Shanxi Securities International Limited, Pacific Challenge Securities Limited, China Rich Securities Limited, Enlighten Securities Limited and Sheng Yuan Securities Limited. This offering raised net proceeds of approximately HK$130 million (approximately US$16 million) before exercise of the over-allotment option.
Beng Soon Machinery Holdings Limited is the largest demolition services provider in Singapore.
The Sidley team was led by partner Gloria Lam (Picture), with support from senior associate Jenny Ho and registered foreign lawyers Dennis Chan and Shuwen Yu.
Law Firms: Sidley Austin LLP;
Clients: Pacific Challenge Securities Limited; China Rich Securities Limited; Enlighten Securities Limited; GLAM Capital Limited; Honestum International Limited; Ping An Securities Limited; Shanxi Securities International Limited; Sheng Yuan Securities Ltd;