Jin Jiang International Holdings Co., Ltd.’s Acquisition of HNA Aviation & Tourism Group’s Stake in Radisson Hospitality AB

J.P. Morgan Securities (Asia Pacific) Limited acted as exclusive financial advisor to a wholly-owned subsidiary of HNA Group Co., Ltd. on the transaction. Sidley advised HNA Aviation & Tourism Group on the deal HNA Aviation & Tourism Group executed its sale of 50.21 percent of shares in Radisson Hospitality AB (publ), a public company listed […]

Jawa 1 LNG-to-Power Project’s $1.7 Billion Financing

Shearman & Sterling advised a consortium led by Pertamina Power Indonesia, Marubeni Corporation and Sojitz Corporation in connection with the development and financing of the US$1.7 billion integrated LNG-to-power project located in West Java Province, Indonesia. The project achieved financial close on December 5, 2018. This transaction represents the first-ever LNG-to-power project in the Asia […]

KKR’s investment of up to S$500 million for a significant stake in V3 Group Limited

Simpson Thacher advised KKR on the deal KKR executed its investment of up to S$500 million for a significant stake in V3 Group Limited (“V3”), representing an enterprise value of approximately S$1.7 billion. Headquartered in Singapore, V3 is a leading Asian luxury group that creates, develops and owns brands in the lifestyle, wellness and specialist […]

Kaisa Property Holdings Limited’s $33 Million Initial PUblic Offering

Sidley advised Kaisa Property Holdings Limited (HKEX: 2168) as the issuer’s Hong Kong counsel in its approximately HK$259 million (approximately US$33 million) global offering on the Main Board of the Hong Kong Stock Exchange. Kaisa Property Holdings Limited is one of the leading comprehensive property management service providers in China focusing on mid- to high-end […]

Korea Land & Housing Corporation’s $159 Million Notes Offering

Simpson Thacher, acting as sole international counsel, represented The Hongkong and Shanghai Banking Corporation Limited as Dealer in connection with the offering of HK$1.25 billion Floating Rate Notes due 2021 by Korea Land & Housing Corporation under its US$2.5 billion Global Medium Term Notes Program. The offering was conducted in reliance upon Regulation S under […]

Palladium Equity Partners’ Investment in Quirch

Simpson Thacher represented Palladium Equity Partners in connection with their announced significant investment in Quirch Foods, Co. (“Quirch”). Terms were not disclosed. Quirch is a leading distributor and exporter of protein and Hispanic food products based in the U.S. Quirch is headquartered in Miami, Florida with operations in the Southeastern U.S. and the Caribbean. Founded […]

Tencent Music Entertainment Group’s $1.1 Billion Initial Public Offering

Davis Polk advised Tencent Music Entertainment Group on its SEC-registered initial public offering of 82,000,000 American Depositary Shares, consisting of 41,029,829 ADSs sold by Tencent Music and 40,970,171 ADSs sold by the selling shareholders, for total proceeds of approximately $1.1 billion. Skadden, Arps, Slate, Meagher & Flom LLP. advised the underwirters. Maples and Calder advised […]

Wanka Online Inc.’s $34.9 Million Initial Public Offering

Simpson Thacher represented the underwriters in the initial public offering and Rule 144A/Regulation S offering by Wanka Online Inc. (“Wanka Online”). Wanka Online offered an aggregate of 76,390,000 Shares, which raised HK$271.9 million (approximately US$34.9 million) in gross proceeds. The shares of Wanka Online are listed on the Hong Kong Stock Exchange. China International Capital […]