KNT Holdings Limited $16.3 Million Initial Public Offering

Sidley was the Hong Kong legal counsel to Innovax Capital Limited as sole sponsor and Innovax Securities Limited, Pacific Foundation Securities Limited, Quasar Securities Co., Limited, Guotai Junan Securities (Hong Kong) Limited, Central China International Capital Limited, ChaoShang Securities Limited, Fruit Tree Securities Limited, Merdeka Capital Limited and SSIF Securities Limited as underwriters in this transaction.

KNT Holdings Limited (HKEX: 1025) (KNT Holdings) was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited.

The global offering raised approximately HK$127 million (approximately US$16.30 million).

KNT Holdings Limited is one of the leading bridesmaid dresses manufacturers in the PRC.

The Sidley team was led by partner Sherlyn Lau (Picture), with support from senior associate Jade Lai, associates Vanessa Lee, senior legal assistant Zoe Yang, legal assistant Susan Zhang and project manager Hannah Wong.

Involved fees earner: Jade Lai – Sidley Austin LLP; Sherlyn Lau – Sidley Austin LLP; Vanessa Lee – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Central China International Capital Limited; ChaoShang Financial Holding Limited; Fruit Tree Securities; Guotai Junan Capital Limited; Innovax Capital Limited; Merdeka Capital Limited; Pacific Foundation Securities; Quasar Securities Company Limited ; SSIF Securities Limited;

Author: Michael Patrini