Redsun Services’ HK$415 Million

Sidley Austin LLP advised Redsun Services on the deal.

Redsun Services completed the initial public offering on the Main Board of The Stock Exchange of Hong Kong. The global offering has raised a total of HK$415 million (approximately US$53.5 million).

Established in 2003 in Nanjing, Redsun Services is one of the top 100 property management companies in China. Redsun Services provides property management services, value-added services to non-property owners, and community value-added services.

The Sidley team was led by Sherlyn Lau (Picture) and Renee Xiong, with support from Claudia Yu, Kevin Chan, Madison Meng, Xiawan Liu and Joy Chen.

Involved fees earner: Kevin Chan – Sidley Austin LLP; Joy Chen – Sidley Austin LLP; Sherlyn Lau – Sidley Austin LLP; Xiawan Liu – Sidley Austin LLP; Madison Meng – Sidley Austin LLP; Renee Xiong – Sidley Austin LLP; Claudia Yu – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Redsun Services;

Author: Michael Patrini