King & Wood Mallesons (KWM) advised C&D Property Management Group Co., Ltd (C&D Property Management, SEHK Stock Code: 2156) on the spin-off and its subsequent listing on the Main Board of the Stock Exchange of Hong Kong Limited (SEHK) by way of introduction.
Prior to the completion of the spin-off, C&D Property Management was a subsidiary of C&D International Investment Group Limited (CDI, SEHK Stock Code: 1908) and a pure property management arm of CDI. Following the spin-off and its successful listing, C&D Property Management is no longer a subsidiary of CDI and remains an indirect subsidiary of each of Xiamen C&D Inc. (C&D Inc., Shanghai Stock Exchange Stock Code: 600153) and Xiamen C&D Corporation Limited (Xiamen C&D). The sole sponsor is China International Capital Corporation Hong Kong Securities Limited (CICC).
C&D Property Management is a property management services provider headquartered in the Fujian province in the PRC. CDI is principally engaged in real estate development, real estate industry chain investment services and investments in emerging industries in the PRC. C&D Inc. is principally engaged in supply chain operation, real estate development and industrial investment, etc. Xiamen C&D is a state-owned company under the supervision of Xiamen State-owned Assets Supervision and Administration Commission of the State Council (SASAC) with a focus on supply chain operation, real estate development, tourism & hotels, exhibitions, medical & health care, urban public services and investments etc.
The team was led by partner John Baptist Chan (Picture), with support from Alan Wong, Kevin Ng, Elaine Ma and Felicia Leung.
Law Firms: King & Wood Mallesons;
Clients: C&D Property Management Group Co., Ltd;