Linklogis Inc.’s $1.1 Billion Initial Public Offering

Harneys acted as counsel for Linklogis Inc’s listing on the Hong Kong Stock Exchange, raising over net proceeds of US$1.1 billion in its IPO (subject to the over-allotment option being exercised). Lead counsel for Linklogis and joint sponsors are Davis Polk & Wardwell and Skadden, Arps, Slate, Meagher & Flom and affiliates, respectively.

The Shenzhen-based company is selling 452.9 million shares at HK$16.28 to HK$18.28 apiece. 

Goldman Sachs Group Inc. and China International Capital Corp. are joint sponsor of the deal.

Linklogis is the first supply chain financing service provider adopting a SaaS model to be listed in Hong Kong.

The Harneys team was led by Co-Global Head of Corporate Raymond Ng (Picture), with assistance from Legal Manager Nicholas Fong, and Paralegal Alkafe Lam. Lead counsel for Linklogis and joint sponsors are Davis Polk & Wardwell and Skadden, Arps, Slate, Meagher & Flom and affiliates, respectively. 

 

Involved fees earner: Nicholas Fong – Harneys; Raymond Ng – Harneys;

Law Firms: Harneys;

Clients: Linklogis Inc.;

Print Friendly, PDF & Email
Sonia Carcano

Author: Sonia Carcano