Megain Holding (Cayman) Co. Ltd.’s HK$156 Initial Public Offering

King & Wood Mallesons (KWM) advised MEGAIN Holding (Cayman) Co., Ltd. (MEGAIN Holding, Stock Code: 6939) on its HK$156 million initial public offering (IPO) on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK).

MEGAIN Holding was listed on the SEHK on 31 March 2021. The IPO was priced at HK$1.26 per share and comprised a total of 125,000,000 shares.

MEGAIN Holding is one of the leading providers of compatible cartridge chips based in the PRC.

KWM advised the issuer in respect of Hong Kong law and PRC law for the Hong Kong listing, and on intellectual property issues involved in the transaction, with a team led by partners Sheldon Tse (Picture), Yujia Pan and Xianying Lou, along with counsel Guangrui Fu with support from senior associates Jeff Wong and Tingting Yao, and associates Angela Chung, Yingxuan Cai, Yingxian Zeng, Stefy Tong, Christine Lau and Linhong Li.

Involved fees earner: Yingxuan Cai – King & Wood Mallesons; Angela Chung – King & Wood Mallesons; Guangrui Fu – King & Wood Mallesons; Christine Lau – King & Wood Mallesons; Linhong Li – King & Wood Mallesons; Stefy Tong – King & Wood Mallesons; Sheldon Tse – King & Wood Mallesons; Jeff Wong – King & Wood Mallesons; Lou Xianying – King & Wood Mallesons; Tingting Yao – King & Wood Mallesons; Pan Yujia – King & Wood Mallesons; Yingxian Zeng – King & Wood Mallesons;

Law Firms: King & Wood Mallesons;

Clients: Megain Holding Cayman Co Ltd;

Author: Sonia Carcano