Deacons has advised the sole sponsor BOSC International Company and the underwriters in relation to the listing of OOH Holdings Limited on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange.
OOH is a well-established advertising service provider in Hong Kong. It provides advertising space to its clients on a variety of platforms including minibuses, hospitals, clinics and personal care and beauty retail outlets. It was the largest minibus advertising company based on revenue in Hong Kong in 2015 with a market share of approximately 34.3%, according to a market research report.
OOH published its prospectus on December 23rd 2016. Dealings in its shares on the Growth Enterprise Market of the Hong Kong Stock Exchange started on January 5th 2017.
Deacons’ team is led by corporate finance head Ronny Chow (Picture).
Conyers Dill & Pearman provided Cayman Islands and BVI legal advice to OOH Holdings Limited with a team including Anna Chong and Charissa Ball.