Slaughter and May is advising Credit Suisse (Hong Kong) Limited, as placing agent, in relation to the HK$156 million secondary placing and sale of shares in Tian Ge Interactive Holdings Limited held by IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P.
The placing and sale of shares represents approximately 23.11% of the issued share capital of Tian Ge Interactive Holdings Limited and was undertaken by way of an accelerated book building process to institutional investors.
Tian Ge Interactive Holdings Limited operates live social video platforms and mobile and online games and is listed on the Main Board of The Stock Exchange of Hong Kong Limited.
Slaughter and May is advising Credit Suisse on the deal with a team led by John Moore (partner, in picture), assisted by Frank Bi (associate), Sarah Tian (associate).
Law Firms: Slaughter and May;
Clients: Credit Suisse;