King & Wood Mallesons advised the sole sponsor and the underwriters as the Hong Kong counsel on the initial public offering (IPO) of Zhicheng Technology Group Ltd. (Zhicheng Technology, Stock Code: 8511) on the GEM of The Stock Exchange of Hong Kong by way of share offer.
Listed on 20 April 2018, the IPO comprised a total of 100 million shares issued and sold. Priced at HK$0.65 per share, the gross proceeds from the offering was approximately HK$65 million.
RaffAello Capital Limited is the sole sponsor, and RaffAello Securities (HK) Ltd. acts as the sole bookrunners and Sole lead managers in relation to the Share Offer.
Zhicheng Technology is a smart manufacturing solutions provider with a focus on precision 3D testing solutions and precision machining solutions in China.
The KWM team was led by corporate & securities partner Anthony Wan (Picture), and supported by associate Derek Yu, legal assistant Wallace Wong and paralegal Kevin Tian.
Law Firms: King & Wood Mallesons;
Clients: RaffAello Capital Limited;