Mayer Brown represented Easou Technology Holdings Limited (02550.HK) on its global offering and listing on the Main Board of the Hong Kong Stock Exchange.
The company offered 14,802,500 shares globally, with the Hong Kong public offering accounting for 10% and the international offering accounting for 90%, respectively. The final offer price was fixed at HK$5.80 per share. The listing and trading of shares on the Main Board took place today with a market capitalization of approximately HK$1.9 billion by reference to the final offer price.
Established in 2005, Easou Technology operates four business lines, comprising online reading platform services, digital marketing services, online games publishing services, and other digital content services. Proceeds from the IPO will be used to enhance the company’s R&D capabilities, expand its online games publishing services in the overseas market, and to fund the expansion of the business.
The Mayer Brown team was led by Corporate & Securities partner Billy Au and included associates Fiona Ham and Inez Ma (all Hong Kong).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
