Lumena seals listing

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    The world's second largest thenardite producer Lumena Resources closed the second largest IPO on the HKEx this year having had to abandon the listing…

    The world's second largest thenardite producer Lumena Resources closed the second largest IPO on the HKEx this year having had to abandon the listing in mid-2008 due to the Sichuan earthquake and the global capital markets collapse.

    Lumena's offering raised US$149 million and included Rule 144A, Regulation S and Hong Kong tranches. The issuer was advised by a Milbank team led by Douglas Tanner and Anthony Root on US law, Grandall Legal Group on PRC law, Li & Partners on Hong Kong law and Appleby on Cayman/BVI law.

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