SOCAM completes CCP takeover
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clpstaff &clp articlesHKEx-listed Shui On Construction and Materials Limited (SOCAM) completed its privatisation takeover of AIM-listed property investment company China Central…
HKEx-listed Shui On Construction and Materials Limited (SOCAM) completed its privatisation takeover of AIM-listed property investment company China Central Properties (CCP).
Holding approximately 43% of CCP's shares prior to the takeover, SOCAM turned to a Mayer Brown JSM team for advice led by Jacqueline Chiu in Hong Kong and Andrew Sharples in London. Zhong Lun provided PRC law advice while Deutsche Bank acted as SOCAM's financial adviser. CCP instructed Bingham McCutchen with Jun He acting as PRC counsel.
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