Top-up placement for PRC orange plantation owner
May 13, 2010 | BY
clpstaff &clp articlesAsian Citrus Holdings, an operator of orange plantations in China, made a top-up placement of 68 million of its shares and a placement of 27 million shares…
Asian Citrus Holdings, an operator of orange plantations in China, made a top-up placement of 68 million of its shares and a placement of 27 million shares of Asian Citrus by shareholder Huge Market Investments. The transactions were valued at an aggregate of US$70 million.
Merrill Lynch Far East and CLSA were the joint placing agents. Ordinary shares of Asian Citrus are listed on the Hong Kong Stock Exchange, the Aim and the Plus Market.
Fried Frank Shriver Harris & Jacobson in Hong Kong advised the joint placing agents. Victoria Lloyd and Joshua Wechsler led the team. Mallesons Stephen Jaques represented the issuer and the vendor.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now