Shopping mall developer raises US$195 million
July 22, 2011 | BY
clpstaff &clp articlesChinese wholesale shopping mall developer and operator, Zall Development, has raised US$195 million through its listing on the Hong Kong Stock Exchange.…
Chinese wholesale shopping mall developer and operator, Zall Development, has raised US$195 million through its listing on the Hong Kong Stock Exchange. The issuer is based in Wuhan.
The joint sponsors of the offering were BNP Paribas Capital and Bocom International Asia.
Advising the issuer were Sidley Austin, King & Wood and Conyers Dill & Pearman on Hong Kong and US laws, PRC law and Cayman Islands law respectively. A Hong Kong-based Morrison & Foerster team led by Ven Tan acted for the underwriters. The underwriters' PRC counsel was Commerce & Finance Law Offices.
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