DLA Piper acted for Essence Corporate Finance (Hong Kong) Limited as the sole sponsor, Essence International Securities (Hong Kong) Limited as the sole global coordinator, Essence International Securities (Hong Kong) Limited and Haitong International Securities Company Limited as the joint bookrunners and joint lead managers and SBI China Capital Financial Services Limited as the co-lead manager on the listing of China Greenfresh Group Co. Ltd. (Stock Code: 6183) on the Main Board of the Stock Exchange of Hong Kong.
China Greenfresh Group Co., Ltd., a leading PRC integrated supplier of edible fungi products and manufacturer of processed food products, listed on 18 June with gross proceeds estimated at about HK$ 707 million (US$ 91 million). The Group is also a manufacturer of processed food products such as canned food and other processed food products in the PRC.
Mike Suen, Partner in the Corporate team said: “There have been some instances of companies with biological assets listed on the Stock Exchange of Hong Kong, however, China Greenfresh is the only company engaged in the edible fungi business to list in recent years. The IPO deal was completed with the hard work of all parties involved”.
The DLA Piper Corporate team advising were Mike Suen (Partner), Clark Chen (FRL), Amy Kong (Associate), Maisie Yeung (Trainee) and Jiang Tuo (Paralegal). Christina Loh (Of Counsel), Simei Huang (Legal Officer), Cesarine Chan (Paralegal) and Cherry Wang (Paralegal) also supported.
Jun He Law Offices advised the issuer and RSM Nelson Wheeler was the reporting accountants.