Howse Williams advises Innosophi Company Limited on the acquisition of Chance Achieve Limited
2023-01-17

Howse Williams ("HW"), a leading Hong Kong independent law firm, advised Innosophi Company Limited, a company wholly owned by Mr. Shen Hui as the Hong Kong legal counsel in its acquisition of Chance Achieve Limited (“Chance Achieve”) from Apollo Future Mobility Group Limited, which shares are listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 860) (the “Acquisition”). Chance Achieve is principally engaged in money lending in Hong Kong. The consideration of the Acquisition amounted to HK$408,000,000. The conditional sale and purchase agreement was executed on 30 December 2022.

 

The Howse Williams team was led by partner, Christopher Yu who was supported by senior associate Salina Cheung. The team participated in the legal documentation and general transaction management.

 

 

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Howse Williams is an independent law firm which combines the in-depth experience of its lawyers with a forward thinking approach.

Our key practice areas are corporate/commercial and corporate finance; commercial and maritime dispute resolution; clinical negligence and healthcare; insurance, personal injury and professional indemnity insurance; employment; family and matrimonial; property and building management; banking; fraud; distressed debt; financial services/corporate regulatory and compliance.

As an independent law firm, we are able to minimise legal and commercial conflicts of interest and act for clients in every industry sector. The partners have spent the majority of their careers in Hong Kong and have a detailed understanding of international business and business in Asia.

 

Disclaimer: The information contained in this article is intended to be a general guide only and is not intended to provide legal advice.  Please contact [email protected] if you have any questions about the article.