Howse Williams ("HW"), a leading Hong Kong independent law firm, advised Hop Hing Group Holdings Limited (stock code: 47) ("Hop Hing") as Hong Kong legal counsel in relation to its privatisation by way of a scheme of arrangement proposed by its controlling shareholder. Hop Hing was delisted from the Hong Kong Stock Exchange on 27 January 2022.

In brief, the Hop Hing's scheme shareholders received, for each Hop Hing share, a cash consideration of HK$0.08. On this basis, the proposed privatisation involved a total consideration of around HK$228 million. Hop Hing is principally engaged in the operation of quick services restaurants business under the brand names Yoshinoya and Diary Queen in northern China.

The HW team was led by corporate partners, Brian Ho and Denise Che. The team had lead responsibility for the structuring of the transaction and the legal documentation required to implement the scheme, communication with the regulators and general transaction management.

About Us

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; 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.