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.
免責聲明： 本電郵所載資料及任何附件僅提供作就參考用途，並不旨在提供法律意見。如閣下有任何疑問，請電郵至[email protected]。