PRC piped gas distributor launches Hong Kong IPO
November 16, 2010 | BY
clpstaff &clp articlesChina Tian Lun Gas Holdings (Tian Lun) has debuted on the Hong Kong Stock Exchange, raising HK$409 million (US$52.75 million). The sole sponsor of the…
China Tian Lun Gas Holdings (Tian Lun) has debuted on the Hong Kong Stock Exchange, raising HK$409 million (US$52.75 million). The sole sponsor of the listing was CCB International Capital.
Henan-based Tian Lun is a natural gas distributor, and the company plans to use its offering proceeds to acquire or develop new urban gas projects and for the construction of gas processing stations, gas pipeline networks and other gas supply facilities.
The issuer was advised on Hong Kong law by Loong & Yeung and on Cayman islands law by Appleby. Orrick Herrington & Sutcliffe represented the sole sponsor and underwriters as to Hong Kong law.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now