Norton Rose Fulbright advises on Beijing Capital Land A-Share offering
Business | March 23, 2016
Global law firm Norton Rose Fulbright has advised Beijing Capital Land Ltd on its proposed A-share offering and listing in the People’s Republic of China.
The board of directors proposes to issue not more than 370 million A-shares, at a price to be determined by consultation with lead underwriters, to qualified investors on either the Shanghai Stock Exchange or the Shenzhen Stock Exchange.
Beijing Capital Land Ltd. is a leading integrated real estate developer in China and listed on the Hong Kong Stock Exchange in 2003.
The company proposes to use the proceeds of the offering to fund the development of five of its real estate projects in Beijing, Shanghai and Tianjin.
The proposed A-share offering and listing is subject to the approval of shareholders in the company’s general meeting and class meetings, as well as approvals from the China Securities Regulatory Commission and other relevant regulatory authorities.
The underwriters to the offering and listing are CICC, JP Morgan First Capital and CSC.
The Norton Rose Fulbright team was led by Hong Kong partner Psyche Tai with assistance from senior associate Rachel Chan and associate Timothy Lam.
For further information please contact:
Stuart Lennon, Senior Marketing and Communications Manager, Asia
Tel: +852 3405 2306
stuart.lennon@nortonrosefulbright.com
Notes for editors:
Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.
For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.
