Howse Williams Bowers ("HWB"), a leading Hong Kong independent law firm, advised Dafeng Port Heshun Technology Company Limited ("Dafeng Port Heshun") in relation to the acquisition of Jiangsu Hairong Dafeng Port Petrochemical Product Terminal Company Limited ("Jiangsu Hairong") at a consideration of RMB405.9 million. This transaction constituted a connected and very substantial acquisition to Dafeng Port Heshun under the Hong Kong Listing Rules.
Dafeng Port Heshun is principally engaged in the provision of integrated logistics freight services in Hong Kong, the Pearl River Delta and the Yangtze River Delta regions and the relevant supporting services. It also provides storage services for petrochemical products. Jiangsu Hairong is involved in the provision of harbour port terminal handling and berthing services in an integrated petrochemical terminal complex, being the only berthing dock for oil vessels in Dafeng Port.
The HWB team was led by corporate partner, Brian Ho. The team had lead responsibility for legal documentation on the acquisition and the resolving of corporate and regulatory issues, communication with the regulators and general transaction management.
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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; intellectual property; banking; financial services/corporate regulatory and compliance.
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