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HWB advises on the acquisition of the controlling stake of "RoadShow"
Submitted by // C Yu, Partner; A Yung, Partner
22 December 2017

 

Howse Williams Bowers ("HWB"), a leading Hong Kong independent law firm, advised Bliss Chance Global Limited ("Bliss Chance") in the acquisition of the controlling stake of RoadShow Holdings Limited (Stock Code: 888) ("RoadShow"), whose shares are listed on the Main Board of the Hong Kong Stock Exchange, from Transport International Holdings Limited (Stock Code: 62) as the Hong Kong legal counsel. The acquisition was in the sum of approximately HK$796 million. HWB also advises Bliss Chance on the unconditional mandatory cash offer for all the issued shares of RoadShow after completion of the acquisition. The financial adviser to Bliss Chance is Optima Capital Limited. The unconditional mandatory cash offer was closed on 12 December 2017.

RoadShow and its subsidiaries are principally engaged in the provision of media sales and design services and production of advertisements for transit vehicle exteriors and interiors, online portal, mobile apps, shelters and outdoor signages advertising businesses. They are also engaged in the provision of integrated marketing services covering these advertising platforms.

The HWB team was led by partners, Christopher Yu and Antony Yung and assisted by associate, Salina Cheung. The team had lead responsibility on legal documentation, providing advice on corporate and regulatory issues, communicating with the regulators and financial advisers and undertaking general transaction management.


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Howse Williams Bowers 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; intellectual property; banking; 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 pr@hwbhk.com if you have any questions about the article.