NEWBRIDGE’S
ACQUISITION OF SHENZHEN DEVELOPMENT BANK
We acted for Newbridge Capital in relation to its acquisition of
the controlling stake in Shenzhen Development Bank Co., Ltd.. The acquisition
has recently been approved by the China Banking Regulatory Commission
and the State Assets Supervisory and Administration Commission.
This is the first time that a foreign investor is allowed to acquire
a controlling stake in a listed commercial bank in China since 1949.
SMIC
SHARE/ASSET SWAP WITH MOTOROLA
We advised Semiconductor Manufacturing International Corporation
on its acquisition of a foundry plant from Motorola with consideration
shares equivalent to US$300 million. This transaction was named
M & A Deal of the Year in 2003
Asian
Legal Business and some other journals.
SCOTIISH
& NEWCASTLE ACQUISTION OF SHARES IN CHONGQING BREWERY
We advised Scottish & Newcastle on regulatory compliance and
information disclosure matters in connection with its acquisition
of 50,000,000 shares in Chongqing Brewery, a company listed on Shanghai
Stock Exchange.
GRAND
TOUR’S TAKEOVER OF HUA LING
We acted for Grand Tour in relation to its reverse takeover of Hualing
Co., Ltd, a company listed on the Shanghai Stock Exchange. This
is the first reverse takeover of a Chinese listed company by a foreign
investor.