Jurisdiction - Hong Kong
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Skadden Advises “econtext” On Hong Kong IPO.

20 December, 2013

 

Skadden represented econtext Asia Limiteda Japan-based online payment services provider in its approximately HKD448 million (US$57 million) initial public offering and listing of shares on the Hong Kong Stock Exchange. The offering size will increase to HKD516 million (US$66 million) if the over-allotment option is fully exercised.

 

This is only the third ever successful listing of a Japan-based business in Hong Kong.

 

The Skadden team was led by corporate partners Nobuhisa Ishizuka and Edward Lam and Chris Betts.

 

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