24 October 2007 - JSM acted for Dah Chong Hong Holdings Limited in its IPO. The shares of Dah Chong Hong was listed on the main board of the Hong Kong Stock Exchange on 17 October 2007.

Dah Chong Hong is a diversified business conglomerate in motor vehicle sales, motor vehicle related business and services, sales of food and consumer products, as well as logistics services, supported by integrated distribution platforms and a well-established base and network in the PRC, Hong Kong and Macao. Leveraging on the strong brand name of "Dah Chong Hong" in Hong Kong and with over 40 years of experience engaging in motor vehicle sales and related businesses, Dah Chong Hong is now a leading motor group in Hong Kong and Macao and is pursuing a strategy to be one of the leaders in the PRC market. Dah Chong Hong is also a leading food and consumer products distribution group with over 50 years of experience and a leading logistics service provider in Hong Kong.

BNP Paribas Capital (Asia Pacific ) Limited is the sponsor. Richards Butler acted for BNP. CITIC Pacific approved the spin-off proposal for Dah Chong Hong on 4 October 2007.