Mayer Brown, a leading global law firm, is pleased to announce that it advised China State Construction International Holdings Limited on its one-for-five rights issue.
China State Construction International Holdings expects to raise not less than HK$3.58 billion before expenses at a price of HK$6 per rights share. The rights issue was announced on 18 March, 2011.
China State Construction International Holdings is principally engaged in building construction, civil engineering works, infrastructure investment and project consultancy businesses. Its directors believe that the fundraising can augment the financial position of the group to enable it to capture more investment opportunities in infrastructure projects in China.
The Mayer Brown team was led by corporate finance partner Jeckle Chiu.