Mayer Brown JSM advises Jiayuan International Group on its HK$1.116 billion IPO in Hong Kong
8 March 2016
Mayer Brown JSM acted as the legal adviser for Jiayuan International Group on its HK$1.116 billion global offering and listing on the Hong Kong Stock Exchange today.
Jiayuan is a Jiangsu-based residential and integrated commercial property developer. The company is mainly involved in developing and selling residential and commercial properties, and leasing of commercial real estate. As of 30 November 2015, the company has 19 property development projects across Jiangsu Province, comprising 14 residential and five integrated commercial projects.
Proceeds from the global offering will go towards Jiayuan’s property development cost and land acquisitions in its current operating cities.
The Mayer Brown JSM team is led by Corporate & Securities partner Billy Au. He was assisted by associate Carmen Yuen and corporate finance executives Mark Wang and Calvin Wong.