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JSM Advises on China Overseas Open Offer

12 December 2008

JSM recently advised China Overseas Land & Investment Ltd. (China Overseas) on its HK$2.5 billion open offer announced on 10 December 2008.

Over 7.8 billion shares are already in issue. The company proposes to raise funds through the issue of a further 314 million shares (approximately) at HK$8 per share.

Jeckle Chiu and Yuki Wong advised on the transaction. China Overseas is a property development and investment company that is a constituent of the Hang Seng Index as well as the Standard & Poors Global Property 40 Index.

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    Jeckle Chiu
    T +852 2843 2245
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