JSM acted for HC International on its investment in Madeinchina
5 December 2007
05 December 2007 - JSM acted for HC International, Inc, a listed company on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited, on its investment for a 19% equity interest in Madeinchina, Inc., which principally engages in the provision of business-to-business on-line marketing platform, and on-line and off-line integrative international trade services under "madeinchina.com". The transaction involved the sale of the domain name "madeinchina.com" and an internet software by HC International in exchange for an equity interest in Madeinchina, Inc. HC International has also been granted a call option to increase its stake in Madeinchina, Inc. to approximately 30% if the business performs in line with its expectations within the next two years. Other major shareholders of Madeinchina, Inc. include investment funds associated with Mr. Patrick McGovern who is the founder of the International Data Group.