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JSM advised Dah Chong Hong Holdings Limited on acquisition of "FAW Toyota" and "Lexus" 4S businesses"

27 August 2008
27 August 2008 - JSM advised Dah Chong Hong Holdings Limited (Stock Code: 1828) on the acquisition of half of the stakes in a group of companies engaging in 4S businesses (vehicles Sales, Spare parts, maintenance Services and customer Survey services) in respect of the "FAW Toyota" and "Lexus" brands in the greater Guangzhou area, PRC, for a total consideration of approximately HK$143 million. The transaction was announced on 26 August 2008.

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