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Deacons advises the sponsor and underwriters on the Main Board IPO of Huisheng International Holdings Limited, which is expected to raise up to HK$246 million (subject to the exercise of over-allotment option).
Huisheng International is one of the largest pork suppliers in terms of revenue in 2012 in Changde, Hunan Province, China and is principally engaged in the production and sale of pork products.
Huisheng International is expected to be listed on the Main Board of the Hong Kong Stock Exchange on 28 February 2014.
Deacons advises Cinda International Capital Limited (the sponsor), Cinda International Securities Limited (the global coordinator, bookrunner and lead manager) and the underwriters as to Hong Kong law, and the team is led by Sabrina Fung (Partner). Cheung & Lee in association with Locke Lord (HK) LLP advises Huisheng International as to Hong Kong law.
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