News & Insights

Deacons advises on third IPO for a Japanese pachinko hall operator in Hong Kong

Deacons has advised the sponsor Altus Capital in relation to the listing of Okura Holdings, a Japanese pachinko hall operator on the Main Board of the Hong Kong Stock Exchange. The listing is by way of share offer and seeks to raise up to HK$150 million.

Headquartered in Nagasaki, Okura Holdings published its prospectus on 28 April 2017. Dealings in its shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 15 May 2017.

This is the third IPO the corporate finance team has handled for a Japanese pachinko hall operator, previously advising on the listings of Dynam Japan Holdings and Niraku GC Holdings in Hong Kong.

Deacons’ team is led by Ronny Chow, head of the corporate finance group. He also advised on the two previous listings of pachinko hall operators.

Key Contacts

Ronny Chow

Partner | Corporate Finance

Email or call +852 2825 9435

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