Deacons advises Taste Gourmet Group Limited on its IPO

Deacons advises Taste Gourmet Group Limited in relation to its listing on the Growth Enterprise Market of the Hong Kong Stock Exchange by way of share offer.

Taste Gourmet Group is a restaurant group in Hong Kong serving a variety of cuisines, mainly Vietnamese, Japanese, Chinese and Western cuisines targeting mid-to-high-end customer segments, under six self-owned brands such as 品越 越式料理(La’taste Vietnamese Cuisine), 稻成亞丁京川料理(Dab-pa Peking & Szechuan Cuisine), 稻成小館(Dab-pa Peking & Szechuan Bistro), 浦和日本料理(Urawa Japanese Restaurant), 牛氣(Nabe Urawa), Say Cheese and one licensed brand known as FIAT Caffé.

Taste Gourmet Group published its IPO prospectus on 29 December 2017, seeking to raise up to HK$109 million (subject to the offer size adjustment option). Dealings in its shares on the Growth Enterprise Market of the Hong Kong Stock Exchange are expected to commence on 15 January 2018.

Deacons’ team is led by Sabrina Fung, partner of our Corporate Finance Practice Group.

Deacons has also advised another Hong Kong-based restaurant group, 1957 & Co. (Hospitality) Limited, on its IPO launched in November 2017. In earlier years, we have also advised on the IPOs of Xiao Nan Guo Restaurants Holdings Limited (now known as TANSH Global Food Group Co., Ltd), Tsui Wah Holdings Limited and Fulum Group Holdings Limited.

Key Contacts

Sabrina Fung

Partner | Corporate Finance

Email or call +852 2825 9478