Deacons advises on Main Board IPO of another Hong Kong-based restaurant group

16 May 2018

We advise the sole sponsor China Everbright Capital Limited and underwriters in relation to the Main Board IPO of LH Group Limited. 

LH Group is a full service multi-brand restaurant group with 34 restaurants in Hong Kong specialising in Chinese and Asian (in particular Japanese) cuisine, including the well-known Gyu-Kaku (Japanese) and The Banqueting House (Chinese) restaurant chains.

LH Group published its IPO prospectus on 15 May 2018, seeking to raise up to HK$260 million (subject to the exercise of over-allotment option).  Dealings in its shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 30 May 2018.

Our team is led by Ronny Chow, Head of our Corporate Finance Practice Group. 

Our team also advised on two other Hong Kong based-restaurant groups, namely 1957 & Co. (Hospitality) Limited and Taste • Gourmet Group Limited on their IPOs last year.  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.