Sidley Represents Dexin Services Group Limited in Hong Kong IPO


Source: legaldesire.com legaldesire.com

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Sidley represented Dexin Services Group Limited (HKEX:2215) (Dexin Services) as Hong Kong counsel in its initial public offering (IPO) on the Main Board of The Stock Exchange of Hong Kong (HKEX). The offering has raised net proceeds of approximately HK$697.4 million (US$89.8 million). CCB International Capital Limited acted as the sole sponsor and sole global coordinator in the transaction. Dexin Services received three cornerstone investments, namely JIC Trust, Hangzhou Light Association, and Hangzhou Jintou Shenghan. Dexin Services is a comprehensive property management service provider headquartered in Hangzhou. For eight consecutive years since 2014, Dexin Services has been recognized as one...