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Conyers Dill & Pearman provided BVI and Cayman Islands legal advice to Agile Group Holdings Limited (“Agile”) in connection with the spin-off and separate HK$4.1 billion global initial public offering of 333,334,000 H shares of its subsidiary, A-Living Services Co. Ltd. on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 3319).
Agile is one of the leading property developers in China, focusing primarily on the development and sale of medium to large-scale high-quality residential properties in China. In addition to residential properties, Agile also develops commercial properties, including retail shops that are complementary to its residential properties, shopping malls, office buildings and hotels, providing property management and hotel operation services.
Partner Paul Lim of Conyers’ Hong Kong office advised on the matter working alongside Sidley Austin (HK).