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Conyers Dill & Pearman provided BVI and Cayman Islands law advice to Bar Pacific Group Holdings Limited in connection with its HK$62.35 million initial public offering (IPO) of 215,000,000 shares listed on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong (Stock Code: 8432). This transaction marks the first bar company listed in Hong Kong.
Bar Pacific Group Holdings Limited is a chained bar group offering beverages and light refreshments under the brand “Bar Pacific” in Hong Kong. It opened the first shop in Hunghom in 1999 and has gradually expanded over the years to operating 32 shops at street level throughout Hong Kong.
Partner Flora Wong of Conyers’ Hong Kong office advised on the matter working alongside CFN Lawyers in association with Broad & Bright.