For media enquiries, please contact firstname.lastname@example.org
Conyers Dill & Pearman advised China Metal Resources Utilization Limited (the “Company”) on the US$90 million listing of shares on the Stock Exchange of Hong Kong Limited. The Company is the successor to Gushan Environmental Energy Limited (Gushan), a Cayman incorporated company for which Conyers has acted since its incorporation in 2006. Gushan was listed on the NYSE in 2008, was privatised by way of merger under the Cayman merger regime in 2012 and, following the distribution of the assets held by Gushan to the Company, the Company was successfully listed on the Hong Kong Stock Exchange in 2014. We understand that this is the first successful re-listing on the Hong Kong Stock Exchange of assets of a company formerly listed on the NYSE and privatised by way of merger under the Cayman merger regime.
Richard Hall of Conyers’ Hong Kong office advised on the matter, working alongside Herbert Smith Freehills, Chen & Co Law Firm, Skadden, Arps, Slate, Meagher & Flom and Haiwen & Partners.