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Conyers Dill & Pearman provided Cayman Islands legal advice to Ocean One Holding Ltd. (the “Company”) in connection with its HK$85.4 million initial public offering (IPO) of 70,000,000 Shares on the Main Board of the Stock Exchange of Hong Kong (Stock code: 8476).
Ocean One Holding Ltd. engages in the import and wholesale business of frozen seafood. The Company specializes in offering a diverse and wide range of frozen seafood products, sourced from suppliers located overseas to frozen seafood reseller and frozen seafood catering service providers in Hong Kong and Macau. The Company’s diversified portfolio of frozen seafood products (with more than 80 product varieties in total) can be classified under seven major categories, namely prawns, scallops, oysters and surf clams, fish, crabs and roe, octopus, cuttlefish, processed seafood products and miscellaneous products. Miscellaneous products include tamagoyaki, cheese rice cake and seaweed.
Partner Bernadette Chen of Conyers’ Hong Kong office advised on the matter working alongside MinterEllison (Hong Kong).