Linklaters advises Yue Xiu Enterprises on its HK$5.1bn privatisation of Chong Hing Bank

Linklaters advises Yue Xiu Enterprises on its HK$5.1bn privatisation of Chong Hing Bank by way of a scheme of arrangement. Yue Xiu Enterprises is a subsidiary of Yuexiu Group and has been the controlling shareholder of Chong Hing Bank since 2014.

The deal was led by Linklaters’ Head of Hong Kong Corporate Gilbert Li, with support from counsel Donnelly Chan and managing associate Chloe Choy.

Linklaters’ Head of Hong Kong Corporate, Gilbert Li, commented:

“We recently advised the Kerry Group on the partial offer by S.F. Holdings for a 51.8% stake in Kerry Logistics. Our involvement in yet another high-profile public M&A transaction further consolidates our market-leading position in takeover and public M&A transactions in the region.”