Mallesons Stephen Jaques
Recent advisory roles

Asia

2009

 

Macquarie / China Everbright Fund Joint Venture

Acted for Macquarie on a Joint Venture with China Everbright to establish an international fund and a Chinese domestic fund to invest in infrastructure in China, Hong Kong and Taiwan.

Dynasty Property Investment (Holdings) Limited

Acted for Dynasty Property in relation to the refinancing of an existing bank debt facility by way of an US$155 million syndicated facility. The deal involved coordinated efforts across multiple jurisdictions including domestic counsel in the PRC, Mauritius and Bermuda and client teams in Hong Kong, China and Sydney.

CEVA Group

Advisor to the CEVA group of companies on the Hong Kong law aspects of a €119,997,000 and US$127,057,000 second priority senior secured notes issued by CEVA Group plc.

The Hong Kong and Shanghai Hotels, Limited

Advised HSH Financial Services Limited, a wholly-owned subsidiary of luxury hotel and property group, The Hong Kong and Shanghai Hotels, Limited (HSH), on a HK$1.225 billion (US$129 million) term loan facility guaranteed by HSH. The proceeds of the facility will be used for refinancing existing indebtedness and for general corporate purposes of HSH and its subsidiaries.

Lumena Resources IPO

Acted as Hong Kong legal advisers to the joint sponsors, joint global coordinators and underwriters in relation to Lumena Resources Corp.'s initial public offering (IPO) and listing on the Main Board of the Hong Kong Stock Exchange. The IPO raised US$149 million.

Newell Rubbermaid

Advisor to Newell Rubbermaid in the buyout of 30 per cent of the shares of a Hong Kong company held by its joint venture partner. The target company is engaged in the manufacture of plastics and related products and has an operating facility in China through an export processing arrangement.

Macquarie Group

Advisor to Macquarie Group on the establishment of the Macquarie-State Bank of India (SBI) Infrastructure Fund (MSIF). The total capital to be raised by the fund in 2009 is anticipated to be between US$2 and $3 billion. The capital will be used to invest in key infrastructure projects in India.

Real Gold Mining

Acted as issuer's counsel on Hong Kong law to Real Gold Mining on its listing on the Hong Kong Stock Exchange. The initial public offering raised approximately HK$1 billion and the market capitalisation of the company on listing was approximately HK$4.2 billion. This is one of the few listings on the Hong Kong Stock Exchange for a mining company for a which a "chapter 18" waiver was obtained.

Come Sure Group IPO

Advisor to Kingsway Capital Limited as sponsor on the HK$91.7 million listing and placing of shares in Come Sure Group (Holdings) Limited on the Hong Kong Stock Exchange. Come Sure Group is a Chinese manufacturer of paperboard and packaging products.

2008

 

CVM Minerals Limited IPO

Acted as Hong Kong legal advisers to the sponsor and underwriters in relation to the listing of CVM Minerals Limited on the Main Board of The Stock Exchange of Hong Kong Limited, raising approximately HK$133 million.  It was the first-of-its-kind listing of a mineral company under Chapter 18 of the Hong Kong Listing Rules, which does not require the usual track record listing requirements.

Boeing

Advisor to Boeing on the US$21 million expansion of BHA Aero Composites Parts Co, a joint venture with China Aviation Industry Corporation.

China Exim Bank

Advisor to China Eximbank in connection with the financing of China's Sinosteel Corporation's US$1.3 billion successful bid for Australian iron ore miner Midwest Corporation.

Hunan Valin

Advisor to Chinese company Hunan Valin Steel Tube & Wire Joint Stock Co., Ltd (Hunan Valin) in its acquisition of a 11.4% stake in Australian iron ore explorer Golden West Resources Limited.

Rakon

Advisor to Rakon Ltd of New Zealand on its acquisition of a 40 percent stake in the Chinese-based Timemaker Crystal Technology Ltd group of companies and establishment of a new joint venture company in which Rakon Limited holds a 70 percent stake.

Telstra

Advisor to Telstra in its acquisition of a 55% stake in each of Norstar Media and Autohome/PCPop, two leading Chinese online advertising businesses.

ABN AMRO Bank

Advisor to ABN AMRO Bank on the launch of Hong Kong's first low- strike participation certificates. The financial instruments were linked to commodities and overseas indices and listed on the Hong Kong Stock Exchange.

AES Corporation

Advisor to AES Corporation in its bid for, and US$1.1 billion financing of, the Masinloc Coal-Fired Thermal Power Plant located in the Philippines

Allco Finance Group

Acted on the acquisition, financing and leaseback of multiple Airbus A320 aircraft for an Indian low cost carrier.

Cathay Pacific Airways

Advisor to Cathay Pacific Airways and Dragonair in respect of their global carbon offset program, the first to be launched by Asian airlines.

Hong Kong SFC proceedings

Mallesons successfully defended our client in proceedings brought by the Hong Kong SFC on charges of providing or recklessly providing, false or misleading answers to the SFC in market manipulation investigations. This is the first successfully contested case in HK.

SOHO China

Advisor to SOHO China, a PRC property developer listed on the Hong Kong Stock Exchange, as its Hong Kong legal adviser, on its acquisition of the Chaoyangmen SOHO (Kaiheng Centre) Project and the entire interests in Beijing Kaiheng Real Estate Company Limited for a total consideration of approximately RMB2.9 billion (US$423 million).

Taiwan High Speed Rail

Acted as the legal representative of an international joint venture in their multi-million dollar dispute against the Taiwan High Speed Rail Corporation. We settled the dispute successfully after leading a mediation in Taipei and receiving the Employer's endorsement for the deal.

2007

 

AXA Asia Pacific

Advisor to AXA Asia Pacific in its acquisition of Winterthur Life’s Hong Kong operations for HK$1.9 billion.

BOC Asia and Deutsche Bank Securities

Advisor to Hong Kong counsel to the joint lead managers and joint bookrunners on Neo-China Group (Holdings) Limited’s (Neo-China) issue of US$400 million Reg S 149A bond offering, the first time that a bond with warrants structure had been applied in the Asian public bond market.

China Special Steel

Advisor to the sellers on the sale of S.E.A Mineral Limited to China Special Steel Holdings Limited for HK$2.7 billion.

Deutsche Bank

Advisor to Deutsche Bank in the acquisition of 30% of Beijing Guohua Real Estate Co. and in respect of the joint venture arrangements with other equity investors.

Hidili Industry International Development Limited

Advisor to Chinese coal and coke producer Hidili Industry International Development Limited on its HK$4.1 billion global offering and listing on the Main Board of the Hong Kong Stock Exchange.

Hong Kong Exchanges and Clearing Ltd (HKEx)

Appointed by the HKEx to study the trading of emissions-related products in Hong Kong. The study is the first to be conducted by a leading stock exchange in Asia to assess the full range of carbon and environmental markets and possible trading options.

HSBC

Advisor to HSBC on the project financing of a subsidiary of Roaring 40s Renewable Energy for the construction and development of a wind farm, the first non-recourse wind financing in India.

HSBC and UBS

Advisor to the joint underwriters HSBC and UBS as international counsel on the S$296 million IPO of MacarthurCook Industrial REIT, a Singapore listed REIT.

ING Banking Group

Advisor to the Court of Final Appeal in Hong Kong on a test case brought by the Commissioner of Inland Revenue seeking to expand its offshore profits tax net, in particular against international brokerages with offices in Hong Kong. Mallesons defended the case for ING through seven years of litigation and successfully concluded it with a decision against the Hong Kong Commissioner.

Kingdee International Software Group Company

Advisor to Kingdee International Software Group Company Limited in its strategic alliance with IBM and the joint investment in Kingdee by IBM and Lehman Brothers.

Macau Casino Projects

Advisor to a range of contractors, consultants and suppliers in various casino and hotel projects in Macau including the City of Dreams, Crown Casino, Hotel Lisboa, MGM Grand and Venetian Cotai.

Poly Investments

Advisor to Hong Kong-listed Poly Investments in its acquisition of a 19.9% interest in YTC Resources, an Australian company engaged in tin, gold, copper and non-ferrous metals exploration.

Realestate.com.au Limited

Advisor to realestate.com.au Limited in its acquisition of Square Foot Limited and Primedia Limited in Hong Kong.

Sichuan Xinhua Winshare Chainstore

Advisor to the issuer on the HK$2.1 billion global offering and listing on the Main Board of the Hong Kong Stock Exchange of Sichuan Xinhua Winshare Chainstore, the first Hong Kong IPO by a Chinese bookstore operator.

Standard Bank

Advisor to Standard Bank as senior debt provider supporting the acquisition of Courts Singapore and Mammoth Malaysia, a furniture retailer by private equity investment vehicles.

Sun Hung Kai Financial

Advisor to Sun Hung Kai Financial in Asia’s first property derivative.

Taiwan High Speed Rail

Acted as the legal representative of an international joint venture in their multi-million dollar dispute against the Taiwan High Speed Rail Corporation.

Hidili Industry International Development

Advisor to Chinese coal and coke producer Hidili Industry International Development Limited on its HK$4.1 billion (US$525 million) global offering and listing on the Main Board of the Hong Kong Stock Exchange