Thursday 16 January 2025
Select a region
Media Release

Appleby advises Vanke Property (Overseas) Limited on its HKD 1,138.34 Million transaction

Appleby advises Vanke Property (Overseas) Limited on its HKD 1,138.34 Million transaction

Wednesday 31 July 2019

Appleby advises Vanke Property (Overseas) Limited on its HKD 1,138.34 Million transaction


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

Appleby acted as BVI, Cayman Islands and Jersey counsel for Vanke Property (Overseas) Limited (Vanke Property) in relation to a due diligence exercise on a total of five BVI, Cayman Islands and Jersey targets and their subsidiaries in a very substantial acquisition and connected transaction involving a total cash consideration equivalent to approximately HKD 1,138.34 million.

The Appleby Hong Kong team provided both BVI and Cayman Islands advice on the transaction and was led by Co-Managing Partner and Local Corporate Practice Group Head Judy Lee, Partner, Paul Cheuk and assisted by Legal Manager, Minnie Choi. Jersey counsel was provided by Managing Partner and Local Corporate Practice Group Head Wendy Benjamin, assisted by Paralegal, Grainne O’Brien.

Vanke Property is principally engaged in property development and investment as well as real estate asset management activities in Hong Kong, the UK and the US and is listed on The Stock Exchange of Hong Kong Limited (stock code: 01036).

Judy commented “This transaction demonstrates the true breadth and connectivity of Appleby’s network. We were able to provide Vanke Property with one point of contact for BVI and Cayman Islands advice through our Hong Kong office and work closely with our Jersey team on this substantial transaction.”

Appleby have one of the world's largest offshore regulatory and compliance teams, comprised of experts who not only have first-hand knowledge of local regulation, but who have in many cases, helped to shape it. Our team is skilled at putting technical regulatory information and decision-making in a commercial context, and clients know that we can assemble the team to deliver an international service, quickly and seamlessly.

Sign up to newsletter

 

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?