Global Legal Chronicle: China Jinmao Holdings Group Limited’s US$327 Million Proposed Privatisation of China VAST Industrial Urban Development Company Limited
June 17, 2022
O’Melveny & Myers LLP advised China VAST in relation to its proposed privatization by China Jinmao. The privatization proposal was announced on June 9 and pre-conditions to the proposal include governmental approvals and waivers from lenders owed 50% of aggregate borrowings and noteholders. The O’Melveny team is led by Hong Kong corporate partner Edwin Kwok, with support from counsel Lillian Cheung, and associates Yuki Tsang and Edward Poon.
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