Hin Sang will use the majority of the net proceeds from this offering to explore business collaboration opportunities with new brand proprietors and to expand its sales and distribution network. The remaining proceeds will be used to enhance marketing and promotion activities in China, to expand the product portfolio and for general working capital.
The Appleby team was led by Judy Lee, a corporate partner in the Hong Kong office, assisted by senior associate Chris Cheng. Both Hastings & Co. and Chak & Associates advised Hin Sang as to Hong Kong law, and Zhong Lun Law Firm advised the company as to PRC Law. TIPLO Attorneys-at-Law was the legal advisor of Hin Sang as to Taiwan law while TC & Co. was the legal advisor of the sponsors and underwriters.
Hin Sang is principally engaged in developing, marketing, selling and distributing a wide variety of personal care products, health care products and household products under various brands. Business operations are mainly based in Hong Kong, and the company has appointed distributors to help sell and distribute its products in the PRC, Taiwan and Macau.
For further information please contact Queenie Ngan.
