Upon listing, the Chinese incorporated Shandong Gold Mining Co. became dual-listed, with shares already listed on the Shanghai Stock Exchange. The company is among one of the largest gold producers listed in China and Hong Kong that operate in China, with a 6.9% market share in China in terms of 2017 gold mine volume in China. As of March this year, the group controlled and operated 12 mines in China, as well as jointly operating with Barrick Gold, a leading global gold company, the Veladero mine in Argentina, being the largest gold mine in Argentina and in South America in terms of 2017 gold mine production volume.

Vincent commented ‘We were delighted to act for Shandong Gold again on this substantial listing, after its USD 960 million acquisition of a 50% stake in Veladero mine from Barrick Gold last year, further cementing the teams reputation as leading specialists for IPO and M&A work‘.

Appleby Hong Kong has seen a significant increase in their IPO and listing work in 2018, with the volume of listings in Hong Kong alone increasing 85% year on year in the first half of 2018. The highly experienced Capital Markets team continues to lead in this market providing clients with expert advice to navigate increasingly heightened listing and regulatory requirements.

Share
Twitter LinkedIn Email Save as PDF
More Deals
31 May 2023 | Deals

Appleby advises Pegasus Digital Mobility Acquisition Corp. on its entry into a business combination with the Schmid Group

Appleby is advising NYSE-listed Pegasus Digital Mobility Acquisition Corp. (“Pegasus”), a specia...

23 May 2023 | Deals

Appleby advises Black Spade Acquisition Co on its proposed merger with VinFast

This will be the largest US listing by a company from Vietnam.

29 Mar 2023 | Deals

Appleby’s Hong Kong office advises Seacon Shipping on its HKD386.8 million listing on the main board of the Hong Kong Stock Exchange

We are pleased to assist Seacon Shipping which ranked first among ship management service providers ...

27 Feb 2023 | Deals

Appleby’s Hong Kong office advises Merced Capital on the restructuring and acquisition of the Telford Offshore Group

This transaction once again highlights our strength in handling complex multi-disciplinary restructu...

22 Feb 2023 | Deals

Appleby’s Hong Kong office advises Lichen China Limited on its listing on the Nasdaq

The Group is one of the leading financial and taxation service providers in China.

1 Nov 2022 | Deals

Appleby advises Endurance Acquisition Corp. on its de-SPAC business combination with SatixFy Communications Ltd.

Appleby is pleased to have acted as Cayman Islands legal counsel to Endurance Acquisition Corp. (NAS...

5 Oct 2022 | Deals

Appleby advises Silver Crest Acquisition Corporation on successful completion of US$1.4 billion de-spac with Tims China

Appleby is pleased to have acted as Cayman Islands legal counsel to Silver Crest Acquisition Corpora...

7 Sep 2022 | Deals

Appleby’s Hong Kong office advises Graphex Group limited on its USD 11.7 million listing on the NYSE American LLC stock exchange market

On 26 August 2022, Graphex Group’s underwriters have exercised their over-allotment option to purc...