Appleby’s Hong Kong office advises WEIli Holdings Limited on its HKD126 million listing on the Main Board of the Hong Kong Stock Exchange
Appleby acted as Cayman Islands counsel for WEIli Holdings Limited (WEIli) on its listing on the Main Board of the Hong Kong Stock Exchange on 30 June 2022, with gross proceeds of approximately HKD126 million.
The Hong Kong team was led by Partner Chris Cheng and assisted by Legal Executive Connie Wu.
WEIli is a PRC-based cigarette packaging paper manufacturer with research and development capabilities to supply customised products to its customers.
WEIli intends to use the net proceeds from the Global Offering for constructing a factory building, acquiring advanced laminating machines and automatic control systems, enhancing research and development capabilities, enhancing its enterprise resource planning system and infrastructure systems, increasing its marketing effort and general working capital.
Our Hong Kong Capital Markets team is highly regarded for their extensive expertise in supporting offshore companies with IPOs, introductions, placements and listings of both equity and debt securities on the Hong Kong, US, Singapore and many other internationally recognised stock exchanges.
