Appleby acted as Cayman counsel for China U-Ton Holdings Limited (China U-Ton) in relation to its transfer of listing of all shares from the Growth Enterprise Market to the Main Board of the Hong Kong Stock Exchange. The transfer of listing does not involve any issue of new shares by China U-Ton.
The Appleby team was led by Judy Lee, a corporate partner in the Hong Kong office, assisted by Associate Julia Tam. Li & Partner advised China U-Ton as to Hong Kong law.
China U-Ton, a full range fiber optic network solutions provider servicing the telecommunications industry, was listed on the Growth Enterprise Market on 12 June 2012. Combining the micro-ducts and mini-cables system integration methods, as well as traditional methods, China U-Ton provides optical fiber deployment solutions to major telecommunication operators in the PRC.
For further information please contact Sarah Stone.