ABL Lawyers Advise Tailam on its listing on main board of HKSE
2019-12-1810862Tailam Tech Construction Holdings Limited (Stock Code: 6193) was listed on the main board of Hong Kong Stock Exchange on December 18, 2019, in which 79 million stocks had been issued and raised approximately HKD 63.7 million. AllBright team acts as the PRC legal counsel to the issuer.
Jiangsu Tailam’s main business is manufacturing and selling PHC pipe piles and commercial concretes in China, mainly to real estate development and construction companies in Jiangsu Province. Jiangsu Tailam has 1 PHC pipe pile and 2 commercial concrete production lines in Qidong, Nantong. The company was listed on the NEEQ on December 9, 2016 and delisted from the NEEQ on September 17, 2018.
The sole sponsor and underwriter of this listing is South China Group.
The AllBright legal team, led by senior partner Steve Zhu and included partnerJoy Huang, partner Frank Xu, associate Kejiang Zhang, associate Ken Lin and paralegal Cindy Wang, served as the legal counsels to Jiangsu Tailam on its listing and advised on PRC legal matters.
