DeHeng (Hong Kong) advised Huikai International Investment Co., Limited (惠开国际投资有限公司) on its issuance of JPY8.3 billion 1.90 per cent. listed bonds with the benefit of a keepwell and liquidity support deed and a deed of equity interest purchase undertaking by Wuxi Huishan Hi Tech Group Co., Ltd. (无锡惠山高科集团有限公司)

2024-03-15

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Huikai International Investment Co., Limited (惠开国际投资有限公司) (the “Issuer”) on its issuance of JPY8,300,000,000 1.90 per cent. bonds due 2025 with the benefit of a keepwell and liquidity support deed and a deed of equity interest purchase undertaking by Wuxi Huishan Hi Tech Group Co., Ltd. (无锡惠山高科集团有限公司) (the “Company”), and listed on the ChongWa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”) on 14 March 2024 (Stock Code: MOXTB24050).

The Company is indirectly wholly-owned by the Wuxi Huishan Economic Development Zone SASAC, as a key player in infrastructure construction and construction of compensatory housing for resettled households in the Wuxi Huishan Economic Development Zone. The Wuxi Huishan Economic Development Zone Management Committee has mandated the Company to implement the plan of the Wuxi Municipal Government to develop the infrastructure of the Wuxi Huishan Economic Development Zone. Since its inception in 2019, the Company has been playing a significant role in enhancing the development and competitiveness of Wuxi Huishan Economic Development Zone.

Lily Liang, the partner of DeHeng Law Offices (Hong Kong) LLP, led the team including Jason Wong, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Dexter Yeung, Lilian Kwong, Vivian Li, Sophia Chan, Evelyn Fan, Fairy Wang, Jeff Wang, Andy Kwok, Liz Tang, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung, Geoffrey Tang, Jeremy Chu and Jerry Liu.