Locke Lord represented Peace Map Holding Limited (formerly Mongolia Investment Group Limited) in its HK$354 million disposal of the entire issued share capital of Rich Path Holdings Limited. This included advice to the vendor on Hong Kong law in relation to the sale and purchase agreement and Hong Kong Listing Rules implications. Rich Path Holdings Limited, through its subsidiaries, is principally engaged in the provision of maintenance and construction work on civil engineering projects involving waterworks engineering, road works, drainage and slope upgrading for the public sector in Hong Kong, in addition to the provision of water supply services in the PRC and renovation services in Macau. Hong Kong-based Partner Wing Cheung led the team for Locke Lord, assisted by Of Counsel Roger Wong and Trainee Max Hui.
Posted January 24, 2014