Locke Lord's Hong Kong office represented Rainbow Key Holdings Limited (the controlling shareholder of Magnum Entertainment Group Holdings Limited) and its ultimate shareholder Mr. Yip Mou Lum, on the HK$404 million sale of all its shares in Magnum Entertainment Group Holdings Limited to Huiri Limited. This transaction triggered a mandatory cash offer under the Hong Kong Takeovers Code. The deal, led by Wing Cheung with Roger Wong, King Hui and Max Hui closed on Mar. 12, 2015.
Posted March 25, 2015