Lawyer Monthly Magazine August 2020 Edition

Legal Adviser to Jianzhong Construction Development JIANZHONG CONSTRUCTION DEVELOPMENT LIMITED’S $33 MILLION INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERING ABOUT THE DEAL The company - a leading and fast-growing construction services provider based in Fujian Province - specialises in offering one-stop solutions in foundation works engaging in construction machinery, equipment and tools leasing services. It also operates a sewage treatment plant and engages in the sales of construction materials and equipment and others. Its customers include reputable state-owned construction enterprises and real estate developers, such as CSCEC Strait Construction and Development Co., Ltd. ( 中建海峽建設發展有 限公司 ), a subsidiary of one of the largest investment and construction groups in the PRC. The company published its IPO prospectus on 29 February 2020, seeking to raise up to approximately HK$257.8 million. Deacons had advised Jianzhong Construction Development Limited on its Main Board IPO. Their teamwas led by Ronny Chow and Gary Wong, Partners of the Corporate Finance Practice Group. TRANSACTIONS 82 WWW.LAWYER-MONTHLY.COM | AUG 2020