NEWSLETTER
Februry 2021
Zhong Lun Hong Kong advised Shandong Gold on its
privatization of Hengxing Gold by way of scheme of arrangement


Zhong Lun Hong Kong advised Shandong Gold Mining Company Limited (Stock Code: 1787) in relation to its privatization of a red chip company Hengxing Gold Holding Company Limited (Stock Code: 2303) by way of scheme of arrangement.

The Hong Kong team consists of corporate finance partner Henry Lau, consultant Kenneth Lam, senior associate Benson Yee and Chloe Yip, advised on the scheme involving securities exchange offer of H shares of Shandong Gold as consideration for the cancellation of the shares of Hengxing Gold.

Shandong Gold is dual listed on the Main Board of both the Shanghai and Hong Kong Stock Exchanges, principally engaged in gold exploration, mining, processing, smelting and sales.

Henry Lau comments: “This is a significant deal for Shandong Gold and we are proud to be involved in their public takeover.”

Main contact
Henry LauKenneth LamBenson Yee
Partner (Hong Kong)Consultant (Hong Kong)Senior Associate (Hong Kong)
+852 2298 7128+852 2298 7122+852 2298 7698
henrylau@zhonglun.comkennethlam@zhonglun.combensonyee@zhonglun.com