Leading global law firm Herbert Smith Freehills has advised China Everbright Water Limited on its IPO and dual listing on the Hong Kong Stock Exchange.
China Everbright Water, a member of China Everbright Group, was first listed on the Singapore Stock Exchange in 2014. It is a leading integrated water environmental solutions provider in China.
The company plans to use the proceeds for further liquidity and development of pipeline projects, with 85% of estimated proceeds to be used for expanding market share in the China water industry and diversifying its portfolio.
Hong Kong partner Matt Emsley and Singapore partner Siddhartha Sivaramakrishnan and senior consultant Charles Wang led the team advising China Everbright Water, assisted by senior associate George Wu and associates Stephanie Chan, Jaime Fong and Sophia Tan.