background

• We were the financial adviser to Paul Y. Engineering Group Limited (“PYE”) to establish a film production joint venture with leading partners in the industry, Legend Pictures, LLC and Huayi Group.

our roles

• to design a unique deal structure to serve the best interests of PYE, its existing shareholders and its joint venture partners
• coordinating the whole transaction with 22 working parties in different countries
• liaising and negotiating extensively with the Hong Kong Stock Exchange

 

key matters

• the deal structure involved restructuring the group’s existing business and entering into a film production joint venture agreement which met the requirements of the Listing Rules
• it was a complex and controversial transaction requiring careful execution in order to comply with the regulations of the Listing Rules and the Takeovers Code