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background
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We were appointed sponsor, arranger, and joint lead manager of NagaCorp Ltd’s HK$822 million IPO, which was the first gaming company to be listed on the Main Board of The Stock Exchange of Hong Kong via IPO rather than back-door listing, reverse takeover or asset injection.
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our roles
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- pre-listing corporate reorganisation
- extensive due diligence
- overall project management
- industry analysis and valuation
- coordination of professional parties
- extensive discussions with the Hong Kong Stock Exchange
- offer structure design
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key matters
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- evaluation of anti-money laundering measures for the company and overall framework within Cambodia
- evaluation of in-house casino operational control procedures
- addressing the Listing Committee’s concerns given NagaCorp was setting a precedent for all future IPO’s in the gaming sector