Deals
October 11, 2009
Kejie advised Sino-Ocean Land Holdings Limited as one of corporate investors on its subscription of newly issued shares in Glorious Property Holdings Limited for a cash consideration of US$30 million in connection with its IPO. Other corporate investors are Shanghai Industrial Holdings Limited, Gavast Estates Limited and China Southern Fund Management Company Limited.
Glorious Property is one of the leading real estate companies based in Shanghai. On October 2, 2009, Glorious Property was listed on the main board of the Hong Kong Stock Exchange, raising HKD7.8 billion. JP Morgan, Deutsche Bank and UBS acted as joint bookrunner for this listing.
Kejie team is led by partner Mr. He Jie and included Ms. Li Xin and Mr. Zhang Fang.
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