Douglas Tsang

Recent experience includes the representation of*:

• Gala Technology Holding Limited (HKEX: 2458) in its initial public offering and listing on the Main Board of The Stock Exchange of Hong Kong. Gala Technology is a leading mobile game developer, publisher and operator in China with a focus on mobile sports simulation games for global markets.
• Sunac Services Holdings Limited (HKEX:1516) in its initial public offering on the Main Board of the Hong Kong Stock Exchange. Sunac Services was spun-off from Sunac China Holdings Limited (HKEX:1918), which involved a global offering by Sunac Services and a distribution in specie of Sunac Services shares by Sunac China to its qualifying shareholders. Sunac Services received strategic cornerstone investments from Tencent, IDG Capital, Hillhouse Funds Capital and Snow Lake Capital Funds. The offering raised a total of HK$8.04 billion (US$1.03 billion) (before the exercise of over-allotment option).   
• Huarong International Financial Holdings Ltd. (HKEX:993) in relation to its privatization of Huarong Investment Stock Corporation Limited (HKEX:2277) by way of a scheme of arrangement under Section 86 of the Companies Law of the Cayman Islands involving a securities exchange offer by Huarong International.
• The founding shareholder of a co-working space solutions provider in the series A-1 preferred shares investment in the group, with the participation of two Hong Kong-listed Chinese property developers.
• FountainVest Partners in Series B Preferred Shares investment in Antengene Corporation Limited. This US$120 million Series B financing round was jointly led by FountainVest and Boyu Capital, with the participation of existing investors Celgene Corporation, WuXi Corporate Venture Fund, Taikang, Qiming Venture Partners and TF Capital.  Antengene is a China-based biopharmaceutical company that focuses on the development and commercialization of novel therapeutics with subsidiaries in Hong Kong.
• TUS International Limited (HKEX:872) in the US$105 million acquisition of Telit Automotive Solutions N.V. from Telit Communications PLC (London AIM:TCM). The acquisition constitutes a very substantial acquisition of TUS International Limited under the Hong Kong Listing Rules.
• Glory Sun Financial Group Limited (HKEX:1282, formerly known as China Goldjoy Group Limited) in relation to its acquisition of shares in Glory Sun Land Group Limited (HKEX: 299, formerly known as New Sports Group Limited) and a unconditional mandatory securities exchange offer with cash alternative pursuant to the Takeovers Code through its subsidiary. 
• Greatwalle Holding Limited in relation to its acquisition of shares in King Force Group Holdings Limited (HKEX:8315) and its mandatory conditional cash offer for all the issued shares of King Force Group Holdings Limited pursuant to the Takeovers Code. 
• TUS International Limited (HKEX:872), in relation to its issuance of shares and convertible bonds for subscription by several subscribers at the total consideration of approximately HK$265,815,000. The transaction also involved an application for whitewash waiver by certain existing shareholders of TUS International Limited under the Takeovers Code. 
• Sunac China Holdings Limited (HKEX:1918) in relation to its acquisition of approximately 3.91% percent  shareholding interest in Dalian Wanda Commercial Properties Co. Ltd. at the total consideration of RMB9.5 billion, which constituted a major transaction for Sunac China under the Hong Kong Listing Rules. 
• Top Spring International Holdings Limited (HKEX:3688) in relation to its joint venture investment in education services businesses in Hong Kong.
• United Elite Agents Limited in relation to its privatization of China Metal International Holdings Inc. (HKEX:319) by way of a scheme of arrangement under Ssection 86 of the Cayman Islands Companies Law.
• Sunac China Holdings Limited (HKEX:1918) in its RMB43.8 billion acquisition of 13 cultural tourism projects from Dalian Wanda Commercial Properties Co. Ltd., which constituted a major transaction for Sunac China under the Hong Kong Listing Rules. 
• S&P International Holding Limited (HKEX:1695) in connection with its initial public offering on the Main Board of the Hong Kong Stock Exchange. S&P International is a food manufacturer and trader.