David Cheng

I am a partner in our Corporate group based in Hong Kong where I have broad corporate practice spanning equity capital market, debt capital market and public and private M&A.

My practice covers a broad spectrum of equity and debt capital markets and public and private mergers and acquisitions.

I have represented numerous issuers and the underwriters in the initial public offering and spin-off listing on the Main Board of the Hong Kong Stock Exchange and the Growth Enterprise Market. I have also advised on the listing of real estate investment trust. My clients are across a wide range of industries, including technology, healthcare, consumers, real estate, finance, and media and entertainment. After listing, I am also a trusted adviser on their post-listing regulatory compliance and corporate governance matters and subsequent secondary offering, including rights issue, open offer and share placement.

My experience in debt capital markets includes bond offering, medium-term notes programmes, convertible bonds and exchangeable notes, as well as the restructuring of the debt securities transactions.

I have deep experience in advising on various cross-border public and private mergers and acquisitions, ranging from pre-IPO investments to post-listing acquisition as well as the reverse takeover, public company takeovers and privatisation.

I have also advised other types of corporate matters, including fund formation (including open-ended fund companies and limited partnership fund), joint venture, banking and finance, corporate reorganisation and Securities and Futures Commission license applications.

• Represented Karrie International Holdings Limited (stock code: 1050) in spin-off of its subsidiary KRP Development Holdings Limited (stock code: 2421) for a separate listing on the Main Board of The Stock Exchange of Hong Kong Limited
• Represented Zhengwei Group Holdings Company Limited (stock code: 2147) in its initial public offering and listing on the Main Board of the Hong Kong Exchange
• Represented UOB Kay Hian (Hong Kong) Limited as sponsor and underwriter in the initial public offering of YesAsia Holdings Limited (stock code: 2209) on the Main Board of The Stock Exchange of Hong Kong Limited
• Advised the REIT manager in the initial public offering of Spring Real Estate Investment Trust (stock code: 1426) on the Main Board of The Stock Exchange of Hong Kong Limited
• Advised China New Town Development Co. Ltd (stock code: 1278) in its delisting from SGX-ST by way of selective share buyback