CHONG Hong Chiang is Head of the China Practice and a Partner in the Equity Capital Markets Practice.
Her main practice areas are equity capital market transactions (including initial public offerings and follow-on offerings such as placements and rights issue), mergers and acquisitions and general corporate law.
Hong Chiang started practising law in 1999 focusing on equity capital markets transactions (including Chinese businesses listings in Singapore, dual listings in Hong Kong and Singapore and Taiwan listings). In the interim period, she left legal practice for a number of years and was an independent consultant. As a consultant, Hong Chiang focused on fund-raisings, listings, joint ventures, general corporate transactions and M&A activities particularly in the China market, with an aim to provide holistic solutions to her clients. She was also retained as a consultant of a state-owned-enterprise which is the provincial investment arm of the State Owned Assets Supervision and Administration Commission of the State Council to consult on, amongst others, listing overseas and joint ventures with overseas businesses.
Hong Chiang graduated from the National University of Singapore. She is admitted to the Singapore Bar.
Significant transactions that Hong Chiang has been involved in include advising / acting for the following:
- NIO Inc. in its secondary listing on SGX mainboard. NIO is a global smart electric vehicle company, and the first company in the world to be listed on three exchanges – U.S., Hong Kong S.A.R. and Singapore.
- LJHB Capital (S) Pte. Ltd., in the mandatory conditional cash offer for Keong Hong Holdings. This comes after LJHB entered into a sale and purchase agreement with Keong Hong's chairman and chief executive officer, Mr Ronald Leo for 44.8 million shares (or 19.1 per cent), raising its stakes in the company to 45.8 per cent.
- Fujian Zhenyun Plastics Industry Co., Ltd. in its initial public offering of new "S" shares, which raised gross proceeds of approximately S$21.7 million. This is the third "S" share listing in Singapore at the time of listing.
- Medtecs International Corporation Limited as Singapore legal adviser in their application to the Taiwan Stock Exchange for the listing of Taiwan Depository Receipts ("TDRs") which were converted from existing ordinary shares in the capital of Medtecs International Corporation Limited. The TDRs are listed and traded on the Taiwan Stock Exchange.
- Sound Global Ltd., as Singapore counsel, in its dual listing on the Hong Kong Stock Exchange initially via a global offering of new shares but subsequently via an Introduction.
- J.P. Morgan (S.E.A.) Limited, Citigroup Global Markets Singapore Pte. Ltd. and Development Bank of Singapore Ltd. (DBS Bank), as joint underwriters and bookrunners, in the initial public offering of Ascendas India Trust (a-iTrust). This is Singapore's first listed Indian property trust, comprising a Regulation S international offering, which raised gross proceeds of approximately S$549.5 million.
Related Practices
- China
- Equity Capital Markets