27 September 2021
Deacons advises the sole sponsor Guotai Junan Capital Limited and underwriters in relation to the Main Board IPO of Tam Jai International Co. Limited, seeking to raise up to approximately HK$1.4 billion (subject to the exercise of over-allotment option).
The company is a leading and renowned restaurant chain operator of the TamJai (譚仔雲南米線) and SamGor (譚仔三哥米線) branded fast casual restaurant chain in Hong Kong with operations also in Mainland China and Singapore, specialising in mixian (a type of rice noodle (米線), which is a well-established, gluten-free staple food with a long history in Asian food culture and typically made from non-glutinous rice without any additives). It is currently a subsidiary of Toridoll Holdings Corporation (listed on the Tokyo Stock Exchange).
The company launched its IPO on 23 September 2021. Guotai Junan Securities (Hong Kong) Limited and China International Capital Corporation Hong Kong Securities Limited are the Joint Global Coordinators.
Dealings in its shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 7 October 2021.
Our team is led by Ronny Chow and Maynard Leung, Partners of our Corporate Finance Practice Group.
