3 November, 2017
Deacons advised the sole sponsor, Southwest Securities (HK) Capital Limited, and underwriters in relation to the listing of Asia Pioneer Entertainment (APE) Holdings Limited on the Growth Enterprise Market of the Hong Kong Stock Exchange by way of share offer.
APE is the fourth largest electronic gaming machine and electronic table games supplier, and the largest electronic table games supplier in Macau in 2016 by revenue, according to a market research report commissioned by the company.
APE published its IPO prospectus on October 31, 2017 seeking to raise up to HK$90 million (subject to the exercising of an offer size adjustment option) . Share dealings on the Growth Enterprise Market of the Hong Kong Stock Exchange are expected to commence on November 15, 2017.
The Deacons team was led by Eugina Chan, partner in the Corporate Finance Practice Group.
