Conyers advises O-Net Technologies (Group) Limited in connection with its HK$2,828.78 million privatization by way of a scheme of arrangement and its delisting from the Hong Kong Stock Exchange

Oct 2020

Conyers provided Cayman law advice to O-Net Technologies (Group) Limited (“O-Net”) in its privatization by way of a scheme of arrangement between O-Net and its scheme shareholders pursuant to an offer by Optical Beta Limited which valued O-Net at about HK$2,828.78 million and its delisting from the Hong Kong Stock Exchange.

Founded in 2000, O-Net supplies optical communication devices and modules across Asia, North America and Europe. It is headquartered in Shenzhen.

Partner Teresa Tsai, Associate Hollia Lam of Conyers’ Hong Kong office, and Ben Hobden of Conyers’ Cayman Islands office advised on the matter working alongside Deacons.