Conyers acted as Cayman counsel to CMON Limited (the Company) in connection with its Transfer of Listing from GEM to the Main Board of the Stock Exchange of Hong Kong.
The Company is a hobby games publisher specialising in developing and publishing mainly tabletop games (including board games and miniature war games). The objective of the Transfer of Listing is to enhance the profile, brand and product awareness of the Company, which in turn will facilitate the Company to expand its sales and marketing capabilities and reach out to more gamers and at the same time, publish more high-quality tabletop games, mobile games and computer games.
This project involved the listing of and the deal in (i) 1,806,000,000 Shares in issue; and (ii) 180,600,000 which may fall to be issued pursuant to the exercise of the share options which have been granted or may be granted under the Share Option Scheme, on the Main Board by way of Transfer of Listing from GEM to the Main Board.
Partner Richard Hall and Counsel Hanifa Ramjahn of Conyers’ Hong Kong office advised on the matter, working alongside Stephenson Harwood and Norton Rose Fulbright (Hong Kong).