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Conyers provided Cayman Islands legal advice to Koolearn Technology Holding Limited (the “Company”) in connection with its HK$1.8 billion initial public offering of 164,513,000 shares on the Main Board of The Stock Exchange of Hong Kong (Stock code: 1797).
The Company provides online education services under the Koolearn brand in China. It was founded in 2005 and is a subsidiary of New Oriental Education & Technology Group Inc., listed on The New York Stock Exchange (Stock code: EDU), and is headquartered in Beijing, China.
Counsel Wynne Lau of Conyers’ Hong Kong office advised on the matter working alongside Skadden, Arps, Slate, Meagher & Flom and Beijing Tian Yuan Law Firm.