Jan 2021
Conyers provided Cayman legal advice to TEM Holdings Limited (“TEM”) in its privatization by way of a scheme of arrangement between TEM and its scheme shareholders pursuant to an offer by Jumbo Planet Group which valued TEM at about HK$12.825 million and its delisting from the Hong Kong Stock Exchange.
Serving for more than 20 years, TEM operates as a holding company and manufactures electrical products such as power supply cords, wires and cables through its subsidiaries.
Partners Lilian Woo, Teresa Tsai and Associate Ryan McConvey of Conyers’ Hong Kong office and Partner Ben Hobden of Conyers’ Cayman Islands office advised on the matter working alongside Eversheds Sutherland.