Shenhua International Ltd – ASX Listing
Chambers & Company acted as the Australian lead lawyers for the listing of Shenhua International Ltd (“Shenhua“) in July 2009 on the Australian Securities Exchange (“ASX“) which raised just over AUD14 million. Shenhua is a home textiles manufacturer and sales company whose business operations are based in the commercially developed Zhejiang Province of China and with revenues of approximately AUD120 million in the 2009 financial year. In this role, Chambers & Company worked closely with all the Australian and Chinese consultants of the company to successfully complete the listing process including coordination of the legal due diligence, capital structure development, corporate restructuring and incorporation, development of prospectus and verification, liaising with the Australian Securities and Investments Commission (“ASIC“) and the ASX regarding corporate and listing compliance issues, networking with brokerage firms as well as other general Australian corporate legal matters.