TSHK represents Edvantage Group Holdings Limited (HKEx: 0382) in RMB150 million acquisition of the entire equity interest in Guangdong Sun City Industrial Co., Ltd.
Eric Chow & Co. in Association with Commerce & Finance Law Offices advised Edvantage Group Holdings Limited （中汇集团控股有限公司） (HKEx: 0382) on its acquisition of the entire equity interest in Guangdong Sun City Industrial Co., Ltd. （广东太阳城实业有限公司）, which in turn wholly owns Guangdong Huashang Technical School (广东华商技工学校), for a consideration of RMB150 million. The acquisition constitutes a connected transaction, and structured contracts have been entered into for effective control and enjoyment of the economic benefits generated.
Guangdong Huashang Technical School is a private school in the PRC, which is principally engaged in the provision of secondary vocational training services.
The Tongshang Hong Kong team was led by Eric Chow (Managing Partner) and Priscilla Lee (Partner), supported by Jessie Cheung (Senior Associate) and Kathleen Liu (Trainee Solicitor).