Tongshang and Tongshang Hong Kong represented Infinities Global Technology in its HK$147.1 million acquisition of issued shares in Jiu Zun Digital Interactive Entertainment Group Holdings Limited (HKEx: 1961)
Eric Chow & Co. in Association with Commerce & Finance Law Offices (“TSHK”) advised Infinities Global Technology Limited Partnership (“Infinities Global Technology”) in an acquisition of approximately 49.00% of the issued shares in Jiu Zun Digital Interactive Entertainment Group Holdings Limited (HKEx: 1961) (“Listco”) (the name of the listed company has now been changed to Infinities Technology International (Cayman) Holding Limited), a listed company of the Main Board of The Stock Exchange of Hong Kong Limited, for a consideration of approximately HK$147.1 million, which triggered the requirement to make a mandatory general offer (the “General Offer”) under the Hong Kong Takeovers Code.
Listco is principally engaged in mobile game development and operation and digital media content distribution in the PRC.
The Tongshang Hong Kong team was led by managing partner, Eric Chow and partners Priscilla Lee and Brandon Chow, supported by senior associate Winnie Tang and associate Carol Chan.