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Deal Date: 25-02-2011 Practice Area: Equity Capital Markets
Deal Title: SmarTone Technologies proposed bonus issue Industry: Mobile Telecommunications
Description:
Slaughter and May advised SmarTone Telecommunications Holdings Limited in relation to its proposed bonus issue of one bonus share for each existing share. SmarTone Telecommunications Holdings Limited is a leader in total communications in Hong Kong, providing voice, multimedia and broadband services in the mobile and fixed markets through its ubiquitous GSM/3G/HSPA+ network. Its goal is to create and deliver unbeatable experiences to targeted customer segments through relevant, easy-to-use and innovative products and services. Its main subsidiary in Hong Kong operates as SmarTone-Vodafone, a Partner Network of Vodafone Group Plc, the world's leading mobile telecommunications company. SmarTone Telecommunications Holdings Limited was established in 1992 and has been listed in Hong Kong since 1996. It is a subsidiary of Sun Hung Kai Properties Limited, one of the largest developers in Hong Kong.
Financial Center: Hong Kong Value: 0.00-100.00
Advised Party: Issuer Law Firm
Issuer Jurisdiction: Hong Kong Listing Jurisdiction: Hong Kong
Classification: Bonus Issues Hong Kong SE::
Lawyer Lisa Chung