Debbie Lyn

Advising Ocean Link Investment Limited on the subscription of 310,407,322 new shares of Comba Telecom Systems Holdings Limited (Stock Code: 2342) (“Comba”) at the subscription price of HK$1.09 per share, with an aggregate subscription amount of HK$338,343,980.98. The subscription of new shares of Comba was completed on 20 March 2025.

Acting for BYD Company Limited on its placement of 129,800,000 new H shares under a general mandate on the Hong Kong Stock Exchange and approximately HK$43,383 million in total was raised. The placement of new H shares under the general mandate was completed on 11 March 2025.

Acting for CRCS (HK) Limited, a wholly-owned subsidiary of China Resources (Holdings) Company Limited, in its acquisition of 60% stake in SWCS International Holding Limited, a leading corporate services provider in Hong Kong, from its shareholders. The consideration of the acquisition amounted to HK$276 million. The transaction completed in January 2024.

Acting for Luxshare Precision Limited, a wholly-owned subsidiary of Luxshare Precision Industry Co. Ltd., in relation to its acquisition of the controlling interest in Time Interconnect Technology Limited (“Time Interconnect”) (SEHK: 1729) and its mandatory unconditional cash offer to acquire the entire issued share capital of Time Interconnect as an offeror. The value of the acquisition of the controlling interest amounted to HK$1.1 billion and the mandatory unconditional cash offer involved an amount of HK$480 million. The acquisition was announced in February 2022 and the relevant mandatory unconditional cash offer was completed in April 2022.

Acting for Dah Chong Hong Food International Holdings Limited, a wholly owned subsidiary of Dah Chong Hong Holdings Limited, in relation to its acquisition of 21% stake in Tsit Wing International Holdings Limited (stock code: 2119.hk) from its controlling shareholder. The consideration of the acquisition amounted to HK$133.2 million. The transaction completed and was announced in April 2023.

Acting for China Resources Gas (Hong Kong) Investment Limited, a wholly-owned subsidiary of China Resources Gas Group Limited, in relation to its proposal for the take-private of Suchuang Gas Corporation Limited (SEHK: 1430) by way of a scheme of arrangement as an offeror. The proposal for the take-private involved an amount of HK$2.38 billion. The transaction was announced in August 2021.

Acting for Luxvisions Innovation Technology Limited in relation to its acquisition of the controlling interest in Cowell e Holdings Inc. (“Cowell”) (SEHK: 1415) and its mandatory unconditional cash offer to acquire the entire issued share capital of Cowell as an offeror. The value of the acquisition of the controlling interest amounted to HK$2.19 billion and the mandatory unconditional cash offer involved an amount of HK$2.72 billion. The acquisition was announced in December 2020 and the relevant mandatory unconditional cash offer was completed in February 2021.

Acting for Longfor Group Holdings Limited for an investment in Greentown Service Group Co. Ltd. (SEHK: 2869) (“Greentown”) by way of acquisition of shares in issue and proposed subscription of new shares in the share capital of the Greentown. The consideration for the acquisition was approximately HK$1.08 billion and the acquisition was completed in January 2020 and the consideration for the subscription was approximately HK$1.3 billion and the subscription was completed in June 2020.

Acting for China Resources Gas Group Limited ("CR Gas") to undertake a top-up placing of shares whereby CRH (Gas) Limited, a company incorporated in the British Virgin Islands which beneficially owns approximately 63.3% of the existing issued share capital of CR Gas, had placed 90,000,000 shares of CR Gas in the market through Goldman Sachs (Asia) L.L.C., the sole placing agent, and thereafter the Company had issued the same number of new shares to CRH (Gas) Limited. The top-up placing was completed in May 2020.

Acting for China Resources (Holdings) Company Limited (“CRH”) in relation to its acquisition from Tesco PLC (“Tesco”), one of the largest retailers in the United Kingdom, of 20% interest in the 80:20 joint venture it formed with Tesco in 2014 in respect of retail businesses in PRC, Hong Kong and Macau. The transaction was completed in February 2020.

Acting for China Resources Land Limited (the “CR Land”) to undertake a top-up placing of shares whereby CRH (Land) Limited, a company incorporated in the British Virgin Islands which beneficially owns approximately 61.2% of the existing issued share capital of CR Land, had placed 200,000,000 shares of CR Land in the market through Goldman Sachs (Asia) L.L.C., the sole placing agent, and thereafter CR Land had issued same number of new shares to CRH (Land) Limited. The transaction was completed in November 2019.

Acting for Vanke Overseas Investment Holding Company Limited (formerly known as Vanke Property (Overseas) Limited) in the acquisition of interest in property interests in Chun Yeung Street, North Point, Hong Kong by way of the acquisition of shares and related shareholder’s loan in the investment holding company that indirectly owns the property interests for redevelopment. The total value of the consideration was approximately HK$600 million. The transaction was completed in June 2019.

Acting for Vanke Overseas Investment Holding Company Limited (formerly known as Vanke Property (Overseas) Limited) in the acquisition of property interests in the United Kingdom and the United States through acquiring equity interests in relevant holding companies, for which constituted a very substantial acquisition under the Hong Kong Listing Rules. The total value of the consideration was approximately RMB 1.1 billion. The transaction was completed in June 2019.

Acting for Huatai Financial Holdings (Hong Kong) Limited which was appointed as the financial adviser of Best Food Holding Company Limited in relation to, among other things, the acquisition of a total of approximately 87% equity interest in Beijing New Spicy Way Catering Management Ltd. (北京新辣道餐饮管理有限公司) for which, when aggregated with a previous transaction, constituted an extreme very substantial acquisition under the Hong Kong Listing Rules. The total value of the consideration was approximately RMB 1 billion.

Acting for China Vanke Co., Ltd. in the formation of the joint venture through its wholly owned subsidiary with Banyan Tree Holdings Limited (a company listed on the Singapore Stock Exchange), and advising on the subscriptions and private placement of shares in Banyan Tree Holdings Limited.

Acting for the sponsor and underwriters to a Singapore Exchange listed company in its global public offering and the dual primary listing of its shares on the Main Board of the Hong Kong Stock Exchange in December 2017.

Acting for two construction companies and an issuer from catering industry from Singapore in their listings on the Main Board and GEM of the Hong Kong Stock Exchange.

Advising and counselling a number of listed and private companies on acquisitions, disposals and joint venture contracts, which involved companies and professional teams in Hong Kong, China, Europe and other regions.

Debbie advises a number of listed companies in Hong Kong on their continuing compliance obligations for listing on the Main Board of the Hong Kong Stock Exchange from the perspective of compliance under the Listing Rules and various matters in relation to corporate governance, such as advising on notifiable and connected transactions, reviewing and assisting in updating internal corporate governance policies, and advising on annual and interim reports. Such Hong Kong listed issuers include:

• China Resources Gas Group Limited (Stock Code: 1193)
• China Resources Beer (Holdings) Company Limited (Stock Code: 291)
• Hengan International Group Company Limited (Stock Code: 1044)
• BYD Electronic (International) Company Limited (Stock Code: 285)
• Vanke Overseas Investment Holding Company Limited (Stock Code: 1036)
• Wanda Hotel Development Company Limited (Stock Code: 169)