Deacons was involved in several M&A transactions during the second quarter of 2008 30 June 2008 Deacons advised Wing Lung Bank on the proposed disposal of interests by its substantial shareholders Deacons advised Wing Lung Bank on the proposed disposal of the 53.12% interest held by its substantial shareholders for HK$19.3 billion and the possible mandatory general offer by China Merchants Bank. The transaction is led by Eugina Chan and Alex Que and assisted by Ida Tsoi, Agnes Yau, Denise Yeoh and Juliana Sham from Corporate Finance Practice Group; Lam Wing Wo, Carmen Chien, Clara Wong, Peter Chan and Michael Docherty from Finance and Insolvency Department; Susan Gordon from Financial Services Practice Group and Robert Clark from Litigation Department.   Deacons advised Cheung Kong Infrastructure on acquisition of a Wellington electricity distribution network in New Zealand Deacons advised Cheung Kong Infrastructure Holdings Limited, as its Hong Kong legal counsel, on its acquisition from Vector Limited of the entire interest in the Wellington electricity distribution network in New Zealand for approximately NZ$785 million (approximately HK$4,798.4 million). Subsequently, CFPG advised Cheung Kong Infrastructure, as its Hong Kong legal counsel, on its disposal of 50% interest in such distribution network to Hongkong Electric Holdings Limited. The transaction is led by Eugina Chan and assisted by Ida Tsoi and Agnes Yau.   Deacons advised Hutchison Harbour Ring Limited on disposal of shares in City Island Developments Limited Deacons advised Hutchison Harbour Ring Limited, as its Hong Kong legal counsel, on the disposal of its entire interest in City Island Developments Limited which holds certain property project in Shanghai for approximately HK$4,957 million. The transaction is led by Eugina Chan and assisted by Rosita Chu and Canny Lau.   Deacons advised New World Development Company Limited and New World China Land Limited on reorganisation of certain PRC companies Deacons advised New World Development Company Limited and New World China Land Limited on the reorganisation of certain PRC companies whose principal activity is to develop certain property interests in Shanghai, the PRC. After the reorganisation, New World China Property Limited (which will continue to be a subsidiary of New World Development Company Limited and New World China Land Limited) will hold a 100% interest in each of the relevant PRC companies. The transaction is led by Ronny Chow and Rhoda Yung and assisted by Angela Tsang, Joanne Lam and Jo Wong.   Deacons advised GRI Group on its issue of shares to Jones Apparel Group Deacons advised GRI Group Limited on its issue and allotment of new shares to Jones Apparel Group, Inc., a NYSE listed leading designer, marketer and wholesaler of branded apparel, footwear and accessories. GRI Group Limited is a privately held company with investments from leading global financial institutions including Goldman Sachs and Government of Singapore Investment Corporation Pte Ltd. The transaction is led by Ronny Chow and Rhoda Yung and assisted by William Wong and Chionia Lau.