Kelvan Cheung
Kelvan Cheung

Kelvan Cheung

Partner

LOCATION:
Hong Kong
DIRECT:
+852 2825 9279

Kelvan Cheung

Partner

LOCATION:
Hong Kong
DIRECT:
+852 2825 9279


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Kelvan is a Partner in Deacons’ Corporate Finance Group. Kelvan has an extensive experience in the corporate finance field. He advises on initial public offerings, mergers and acquisitions, private equity transactions as well as regulatory compliance matters.

Kelvan’s experience includes advising sponsors and issuers on a number of global offerings and listingson the Hong Kong Stock Exchange, including:

KOS International Holdings Limited (Hong Kong GEM listing) – a human resources service provider in Hong Kong (2018)

Kinetix Systems Holdings Limited (Hong Kong GEM listing) – a well-established IT services provider in Hong Kong (2018)

Niche-Tech Group Limited (Hong Kong GEM listing) – an established semiconductor packaging materials manufacturer (2018)

Most Kwai Chung Limited (Hong Kong Main Board listing) – an integrated advertising and media service provider in Hong Kong (2018)

Max Sight Group Holdings Limited (Hong Kong GEM listing) – a leading automatic ID photo booth operator in Hong Kong and Guangdong Province (2018)

ZACD Group Limited (Hong Kong GEM listing) – an asset manager headquartered in Singapore (2017)

Xin Point Holdings Limited (Hong Kong Main Board listing) – a leading automotive plastic electroplated components supplier in China (2017)

Asia Grocery Distribution Limited (Hong Kong GEM listing) – an established food and beverage grocery distributor in Hong Kong (2017)

China Art Financial Holdings Limited (Hong Kong Main Board listing) – a leading art finance service provider in China (2016)

Beijing Chunlizhengda Medical Instruments Co., Ltd. (Hong Kong Main Board H-share listing) - Chunlizhengda is a well-established orthopedic medical device company in China (2015)

SiS Mobile Holdings Limited (Spin-off and Hong Kong Main Board listing) - SiS Mobile is a leading mobile phones distributor in Hong Kong (2014)

Huisheng International Holdings Limited (Hong Kong Main Board listing) - Huisheng is principally engaged in the production and sale of pork products in China (2014)

China Saite Group Company Limited (Hong Kong Main Board listing) - China Saite is an integrated steel structure and prefabricated construction solution service provider in China (2013)

Grand Ming Group Holdings Limited (Hong Kong Main Board listing) - Grand Ming is an established main contractor in Hong Kong providing construction services in residential property development projects for prominent local developers. It also engages in data centre premises leasing business (2013)

Fine Holdings Limited (Hong Kong Main Board listing, suspended) - Fine Holdings is an established manufacturer of metallic components of display panels in China (2012)

China Animal Healthcare Ltd. (Hong Kong Main Board listing by way of introduction) - China Animal is a leading animal drug manufacturer in China (2010)

Chiho-Tiande Group Limited (Hong Kong Main Board listing) - Chiho-Tiande is a mixed metal scrap recycler in China (2010)

Sinoref Holdings Limited (Hong Kong Main Board listing) - Sinoref is a manufacturer of advanced steel flow control products in China (2010)

 

Kelvan’s experience of capital markets, mergers and acquisitions and private equity includes advising:

Beijing Jianguang Asset Management Co. Ltd., a subsidiary of JIC Capital Management Ltd. (a Chinese state-owned investment company), on a US$1.8 billion acquisition of power amplifier business from NXP Semiconductors N.V. (NASDAQ: NXPI). This transaction was one of the largest outbound technology deals of 2015 and won “Deal of the Year in 2015” by China Business Law Journal

An undisclosed client in its proposed bid for Nanyang Commercial Bank, Limited. This transaction involved the sale by BOC Hong Kong of its subsidiary Nanyang Commercial Bank, Limited for HK$68 billion through public bidding process at the Beijing Financial Assets Exchange

Haitong International Securities Company Limited, acting as one of the underwriters, in relation to the open offer of shares by Hua Han Bio-Pharmaceutical Holdings Limited, raising up to approximately HK$3.4 billion

National Agricultural Holdings Limited on the placing and subscription of new shares raising gross proceeds up to approximately HK$1,125 million

Winshine Entertainment & Media Holding Company Limited on the proposed placing of new shares, bonds and convertible bonds and proposed acquisition of the right of control, economic interests, management and benefits of Beijing Weiying Times Technology Co., Ltd.

Orient Victory Real Estate Group Holdings Limited on its takeover of Orient Victory China Holdings Limited (formerly known as South China Holdings Limited)

Parko (Hong Kong) Limited (indirectly controlled by Hebei Supply and Marketing Cooperative, an administrative body of the People’s Government of Hebei Province of the PRC) on its takeover and subscription of convertible bonds of National Agricultural Holdings Limited (formerly known as Qianlong Technology International Holdings Limited)

Affluent Trade Ltd. on its acquisition from Morning Star Resources Limited the entire issued share capital of a group of wholly-owned companies of Morning Star Resources, constituting a very substantial acquisition of Moring Star Resources

I.T Limited on its acquisition of Nowhere Co., Ltd., a Japanese apparels company owns various fashion brand names including “A Bathing Ape”

Sino Polymer New Materials Co., Ltd. on the disposal of interests by its shareholders to Lumena Resources Corp., at an aggregate consideration of US$1.5 billion, which constitutes a very substantial acquisition and a connected transaction for Lumena Resources Corp.

Ping An of China Asset Management in relation to the subscription of convertible redeemable preference shares of a company which is engaged in exploration and exploitation of coal seam gas

DBS Private Equity and SEAVI Advent Private Equity in their pre-IPO investments in Jintian Pharmaceutical Group Limited (listed in 2013)

DBS Private Equity in its investment in a PRC based solar panel manufacturer

Education

BSSc (Government & Public Administration), Chinese University of Hong Kong (2002)

LL.B., University of Nottingham, United Kingdom (2005)

P.C.LL., University of Hong Kong (2006)

 

Accolades

Asian Legal Business – Top 40 under 40 Lawyer (2016 edition)

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