March 2020
Gallant acted as the legal advisor to the Sole Sponsor, Grand Moore Capital Limited, and the Underwriters on the initial public offering (the “IPO”) of C-Link Squared Limited (1463) on the Main Board of Hong Kong Stock Exchange (the “HKEx”).
C-Link Squared Limited (the “Company”) is a Malaysian-based outsourced document management services provider and related software application and enterprise software solutions developer. The Company’s services include the provision of document management services and enterprise software solutions. According to the Industry Report issued by China Insights Industry Consultancy Limited, the Company was ranked second in terms of revenue generated from the provision of document management service in Malaysia in 2019.
The Company’s shares offered under both of the public offer and the placing were over-subscribed.
The Sole Sponsor of the IPO was Grand Moore Capital Limited. The Joint Bookrunners and the Joint Lead Managers were Chuenman Securities Limited, Ruibang Securities Limited, Kingkey Securities Group Limited, Head & Shoulders Securities Limited, Zeus Securities Limited, Grand Moore Capital Limited.
The Gallant team was led by Mr Wilson Ko, partner of our Commercial Department, specializing in IPO and corporate finance legal work and supported by our corporate finance teams.
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