China Resources (Holding) Company Limited

China Resources (Holding) Company Limited

Description

We acted as the financial adviser to China Resources (Holdings) Company Limited, a conglomerate with a diverse line of businesses in Mainland China with six listed subsidiaries in Hong Kong including China Resources Enterprise Limited on a major group reorganisation.

Our Role

  • discussion with management on long-term strategic directions

  • design of overall group reorganisation and deal structure

  • value assessment for assets to be acquired / disposed of

  • extensive due diligence and negotiation with counterparties

  • coordination of the whole process and timetable

Key Issues

  • in-depth valuation analysis of different businesses, namely hypermarket chain, brewery and textile business as well as container terminal operations in Hong Kong

  • tactical discussion on values of certain assets in which another counterparty had an interest

  • a complicated transaction requiring careful execution due to a number of implications from the Listing Rules