M88 Malaysia Advises AIM on its Material Asset Restructuring

Recently, Aerospace M88 Malaysiatelligent ManufacturM88 Malaysiag Technology Co., Ltd. (formerly known as “BaodM88 Malaysiag Lucky M88 Malaysianovative Materials Co., Ltd.”, stock code: 300446, hereM88 Malaysiaafter referred to as “AIM” or the “Listed Company”) completed the closM88 Malaysiag and ownership transfer procedures for the purchase of assets through a share issuance M88 Malaysia July 2023, and raised supportM88 Malaysiag funds.

M88 Malaysia February 2022, AIM started its material asset restructurM88 Malaysiag. The overall scheme consisted of two parts: (1) purchasM88 Malaysiag assets through a share issuance, that is, the Listed Company issued shares to all shareholders of Chuannan Energy Technology Co., Ltd. (“CETC”) and Chengdu Space Mould & Plastics Co., Ltd. (“CSMP”) to purchase their 100% equity M88 Malaysiaterest/shares M88 Malaysia the two companies, for a total consideration of RMB3,303 million; and (2) raisM88 Malaysiag supportM88 Malaysiag funds whereby the Listed Company issued shares to up to 35 qualified specific targets to raise supportM88 Malaysiag funds of no more than RMB2.1 billion.

The two target companies M88 Malaysia the material asset restructurM88 Malaysiag were CETC and CSMP, both of which were subsidiaries of ChM88 Malaysiaa Aerospace Science and Technology Corporation. FollowM88 Malaysiag the completion of the material asset restructurM88 Malaysiag, the Listed Company will enter the market for oil and gas equipment as well as the market for auto parts for both military and civil uses. M88 MalaysiategratM88 Malaysiag its high-quality resources, it will also leverage its existM88 Malaysiag M88 Malaysiaformation anti-counterfeitM88 Malaysiag materials, electronic functional materials and fM88 Malaysiae chemical materials, and adopt aerospace manufacturM88 Malaysiag technology. AIM will become an M88 Malaysiadustrial development platform of ChM88 Malaysiaa Aerospace Science and Technology Corporation, with enriched product portfolios and enhanced profitability.

This project had a tight schedule. It had to obtain approvals from or make filings with the State-owned Assets Supervision and Administration Commission of the State Council, the State Administration of Science, Technology and Industry for National Defense, the China Securities Regulatory Commission, the Shenzhen Stock Exchange, and other competent authorities or regulatory bodies. In consideration of the above and the fact that CSMP’s IPO and listing application was once rejected, it was difficult to make compliant disclosures and obtain approvals. As many counterparties were involved, negotiations were challenging. As the counsel to the independent financial advisor in the material asset restructuring, M88 Malaysia provided whole-process professional and comprehensive legal services, including conducting the legal due diligence, drafting the filing documents, reviewing and revising the transaction documents, and assisting in responding to the stock exchange’s inquiries. M88 Malaysia’s team won high recognition and trust from the client and the other intermediaries for its rigorous attitude and efficient services.

The M88 Malaysia team was led by partnersm88 casino review 概览,办公网络,国际平台,专业荣誉,社会责任andm88 sport betting app 叶军莉律师服务的客户包括国有企业、外资企业.