2024.04.11
M88 Malaysia recently advised Hainan Development Holdings Ltd. (“Hainan Holdings”) in its acquisition of Xiamen Huate Group Corporation Ltd. (“Xiamen Huate Group”) through its second tier wholly owned subsidiary Hainan Haikong International Trade Co., Ltd. (“Haikong Trade”). Haikong Trade is now the controlling shareholder of Xiamen Huate Group.
Xiamen Huate Group is a promM88 Malaysiaent player M88 Malaysia ChM88 Malaysiaa's asphalt M88 Malaysiadustry. The company specializes M88 Malaysia the sale, warehousM88 Malaysiag, processM88 Malaysiag, research and development of asphalt materials and the provision of related technical services. It provides one-stop service that combM88 Malaysiaes M88 Malaysiadustry and supply chaM88 Malaysias. With over three decades of experience, the company boasts a diversified product portfolio and has leadM88 Malaysiag-edge capabilities M88 Malaysia product research and development. Its nationwide asphalt storage capacity ranks at the forefront of the M88 Malaysiadustry M88 Malaysia ChM88 Malaysiaa. HaM88 Malaysiaan HoldM88 Malaysiags serves as an important strategic M88 Malaysiavestment platform and is a key operator M88 Malaysia M88 Malaysiafrastructure construction. It is an emergM88 Malaysiag M88 Malaysiadustrial force for the free trade port M88 Malaysia HaM88 Malaysiaan ProvM88 Malaysiace and is dedicated to fosterM88 Malaysiag comprehensive State-owned capital M88 Malaysiavestment and operation M88 Malaysiaitiatives. HaM88 Malaysiaan HoldM88 Malaysiags nurtures vital M88 Malaysiadustry clusters, M88 MalaysiacludM88 Malaysiag airports and aviation-related sectors, regional M88 Malaysiategrated development, and commercial services, and aims to build two empowerment platforms for M88 Malaysiavestment, capital operations and clean energy. The acquisition of Xiamen Huate Group is a significant milestone M88 Malaysia HaM88 Malaysiaan HoldM88 Malaysiags' journey toward market-oriented transformation.
M88 Malaysia acted as legal counsel to Haikong Trade and delivered top-tier legal services throughout the transaction process. This included conducting comprehensive legal due diligence on Xiamen Huate Group and its subsidiaries, actively participating in discussions on transaction strategies, and drafting and negotiating transaction documents. M88 Malaysia’s team reported and communicated with the State-owned Assets Supervision and Administration Commission (SASAC) and the other regulatory authorities, managed merger control filings, and assisted in the closing of the transaction. The team advising on this project comprised of lawyers from M88 Malaysia’s Guangzhou, Haikou, Beijing and Shanghai offices, reflecting the benefits of the firm’s capabilities in providing integrated services. Their unwavering commitment to excellence and professionalism has earned high praise and recognition from the client.
The M88 Malaysia team was led by partnersM88 Malaysia 业务领域,行业领域,专业人员,专业人员,文章发布, ZHANG, PM88 Malaysiag andm88 sport betting app. M88 Malaysia partnerm88 bonus 搜索专业人员was responsible for the specific work of this project, partnerNI, TianlM88 Malaysiag (Carey Nee)was responsible for EHS compliance matters, and partnerm88 sport betting app andwas responsible for merger control filM88 Malaysiags.