Hong Kong. Nixon Peabody CWL (NPCWL) recently advised the sole sponsor, Kingsway Capital Limited, and the underwriters in relation to the listing of IMS Group Holdings Limited (Stock Code: 8136) on the Growth Enterprise Market (GEM) of The Hong Kong Stock Exchange by way of share offer.
A Hong Kong-based LED lighting product and service provider, IMS Group Holdings Limited specializes in providing LED lighting products and services for retail stores of world-renowned luxurious brands mainly in the Asian markets. Its business primarily consists of sales of LED lighting fixtures, integrated LED lighting solution services as well as LED lighting system consultation and maintenance services and sales of visual-audio systems. IMS Holdings Limited was listed on GEM of The Hong Kong Stock Exchange on January 25, 2018, raising approximately HK$62.5 million from the share offering before expenses.
The NPCWL team was led by senior partner Cheng Hoo and consultant Patrick Lee. Other members of the team include associate Katrina Ho, trainee solicitors William Tong and Eric Li.