Appleby's Hong Kong office acted as Cayman counsel to Unity Enterprise Holdings Limited (Unity Enterprise) in relation to its listing on the Main Board of the Hong Kong Stock Exchange on 31 March 2021, with gross proceeds of approximately HKD140 million.

The Appleby team was led by Partner Chris Cheng and Legal Executive Connie Wu.

Unity Enterprise is a contractor specialising in repair, maintenance, alteration and addition works in Hong Kong. It intends to apply net proceeds from the Share Offer to upgrade its construction equipment, enhance its safety measures, support working capital requirement, pay for certain upfront costs, and strengthen its manpower.

Our Hong Kong Capital Markets team is highly regarded for their extensive expertise in supporting offshore companies with IPOs, introductions, placements and listings of both equity and debt securities on the Hong Kong, US, Singapore and many other internationally recognised stock exchanges.