Maples acted as Cayman and BVI legal counsel to Yeahka Limited (the "Company") in respect of the placing of an aggregate of 19,150,000 ordinary shares of par value US$0.000025 each in the share capital of the Company on The Stock Exchange of Hong Kong Limited held by Creative Brocade International Limited ("Creative Brocade") and the top-up subscription of the same number of Shares by the Creative Brocade under the general mandate to issue Shares by the Company –CLSA Limited acted as the placing agent. The net proceed from the subscription are estimated to be approximately HK$189.2 million.
The Maples team is led by partner Lorraine Pao with support from legal manager Michael Leung and senior paralegal Haldane Leung. Han Kun Law Offices LLP acted as the Company's Hong Kong legal counsel, with A&O Shearman acted as Hong Kong legal counsel to the Placing Agent.