2020.12.19
On December 18, 2020，G.H.Y Culture & Media Holding Co., Ltd launched an initial public offering and was successfully listed on the main board of the SGX.
G.H.Y Culture & Media is an entertainment and film production company specializing in the production and distribution of TV dramas, films and concerts in the Asia-Pacific region.
W88优德官方网站 acted as the domestic legal counsel of the underwriter for this project. The team assisted the underwriter with legal due diligence of the issuer's domestic subsidiaries and issued reports, as well as reviewed and modified the applications and issuance documents in relation to this listing. They also issued PRC legal opinions.
Changxin Media is the first listed company on the SGX in recent years to control assets operating within China by means of a VIE. W88优德官方网站 also assisted the underwriters and issuers in replying to several rounds of regulatory questions and answers raised by the SGX and its securities regulators on the VIE structure, and obtained a reply from the SGX.
This is another example of a pioneering and representative project to be listed on the main board of the SGX. It follows the successful completion of NanoFilm’s main board listing on the SGX, which was also assisted by W88优德官方网站.
The lead partners of this project were ZHAO, Xiyong (Sammuel), YU, Jinlong, HUANG, RongnanandLI, Ruochen. The main undertaking partner was YU, Jinlong.
