AllBright Advises China Everbright International Limited on Reverse Takeover2015-01-293353
On December 12, 2014, China Everbright International Limited (HKSE: 00257) successfully completed a reverse takeover of HanKore Environment Tech Group Limited, a listed company on the main board of Singapore Exchange Limited (SGX: U9E), and it was officially renamed China Everbright Water Limited.
Everbright Water is principally engaged in the environmental water business, which includes wastewater treatment, reusable water, wastewater heat pumps, sludge treatment, and the research & development of environmental water technologies, engineering and construction, etc. The Company’s projects are spreading in North and Central China, including Beijing, Jiangsu, Shandong, Shaanxi and Henan.
AllBright partner Du Xiaodong led a team, including associates Ou Bin and Yang Kun, which advised Everbright International on the PRC laws for the transaction.