Equity capital markets

IPO’s

Xiaoxiao Education Limited
Advised on the Australian IPO of Xiaoxiao Education Limited (XXL) and its listing on ASX. This was the second IPO of China assets undertaken by our Equity Capital Markets team.

NRW Holdings Limited 
Advised NRW Holdings Limited on its initial public offering of A$152 million with a market capitalisation of A$502.5 million.

AgriNurture Inc
Assisted AgriNurture Inc achieve a compliance listing on the National Stock Exchange of Australia (NSX); a secondary Australian capital market, of depositary receipts relating to underlying common shares which are listed on the Philippine Stock Exchange. This was the first successful compliance listing of a Philippine company on the NSX, giving rise to a number of novel legal and regulatory issues as no precedents or relevant examples existed to assist in this area.

Treyo Leisure and Entertainment Limited
Assisted Treyo Leisure and Entertainment Limited to commence trading on the ASX with a market capitalisation of A$75 million. Treyo's wholly owned subsidiary Matsuoka Mechatronics (China) Co Ltd, a wholly foreign owned company in the Peoples Republic of China, manufactures and markets entertainment equipment under the trade mark Treyo and is an industry leader. This was the first Australian IPO for 2009.

Back door listings

Amcom Limited (formerly FiberTel Limited)
Acted for Amcom Limited on its back door listing into Intercontinental Mineral Resources NL. Deal value A$75 million.

MFS Leveraged Investment Group
Acted for MFS Leveraged Investment Group on their backdoor listing on the ASX, with a market capitalisation of A$120 million.

Rights issues

Neptune Marine Services Limited
Acted for Neptune Marine Services Ltd in relation to its rights issue which raised approximately A$62 million and which was undertaken pursuant to a prospectus for continuously quoted securities.

Port Bouvard Limited
Acted for Port Bouvard Limited on its 2010 placement and underwritten accelerated non-renounceable rights issue to raise A$60 million and also acted for Port Bouvard on its 2007 placement and rights issue to raise A$110 million.

Rural Press Limited
Acted for Rural Press Limited on its rights issue to raiseA$90 million.

GES International Limited
Acted for GES (a Singaporean company listed on both the SGX-ST and ASX) on the restructure of its corporate group involving renounceable rights issue and the de-merger and listing of its subsidiary on the SGX-ST with a market capitalisation of SG$40 million.

Placements

CST Mining Group
Acted for Hong Kong based CST Mining Group on its acquisition of the Lady Annie copper project and subsequent US$600 million oversubscribed placement on the Hong Kong Stock Exchange. 

Anshan Iron and Steel Group (Ansteel) 
Acting for Ansteel on Gindablie’s $209 million accelerated entitlement offer and placement to Ansteel.

Anshan Iron and Steel Group Corporation (Ansteel)
Acted for Ansteel on the A$160 million placement by Gindalbie Metals Limited which resulted in Ansteel acquiring a relevant interest of 36.2 per cent in Gindalbie and which required shareholder approval as a control transaction.

Sandfire Resources Limited
Acted for Sandfire Resources on its A$94 million placement to the world's largest copper smelter, Korean giant LS Nikko.

NRW Holdings Limited
Acted for NRW Holdings Limited on a A$80 million capital raising by A$70 million placement and A$10 million share purchase plan.

Industrea Limited
Advised Industrea Limited in connection with its fully underwritten institutional placement to raise A$50 million.

New Guinea Energy Limited
Advised New Guinea Energy Limited in connection with a placement to raise A$20.18 million.

Share purchase plans

NRW Holdings Limited
Advised NRW Holdings Limited on its fully underwritten placement to sophisticated and institutional investors to raise A$70 million, followed by a share purchase plan to raise up to A$10 million.

Nylex Limited
Acted for Nylex Limited on their share purchase plan to raise A$45 million.

Finbar Group Limited
Acted for Finbar Group in 2010 relation to its underwritten placement and share purchase plan to raise A$45 million.

Other capital raising transactions

Cliffs Group
Acted for Cliffs Group in relation to the Australian aspects of its restructure including seeking foreign investment approvals, documenting and assisting with the completion of refinancing of intra-group loans having an outstanding balance of approximately A$888 million through the drafting of the  terms and issue of redeemable preference shares by an Australian member of the Cliffs Group, to another Cliffs Group member.

Innamincka Petroleum Limited
Advised Innamincka Petroleum Limited in connection with their A$31 million recapitalisation. The recapitalisation involved a non-renounceable one for three pro-rata rights issue to raise approximately A$10 million and a placement to its major shareholder, Republic Investment Management Pte Ltd for approximately A$21 million which required approval of shareholders.

Rattoon Limited
Acted for the underwriters to Rattoon Limited’s offer to raise $A100million for the acquisition of pre-IPO units in the Tattersall’s.

Sino Gold Mining Limited 
Acted for Sino Gold Limited on its secondary listing on the Hong Kong Stock Exchange with capital raising component. Deal value US$133 million.

M&C Saatchi Plc
Acted for M&C Saatchi Plc on Australian aspects of its IPO and AIM listing to raise £35 million.