Dacheng Attorneys Advise Client on Financing Delisted Synear Food

A Dacheng project team recently advised a fund company on financing Zhengzhou Synear Food Holdings Ltd. (“Synear Food”) that had planned a delisting from the Singapore Exchange.
 
Synear Food Holdings Ltd., successfully launched on the main board of the Singapore Exchange while assuming a red-chip structure on August 18, 2006, decided to delist from the Exchange for strategic reasons. The privatization of Synear Food would be financed by the mandator of the service, who was the only participating fund company. Dacheng attorneys, as the PRC legal counsel, advised on financing structure arrangement and negotiation and represented the client in signing a series of legal documents related to post-delisting financing. The attorneys were committed to ensuring the security of the transaction and the effective utilization of the mandator’s investment. On October 23, 2012, Synear Food published an announcement to brief on its delisting from the Singapore Exchange and financing thereafter.
 
During the course of service, the project team delivered all-round, professional and timely legal solutions to protect the client’s interest to the maximum, winning the client’s recognition in the end. The Dacheng team was composed of senior partner Gao Mingfei and partners Qu Xiangang, Zhu Xuqi, with support from secretary Gao Yixin and trainee Hou Mengfei.