Pinsent Masons advises Tan Chong on its tender offer to purchase shares in Zero Co. Ltd

07 Jul 2014 | 10:58 am |

International law firm Pinsent Masons has advised Tan Chong International Limited (“Tan Chong”), a Hong Kong Main Board listed company, on its tender offer to purchase an approximate 28% interest in Zero Co. Ltd (“Zero”), a Tokyo Stock Exchange listed company, for approximately HK$305 million (equivalent to approximately £23 million). Such interests acquired together with interests previously acquired by Tan Chong gives Tan Chong an aggregate current holding of approximately 51% interests in Zero.

The acquisition constituted a Major Transaction for Tan Chong under the Hong Kong Listing Rules. Pinsent Masons advised Tan Chong on the Hong Kong legal and regulatory aspects of the transaction.

Both Tan Chong and Zero are engaged in the automobile-related business. Tan Chong, through the tender offer, is expected to further expand its business in the ASEAN region through the establishment of a closer capital and business alliance with Zero.

The Pinsent Masons Team advising on the deal was led by Corporate Partner Kenneth Chong, assisted by Senior Associate Denise Chan and Trainee Solicitor Kris Cheung in the Hong Kong office.

Latest press releases

Show me all press releases

Pinsent Masons launches online tool to spot future home-working related litigation for financial services firms

Multinational law firm Pinsent Masons has launched a new working-from home audit tool to help financial services organisations understand the hidden litigation and regulatory risks associated with staff increasingly working from home on a more permanent basis.

Pinsent Masons advises Seraphine Group PLC on its £150m main market IPO

Multinational law firm Pinsent Masons is advising Seraphine Group plc, an international digitally-led maternity and nursing wear, on its IPO and premium listing on the main market of the London Stock Exchange.

Pinsent Masons agrees MOU with Nepal International ADR Center

Multinational law firm Pinsent Masons has today signed a memorandum of understanding (MOU) with Nepal International ADR Center (NIAC), commencing an important collaborative relationship seeking to enhance NIAC’s international arbitration capabilities.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Seraphine Group PLC on its £150m main market IPO

Multinational law firm Pinsent Masons is advising Seraphine Group plc, an international digitally-led maternity and nursing wear, on its IPO and premium listing on the main market of the London Stock Exchange.

Pinsent Masons hires Lisa Connaughton to lead its Company Secretarial Operations in Dublin

Multinational law firm Pinsent Masons has hired Lisa Connaughton as head of company secretarial operations in Dublin, further boosting its financial services capabilities in Ireland.

Pinsent Masons advises KATEK SE on IPO in Germany

Multinational law firm Pinsent Masons advised KATEK SE and Hauck & Aufhäuser Privatbankiers AG on KATEK SE's initial public offering (IPO) on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts