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 appoints Pamela McDonald as new head of its Doha office

Multinational law firm Pinsent Masons has named international arbitration partner Pamela McDonald as the new head of its Doha office.

Multiple wins for Pinsent Masons at China Business Law Awards 2022

Multinational law firm Pinsent Masons has won in seven categories at China Business Law Journal's annual awards.

Pinsent Masons advises Ørsted on its entry into the Spanish renewables market

Multinational law firm Pinsent Masons has advised Ørsted on its first four renewables’ partnerships in Spain.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises on landmark financing of FINN

Multinational law firm Pinsent Masons has advised French investment company Korelya Capital on the EUR 100+ million financing of car subscription start-up FINN.

Pinsent Masons advises Northern Gritstone on £215m fund raising

Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.

Pinsent Masons advises shareholders on sale of Fastway Couriers

Multinational law firm Pinsent Masons has advised the shareholders of Fastway Couriers, including leading Irish private equity funds MML Growth Capital Partners Ireland and Woodberry Ireland Capital, on its sale to Elysian Capital.

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