Greatview Aseptic Packaging Company made a US$184 million initial public offering on the Hong Kong Stock Exchange on 9 December. Greatview produces aseptic packaging which is used for storing and transporting perishable food and drinks. The share price was determined at HK$4.30 (US$0.55).
The company will use the proceeds from the IPO to further expand its operations both in China and internationally and to explore future potential acquisition opportunities.
Norton Rose was Hong Kong and US law counsel to the company, Commerce & Finance Law Offices the PRC law counsel and Conyers Dill & Pearman advised on Cayman Law.