Golden Flag Represents Power Heritage Group on Proposed Privatization of Jiangnan Group

Golden Flag International Law Firm advised Power Heritage Group Limited as the offeror on its proposed privatization of Jiangnan Group Limited (HKSE: 1366) by way of a scheme of arrangement. Jiangnan Group and its subsidiaries are principally engaged in the manufacture of wires and cables for power transmission, distribution systems and electrical equipment in the PRC. The transaction was announced on February 21, 2023.

Read Power Heritage and Jiangnan Group's joint announcement

The Golden Flag team was led by transactional partner Joey Chau, with assistance from transactional partner Nelson Ni, registered foreign lawyer Sherry Fu and associate Joyce Chiu. The team also included support from debt finance partner Jacqueline Zheng and associates Rachel Kwong and Christopher Ho.