Kingsley Completes IPO and Listing on HKSE's Growth Enterprise Market

On May 16, 2018, Kingsley EduGroup Limited, a private education service provider in Malaysia, successfully listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong, raising approximately HK$80 million from an offering of 200,000,000 shares. Wilson Sonsini Goodrich & Rosati acted as Hong Kong legal counsel to the sole sponsor, China Everbright Capital Limited, as well as to the underwriters, China Everbright Securities (HK) Limited, Sinolink Securities (Hong Kong) Company Limited, and Sinomax Securities Limited, in the offering and listing.

The WSGR team that advised the sole sponsor and underwriters was led by partner KJ Tan and included associates Peter Chen and Jeffrey Wee.