Hanfeng Evergreen Inc. raised $11 million in an equity private placement that closed in June 16, 2004, led by CIBC World Markets Inc. The deal featured cross-continental co-ordination and the use of a novel Quebec securities law exemption.
Hanfeng is the Canadian parent company of a Chinese group that is a leading supplier of landscape services and products for the urban greening and beautification market in China. Hanfeng’s business ranges from fertilizer production to projects such as landscaping the beach volleyball venue for the Beijing Olympics. To complete the deal in Quebec, Blakes obtained one of the first exemption orders extending the private placement accredited investor system to Quebec.
Hanfeng was represented by Blake, Cassels & Graydon, with a team comprised of Ross McKee, Chris Van Loan, Erin Burkett and Jennifer McCormick in Toronto, Alfred Buggé in Montreal, and Andrew Pollock and Anna Chen in Beijing.
CIBC World Markets was represented by Goodmans, with a team comprised of Kenneth Wiener, Victor Liu and Corie Garbati in Toronto and Leo Seewald and Ida Tsoi in Hong Kong.
Hanfeng is the Canadian parent company of a Chinese group that is a leading supplier of landscape services and products for the urban greening and beautification market in China. Hanfeng’s business ranges from fertilizer production to projects such as landscaping the beach volleyball venue for the Beijing Olympics. To complete the deal in Quebec, Blakes obtained one of the first exemption orders extending the private placement accredited investor system to Quebec.
Hanfeng was represented by Blake, Cassels & Graydon, with a team comprised of Ross McKee, Chris Van Loan, Erin Burkett and Jennifer McCormick in Toronto, Alfred Buggé in Montreal, and Andrew Pollock and Anna Chen in Beijing.
CIBC World Markets was represented by Goodmans, with a team comprised of Kenneth Wiener, Victor Liu and Corie Garbati in Toronto and Leo Seewald and Ida Tsoi in Hong Kong.