Baker McKenzie Advised on the Privatization of Minmetals Land Limited
Baker McKenzie advised June Glory International Limited, a subsidiary of China Minmetals Corporation, in connection with the
Baker McKenzie Advised on the Privatization of Minmetals Land Limited
Baker McKenzie advised June Glory International Limited (the Offeror), a subsidiary of China Minmetals Corporation, in connection with the privatization of Minmetals Land Limited (stock code: 230) (Minmetals Land) by way of a scheme of arrangement under Section 99 of the Companies Act 1981 of Bermuda. The shares of Minmetals Land are expected to be delisted from the Hong Kong Stock Exchange on 3 March 2026, following the approval of the scheme at the Court Meeting and the Special General Meeting held on 9 February 2026, and the anticipated court sanction later in this month.
Minmetals Land is principally engaged in the business of real estate development, property management, specialized construction and property investment.
Commenting on the deal, Wang Hang said: “This privatization involved an accelerated timeline and multi jurisdiction regulatory considerations. We are pleased to have supported our client throughout this complex process. The successful progression of the deal underscores the strong cross border capabilities of the Baker McKenzie and FenXun joint operation platform, particularly in advising on strategic transactions involving major state-owned enterprises.”
Yolanda Zheng also commented: “We are delighted to have advised on this significant privatization transaction. The deal further demonstrates our strong capabilities and extensive track record in take private matters involving Hong Kong listed companies.”
The Baker McKenzie deal team, comprised of lawyers from Baker McKenzie and FenXun* and was led by Wang Hang (Partner/ Capital Markets/ Co Head, China) together with Yolanda Zheng (Partner/ International Capital Market, FenXun).
The core side of the team included Bonnie Lau (Special Counsel), Michael Chau (Senior Associate), Serena Shao (Associate) and Vicky Ding (Associate).
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