Tilleke & Gibbins advised Ligent Technologies Inc., a leading optical communications and connectivity products provider, on Thai legal and regulatory matters in connection with its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. The global offering comprised 172,014,700 shares (subject to the over-allotment option) at an offer price of HKD 32.96 per share, raising approximately HKD 5.67 billion (approximately USD 723 million).
Ligent Technologies Inc. develops, manufactures, and sells optical transceivers, optical chips, and optical network terminals used in artificial intelligence, cloud computing, telecommunications networks, broadband connectivity, and other applications. Citigroup and CITIC Securities acted as joint sponsors for the offering.
The Tilleke & Gibbins team was led by Patcharaporn Pootranon, with support from team members Narita Sakunchotikarote, Sippakorn Bunraksa, and Shiwei He.
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