Hogan Lovells Advises Macquarie on Top-Up Placing and Block Trade

HONG KONG, 7 February 2013 – Hogan Lovells has closed two transactions for Macquarie Capital Securities Limited ("Macquarie") for a combined value of over US$90 million in the past two weeks.

Hogan Lovells advised Macquarie, CCB International Capital Limited and Guotai Junan Securities (Hong Kong) Limited as bookrunners and placing agents in respect of the sale of 120 million existing shares in Comtec Solar Systems Group Limited ("Comtec") by Fonty Holdings Limited ("Fonty") and the subscription of the same number of new shares by Fonty, raising approximately HK$203.8 million (US$26.2 million). Fonty is Comtec's controlling shareholder.

In addition, the team advised Macquarie as the sole bookrunner and placing agent in the sale of 125.3 million shares in NeoOcean Energy Holdings Limited ("NeoOcean Energy"), raising up to HK$513.7 million (US$65.9 million).

Both Comtec and NeoOcean are listed on the Hong Kong Stock Exchange.

The Hogan Lovells team advising on both transactions was led by Hong Kong partner Terence Lau, supported by partner Thomas Tarala and associate Sheryl Cheung.

ENDS


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