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Advised the JLMs on the issue of US$67m bonds by Dongtai Communication Investment & Construction

Chungs Lawyers (in association with DeHeng Law Offices) advised the joint lead managers on the issuance of US$67,000,000 5.80% Bonds due 2022 by Dongtai Communication Investment And Construction Group Co., Ltd. (the “Issuer”), which is listed on the Hong Kong Stock Exchange (stock code: 40565).

The Issuer is a state-owned enterprise located in Dongtai City that is entrusted by the Dongtai Municipal Government to undertake construction of transportation infrastructure, municipal roads and bridges, water conservancy facilities and public and social welfare facilities within or around Dongtai City.

Listing of the bonds on the Hong Kong Stock Exchange commenced on 29 January 2021.

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