On April 26, 2007, China Molybdenum Co., Ltd. (CMOC [03993]) became the world's largest publicly-held molybdenum producer when it listed on the Hong Kong Stock Exchange with an initial offering of 1,083,600,000 shares. China Molybdenum will raise approximately HK$ 7.1 billion from this offering, prior to any exercise of its over-allotment option. The retail portion of the offering was over-subscribed nearly 400 times. Llinks acted as PRC Legal Counsel to China Molybdenum on this transaction, providing comprehensive legal services for both the initial public offering and Hong Kong listing.
April 26, 2007