Paul Hastings Represents Sinochem Group Subsidiary on Share Placement

January 07, 2013

Hong Kong (January 7, 2013) - Paul Hastings, a leading global law firm, announced today that it represented Greatpart Limited (Greatpart), a wholly-owned subsidiary of Sinochem Group, in the share placing of Far East Horizon Ltd. (Far East Horizon), a leading financial services company focusing on financial leasing. Sinochem Group is one of the largest Chinese state-owned enterprises.

Greatpart reduced its equity interest in Far East Horizon by placing approximately 11.38% of issued share capital to other investors through UBS. Greatparts equity interest in Far East Horizon has thus been reduced from 39.32% to 27.94%.

The Paul Hastings team was led by partners Vivian Lam and Catherine Tsang with support from associate Anthony Pang.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.