YOON&YANG

Successful Listing on the KOSDAQ of the Chinese Food Company

Recent Matters
2018.12.03

On November 30, 2018, Wing Yip Food (China) Holdings Group Limited (“Wing Yip Food”) undertook its initial public offering (IPO) on the Korea’s KOSDAQ market. Wing Yip Food is a Chinese food company and its listing on the KOSDAQ represents a significance for the listing of a Chinese company on the Korea’s stock market in a year and three months. Wing Yip Food’s listing was valued at KRW 20.4 billion at KRW 2,000 per share.

Wing Yip Food is a food company headquartered in Hong Kong that has two subsidiaries in China.

Yoon & Yang LLC successfully advised Wing Yip Food on all aspects of the listing process. Yoon & Yang assisted Wing Yip Food in successfully completing in its listing by providing legal advice on amendment to the its articles of incorporation, filing the legal opinion, preparing for the application for preliminary eligibility review and the registration statement and reviewing all the relevant agreements including the transfer agency agreement.

[Media coverage]

[Market Insight] China's Wing Yip Food to List Its Shares in the Korean Stock Market