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The Hong Kong office of the Firm represented Honma Golf Limited (“HONMA”) in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 133,991,000 ordinary shares (prior to the exercise of the overallotment option), which raised approximately HK$1,339.9 million (US$174.2 million) in gross proceeds. The ordinary shares of HONMA are listed on the Hong Kong Stock Exchange. Morgan Stanley Asia Limited acted as the sole sponsor and sole global coordinator. Morgan Stanley Asia Limited and Nomura International (Hong Kong ) Limited acted as joint bookrunners and joint lead managers.

HONMA is one of the most prestigious and iconic brands in the golf industry. Founded in 1959, HONMA predominantly designs, develops, manufactures and sells a comprehensive range of aesthetically crafted and performance-driven golf clubs. According to industry survey, HONMA ranks among the top ten golf brands and is the number one brand for premium golf clubs in the world in terms of retail sales in 2015.

The Simpson Thacher team for the transaction included Christopher Wong, Chris Lin, Tao Li, Kai Fan and Grace Wong (Corporate); John Creed and George Davis (Tax).