The Hina Group Update
"While
the U.S. economy slows, China continues to see impressive growth,
evidenced by an unprecedented US$70 billion in IPO proceeds raised last
year. At the same time, the tightening credit markets and depressed
U.S. valuations are creating a unique opportunity for Chinese companies
looking at US and global investments. This creates an interesting
opportunity for our U.S. clients looking to tap the large capital base
in Asia-Pacific and shore up their global competitive position."
- Ken Tsang, Co-Founder and Managing Director in the Silicon Valley office |
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 | Korea's largest telecom carrier, SKTelecom acquires Chinese GPS company as platform for China strategy |
| China Health Media, the leading In-hospital LCD Advertiser, completes $35 million fund raise and two M&A Rollup transactions |
| State-Owned Enterprise completes precedent setting Greentech Restructuring |
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| The Hina Group awarded "Best Private Equity Firm" and "Best Cross-Border Investment Bank" by the China First Financial Daily |
| CEO,
Dr. Chen Hong, named one of the "Top Ten Chinese Global Investors" and
one of "China's Top Ten Wealthy and Intelligent Figures of 2007" |
| Zhao
Xiaobing, Managing Director of The Hina Group, was recognized as one of
the "Top 100 Most Influential People in the Chinese Handset Industry
2007" |
The
Hina Group is an investment banking and private equity firm focusing on
cross-border opportunities between China and the global community. Hina
was launched in April 2003 with offices in Silicon Valley, Beijing,
Shanghai and Singapore. Over the last 3 years, our team of 65
professionals has completed $2 billion in M&A and private financing
transactions.
For more information on The Hina Group or details about recent transactions please contact
sgarz@hinagroup.com
| RECENT TRANSACTION DESCRIPTIONS |
February
18, 2008 - SK Telecom, Korea's largest telecom carrier and $12 billion
subsidiary of the SK Group, acquired Shenzhen E-eye High Tech. Co.,
Ltd., one of China's premier vehicle-based GPS terminal producers and
operation service providers. The transaction will serve as a base for
SK Telecom to develop opportunities in network, media and content
service areas. The deal structure ensured that SK Telecom had a
controlling interest, while allowing the Chinese management team to
continue leading the company's operations. The Hina Group served as
exclusive financial advisor to SK Telecom on this transaction.
January
21, 2008 - China Health Media announced the completion of a $35 million
fund raise and two significant acquisitions that position the company
with an 80% share of the in-hospital LCD advertising market. The first
transaction involved the acquisition of Focus Media's domestic hospital
ad network and a $5 million strategic investment by Focus Media in
exchange for a 20% equity stake in China Health Media. In a second
transaction, China Health Media will acquire Shenzhen Kingsmedia, its
largest competitor in Southern China. The Hina Group acted as exclusive
financial adviser to China Health Media in the private placement and
two M&A transactions. Commenting on the deal, Ken Tsang, Managing
Director states: "Hina continues to be very active on roll-ups in the
media sector. This deal follows our investment in Framedia, and
subsequent role as exclusive financial adviser to Framedia in its 8
roll-up acquisitions and eventual sale to Focus Media for $183 million."
December
19, 2007 - China Academy of Aerospace Aerodynamics (CAAA) announced the
successful restructuring of its Environmental Protection Department. As
exclusive financial adviser for the restructuring, the Hina Group
provided comprehensive advice, including guidance on feasibility
considerations, valuation, and transaction structuring. This successful
restructuring of a state-owned enterprise sets a precedent for The Hina
Group, which is the industry leader in middle-market investment banking
among private sector Chinese companies.