Ropes & Gray Represents Japanese Entertainment Company in First Hong Kong IPO
Ropes & Gray represented DYNAM JAPAN HOLDINGS Co., Ltd. as its international counsel in its listing on the Main Board of the Hong Kong Stock Exchange and concurrent Reg S/Rule 144A global offering. DYNAM is Japan’s second largest pachinko operator, a game similar to pinball and unique to Japan. DYNAM is the first Japanese company to ever have a primary listing in the Hong Kong market and the first company in the pachinko industry to list in any market in the world. DYNAM’s IPO raised approximately US$203 million, making it the fifth largest IPO in Hong Kong thus far in 2012.
The Ropes & Gray team was assisted by tax partner Elaine Murphy.