CBI Assists Sponsors and Lawyers in Due Diligence for TS Lines (2510.HK) IPO
On November 1, 2024, T.S. Lines Limited (2510.HK, TS Lines), successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx), raising approximately HKD 1.05 billion. CBI is honored to participate in the due diligence work for this IPO Project.
TS Lines is a container shipping company specializing in the Asia Pacific region with a fleet of owned and chartered vessels. The company mainly provides services from the Greater Bay Area of China, and its container network mainly covers the Asia Pacific region, the trans-Pacific market and the Asia-Europe-Europe market. The Company adopts a liner shipping model and operates regular shipping services through designated ports on a rotational basis.
CBI provides litigation search and on-site due diligence services for this listing project. The on-site due diligence covers the company's suppliers and customers across the group, spanning as many as 17 countries and regions, including Australia, Belgium, Cyprus, India, Japan, Malaysia, New Zealand, Panama, and the UAE.