Harneys Cyprus advises on restructuring of China Merchants Port Group

Harneys has advised China Merchants Port Group Co., Ltd. (formerly Shenzhen Chiwan Wharf Holdings Limited), a PRC-listed, China based port services company (CMPG) in connection with its acquisition of Thesar Maritime Limited and its internal restructuring. Following the restructuring, CMPG became a controlling shareholder of China Merchants Port Holdings Company Limited, a Hong Kong-listed company whose ultimate holding company is China Merchants Group Limited.

Harneys Partner Demetris Loizides led the team and commented: “We are delighted to have acted on this restructuring which showcased the expertise of our team.” The team also included Senior Associates Valentina Hadjisoteriou and Sonia Hamshaw.