Maples and Calder, the Maples Group’s law firm, is pleased to have advised Winking Studios Limited (“Winking Studios”) on its dual listing, the placement of 52,666,667 shares and the admission of its share capital to trading on AIM of London Stock Exchange. The dual listing, which closed on 14 November 2024, raised approximately ?7.9 million. Notably, Winking Studios is the first Asian gaming company to list in the UK and the first gaming company in the world to be dual listed on the Singapore and London Stock Exchanges.
Winking Studios is majority-owned by Acer Gaming, the gaming arm of Taiwan-listed electronics company Acer. It is an art outsourcing and game development services provider offering complete end-to-end art outsourcing and game development services across various platforms such as console, PC, online and handheld content for the video games industry. Winking Studios is currently the fourth largest game art outsourcing company globally.
A team based in the firm’s Hong Kong office acted as Cayman Islands counsel to Winking Studios and was led by Corporate Partner, Juno Huang and assisted by Associate, Janelle Ho. The Maples Group previously acted as Cayman Islands counsel to Winking Studios in relation to its initial public offering and the listing on the Catalist of the Singapore Exchange Securities Trading Limited[1] in 2023.
Commenting on the transaction, Juno said “We are delighted to have supported Winking Studios through their listing journey, from their initial listing in Singapore to this remarkable achievement. This showcases the growing influence of Asian innovation in the global gaming industry.”
CMS Cameron McKenna Nabarro Olswang acted as UK legal counsel and Rajah & Tann Singapore acted as Singapore legal counsel to Winking Studios. Fieldfisher acted as UK legal counsel to the adviser, Strand Hanson Limited and broker, S.P. Angel Corporate Finance LLP. ~ ENDS ~
About the Maples Group
The Maples Group, through its leading international law firm, Maples and Calder, advises global financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg. With offices in key jurisdictions around the world, the Maples Group has specific strengths in areas of corporate commercial, finance, investment funds, litigation and trusts. Maintaining relationships with leading legal counsel, the Group leverages this local expertise to deliver an integrated service offering for global business initiatives. For more information, please visit: .
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