Herbert Smith Freehills has advised Chinese food processer China Agri-Industries Holdings Ltd on its HK$4.1 billion ($526 million) rights issue.

A Hong Kong-listed subsidiary of China’s largest state-owned agricultural products and food supplier COFCO Group, China Agri is a major oilseeds processer, biofuel and biochemical maker, rice trader and brewer.

Leading the HSF team were Hong Kong-based corporate partner Tom Chau and U.S. Securities partner Kevin Roy.

J.P. Morgan advised the issuer on the financial matters.

Liu Zhen is China senior journalist at ALB. Follow us on Twitter: @ALB_Magazine.

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