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Maples and Calder acted as Cayman Islands legal adviser for Tingyi (Cayman Islands) Holding Corp (the "Company") in its listing of 380 million Taiwan Depository Receipts on the Taiwan Stock Exchange. The Taiwan Depository Receipts represented shares held by Tsin Hsin, a majority shareholder in the Company. Trading commenced on 16 December 2009. Joint Managing Partner Christine Chang led the Maples team. The Company is listed on the Main Board of the Hong Kong Stock Exchange and is a leading food and beverage manufacturer based in China. Jones Day, Taipei acted as the Company's Taiwanese counsel.
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