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Woo Kwan Lee & Lo advised Tianjin Development
Holdings Limited on spin-off of its subsidiary, Tianjin
Port Development Holdngs Limited, on HKSE
Woo Kwan Lee & Lo advised Tianjin Development Holdings Limited on the spin-off of its subsidiary, Tianjin Port Development Holdings Limited, on the Main Board of the Hong Kong Stock Exchange by way of placing and public offer.  The proceeds raised amounted to approximately HK$1,182 million.  Tianjin Port Develeopment Holdings Limited is a leading terminal operator in the Bohai Bay of China, and operates China’s first and Tianjin’s single largest container terminal as measured by TEU throuhgput for the year ended 31 December 2005.