OP Financial Limited (SEHK:1140) agreed to acquire a 17.97% stake in NVC Lighting Holding Limited (SEHK:2222) (‘NVC') from SAIF Partners (through its funds SB Asia Investment Fund II LP and SAIF Partners IV LP), Andrew Y. Yan and Lin Ho Ping on March 23, 2018. OP Financial will acquire 643,671,000 shares of NVC in the deal. Tommy Tong and Justin Seto from Herbert Smith Freehills served as legal advisors to the vendor group.

OP Financial Limited (SEHK:1140) completed the acquisition of a 17.97% stake in NVC Lighting Holding Limited (SEHK:2222) from SAIF Partners (through its funds SB Asia Investment Fund II LP and SAIF Partners IV LP), Andrew Y. Yan and Lin Ho Pingon on April 4, 2018.