Estes Investment Ltd, Sather Gate Investment Ltd, Boardwalk South Ltd and Whistler Investment Ltd acquired 15% stake in Asia Commercial Joint Stock Bank (HNX:ACB) (ACB) from Standard Chartered Bank (Hong Kong) Limited and Standard Chartered APR Limited on January 9, 2018. Standard Chartered APR Limited transferred 89.9 million shares, equivalent to 8.75% of ACB’s capital, to Estes Investment Ltd and Sather Gate Investment Ltd. Standard Chartered Bank (Hong Kong) sold 64.2 million shares, or 6.25% of ACB’s capital, to Boardwalk South Ltd, Whistler Investment Ltd and Estes Investment Ltd. Post transaction, Standard Chartered Bank (Hong Kong) Limited and Standard Chartered APR Limited will not hold any stake in ACB. Mayer Brown JSM acted as a legal advisor for Standard Chartered Bank (Hong Kong) Limited and Standard Chartered APR Limited. Estes Investment Ltd, Sather Gate Investment Ltd, Boardwalk South Ltd and Whistler Investment Ltd completed the acquisition of 15% stake in Asia Commercial Joint Stock Bank (HNX:ACB) from Standard Chartered Bank (Hong Kong) Limited and Standard Chartered APR Limited on January 9, 2018.