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Acquisition of Solarfun Power Holdings by Hanwha Chemical Corporation

Shin & Kim has represented Hanwha Chemical Corporation in respect of its acquisition of up to 49.9% of Solarfun Power Holdings Co., Ltd., a Cayman Islands company listed on NASDAQ.  The transaction was signed on 3 August 2010 and is expected to be completed by the end of September 2010, subject to government approvals.  The condition precedents to the completion of the transaction include, among others, obtainment of antitrust approvals.  Sung Geun Kim, Myong Hyon (Brandon) Ryu and Joo Bong Jang of the firm's M&A practice group led the advisory team.
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