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25 April 2014


Colin Ng & Partners LLP advised and acted for Catalist-listed Equation Corp Limited (Equation) in a S$6.8 million rights issue


Colin Ng & Partners LLP ("CNP") advised and acted for Catalist-listed Equation Corp Limited (Equation) in a S$6.8 million rights issue, completed on 24 April 2014.

The rights issue was oversubscribed, with valid acceptances and excess applications representing approximately 206.07% of the total number of 982,745,929 rights shares that were available for subscription, received. Equation is an investment holding company of a group whose core businesses include the provision of electronic waste recycling services, energy auditing management and professional engineering consultancy services, sales and distribution of audio, video and other consumer electronic products, the supply and trading of construction materials, and the ownership and management of DiSa, a patented end-to-end security system.

CNP partner Gregory Chan and associate Andrew Ng, advised on the transaction.





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