In this section


     - Events
     - News


Home > CNP News & Events > News


News


28 July 2016


Colin Ng & Partners LLP advised and acted for UOB, the Sponsor and Issue Manager and Placement Agent in the listing of Wong Fong Industries Limited


Colin Ng & Partners LLP ("CNP") advised and acted as the solicitors for United Overseas Bank Limited ("UOB"), the Sponsor and Issue Manager and Placement Agent in the initial public offering ("IPO") of Wong Fong Industries Limited ("Wong Fong Industries") on the Catalist Board of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The IPO, by way of placement of 43 million shares in the capital of Wong Fong Industries at S$0.23 per share ("Issue Price"), raised approximately S$8 million in net proceeds. The market capitalisation of Wong Fong Industries following the IPO is approximately $54.1 million, based on the Issue Price and post-placement share capital of 235 million shares.

Wong Fong Industries, with origins which can be traced back to 1964, is one of Singapore’s leading providers of land transport engineering solutions and systems and has a presence in Singapore, Malaysia and China.

Joint Managing Partner, Ms Tan Min-Li and Partner, Mr Stephen Soh, together with Associates Ms Ho Li-Ling, Ms Chloe Song, Mr Loh Yong Hui and Foreign Associate, Ms Reiko Fukushima advised UOB on the transaction. Dentons Rodyk & Davidson LLP acted as solicitors to the placement and Wong Fong Industries.





.......................................................................................................................................................................................

  CNP's Privacy Policy          CNP Webmail          RSS          Disclaimer