Advised China Auto Corporation Ltd on the company’s acquisition in Neftech Pte Ltd

Deals and cases

Advised China Auto Corporation Ltd on the company’s acquisition in Neftech Pte Ltd

Friday 27 July 2012

Advised China Auto Corporation Ltd on the company’s acquisition of 53,631 ordinary shares in Neftech Pte Ltd (“Neftech”) for a total consideration of S$47.77 million. Neftech was primarily engaged in the development and commercialisation of its proprietary cavitation technology solutions aimed at achieving fuel savings for marine vessels.