Date Published: 13 December 2010
CNPLaw LLP, formerly known as Colin Ng & Partners LLP, advised Scintronix Corporation Ltd in its acquisition of the entire issued share capital in Engseng Plastic Industries Sdn Bhd (“Engseng”) for a total consideration of RM10,000,000, to be satisfied in cash and the issue of new shares in Scintronix Corporation Ltd. Engseng was in the business of manufacturing plastic injection moulding, assembly, printing, silk screening and hot stamping.
Each M&A deal entails the confluence of multiple legal disciplines. That is why we take great care when assembling a team for each deal, ensuring that there is an optimal mix of specialisation in the clients’ identified areas of concern, such as tax, employment and intellectual property, and necessary industry-specific experience.
We provide support to our clients at every stage of the deal. We will be there at the beginning of the process, helping to facilitate the negotiations between the parties and advising on the structure of the transaction. Once the parties have reached a consensus, we meticulously prepare the necessary documentation. Recognising that M&A deals are often the first page of a new chapter for the parties involved, we also provide post-transaction support to ensure a smooth transition such as the preparation of shareholder agreements, employment agreements, and other relevant commercial documentation.