Date Published: 10 October 2014
The Team Acting On The Case: Pradeep Kumar Singh, Hope Wee, Michelle Chan and Ho Li Ling.
CNPLaw LLP (“CNP”), formerly known as Colin Ng & Partners LLP, acted for Aztech Group Ltd. (“Aztech“), a Singapore Exchange Mainboard-listed corporation whose core businesses include, inter alia, the ownership, chartering, operation and management of sea going vessels, as well as the provision of marine transportation, logistics and support services, in the acquisition of 100% of the shares of Glenn Marine Logistics Base Pte. Ltd. (“GMLB“), a company also involved in the principal activity of provision of marine logistics services and which owns a Jurong Town Corporation leasehold shipyard located at 15D Pandan Road, Singapore 609266. The acquisition of GMLB together with its shipyard is in line with Aztech’s overall strategy to strengthen its core marine logistics capability and expand its ship repair and maintenance capacity.
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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.