Date Published: 10 October 2014
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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