Colin Ng & Partners LLP (“CNP“) acted for transcosmos inc. (“TCI“), a major Japanese business process outsourcing services group listed on the Tokyo Stock Exchange, on the acquisition of 34.3% of the voting share capital of Anchanto Pte. Ltd. (“Anchanto“), a Singapore based E-commerce fulfilment company with sales channels to E-Commerce retailers in ASEAN countries and India.
The parties view the transaction as a capital and business alliance that will enable TCI to deliver its clients’ products to consumers through E-Commerce retailers in ASEAN and India, by integrating TCI’s “global E-Commerce one-stop services” know-how with the E-Commerce fulfilment capabilities provided by Anchanto.
TCI provides a comprehensive, one-stop global E-Commerce service to deliver its clients’ products and services to consumers in 36 countries and aims to be the “Global Business Process Outsourcing Partner” of its clients by providing them with high quality business process outsourcing services on a global scale.
The CNP lawyers advising TCI as to Singapore law were Bill Jamieson, Partner, and Christensen Woo, Associate. The US counsel advising TCI was Chris Evans, Managing Member of venture counsel law international, pllc in Seattle.