Date Published: 10 July 2015
CNPLaw LLP, formerly known as Colin Ng & Partners LLP, acted for Mogul Coal Holdings Pte. Ltd. (“MCH“) on its proposed acquisition of Eratat Lifestyle Limited (Under Judicial Management) (“ELL“)’s listing status. Upon the acquisition, which shall be carried out in accordance with a scheme of arrangement entered into between ELL and its shareholders, MCH shall be listed on the Catalist Board of the Singapore Exchange Securities Trading Limited.
MCH is a company incorporated in Singapore and upon the completion of a restructuring exercise, MCH will hold several coal mining companies/assets based in Mongolia. These companies/assets include Sharyn Gol JSC, which is one of the three major thermal coal producers for Mongolia’s domestic market and is among the largest companies (by market capitalisation) listed on the Mongolian Stock Exchange, as well as, the Sharyn Gol coal mine, the Khuut Khonkhor coal mine, the Tevshiin Gobi coal deposit, and the Chandgana coal deposit. For more details, please refer to the announcement on SGX-Net made by ELL on 3 June 2015.
Having handled transactions for numerous local and foreign companies across Asia, extending across a wide range of businesses and industries, we have accumulated significant experience advising on an extensive range of corporate finance transactions.