CNP acts for Mogul Coal Holdings Pte. Ltd. on its proposed acquisition of listing status from Eratat Lifestyle Limited (Under Judicial Management)

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Deals and cases

CNP acts for Mogul Coal Holdings Pte. Ltd. on its proposed acquisition of listing status from Eratat Lifestyle Limited (Under Judicial Management)

Friday 10 July 2015

Colin Ng & Partners LLP (“CNP“) is acting 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.

The CNP lawyers acting for MCH are Managing Partner Tan Min-Li, Senior Associate Fong Zhiguang and Associate Loh Yong Hui from the firm’s Corporate Finance team.

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.