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CNPLaw LLP advised Integra Holdings Pte. Ltd. on sale of Granite Capital SA to Zibo Qixiang Tengda Chemical Co., Ltd


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Date Published: 14 May 2018
The Team Advising On The Transaction: Bill Jamieson, Abel Ho, Joey Ho and Michelle Chan.

CNPLaw LLP, formerly known as Colin Ng & Partners LLP, acted for Integra Holdings Pte. Ltd. (“Integra”) on the sale of 51% of Granite Capital SA (“Granite”) to Zibo Qixiang Tengda Chemical Co., Ltd, through its wholly owned subsidiary, Qi Xiang Teng Da Supply Chain Hong Kong Limited, for a cash consideration of US$ 36 million.

Granite is a Swiss based leading petrochemical commodity trader established since 1989. Zibo Qixiang Tengda Chemical Co., Ltd is engaged in R&D, production and distribution of fine chemicals and is listed on the Shenzhen Stock Exchange. The implied equity value of the target in this transaction is over US$ 70 million.


This article is provided to you for general information and should not be relied upon as legal advice. The editor and the contributing authors do not guarantee the accuracy of the contents and expressly disclaim any and all liability to any person in respect of the consequences of anything done or permitted to be done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents.

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