CNPLaw advised Malaysian listed company Kumpulan Perangsang Selangor Berhad in its acquisition of Toyoplas Manufacturing (Malaysia) Sdn. Bhd. through its wholly-owned subsidiary, Perangsang Dinamik Sdn. Bhd.

Deals and cases

CNPLaw advised Malaysian listed company Kumpulan Perangsang Selangor Berhad in its acquisition of Toyoplas Manufacturing (Malaysia) Sdn. Bhd. through its wholly-owned subsidiary, Perangsang Dinamik Sdn. Bhd.

 





Tuesday 30 July 2019

The Team Advising On The Transaction: Ken Chia, Wong Pei Ling, Susannah Dobbie and Adrian Toh

CNPLaw LLP (“CNP“) acted as Singapore counsel to Kumpulan Perangsang Selangor Berhad, a Malaysian listed company, on its acquisition (through its wholly-owned subsidiary, Perangsang Dinamik Sdn. Bhd.) of 100% equity interest in Toyoplas Manufacturing (Malaysia) Sdn. Bhd., a plastic injection moulding firm, in relation to the conduct of legal due diligence on a Singapore subsidiary and advice on foreign investments policies and repatriation of profits under Singapore law. The deal was signed by the parties on 17 May 2019, and was for a cash consideration of RM311,250,000 (approximately SGD102.8 million).






The Team




Ken Chia Legal Partner at CNPLaw LLP image

Ken Chia

Partner

Ken heads the Corporate advisory team in the firm and has an international focus in his corporate and M&A work and worked in business development positions with various subsidiaries of the Hang Lung Group in Shanghai and with Informa plc in Singapore.

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Wong Pei Ling Senior Legal Associate at CNPLaw LLP image

Wong Pei Ling

Senior Associate

Pei Ling has over 19 years of legal experience and has advised clients with Malaysian and Singaporean interests on their cross-border transactions, joint ventures, investments, commercial and technology agreements.

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Practice Areas: Merger and Acquisition


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