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CNPLaw LLP 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.


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Date Published: 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).


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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