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CNPLaw LLP advised sole proprietor of DeskRight on the sale of group entities to Lyreco Group

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Date Published: 12 July 2019

The Team Advising On The Transaction: Ken Chia, Wong Pei Ling, Jolyn Wah and Susannah Dobbie.
CNPLaw LLP (“CNP“) advised Mr Koh Tian Yeow (“Mr Koh”), the sole proprietor of Deskright Office Supplies (“DeskRight”), the leading single-source contract stationer for office supplies to organisations and government agencies in Singapore, on the sale of DeskRight’s head entity, DeskRight Pte. Ltd. and its two (2) subsidiary entities, I-Pacific Office Pte. Ltd., and Jaya Stationary Supplies Pte. Ltd., to French based global distributor of workplace supplies solutions, Lyreco Group (“Lyreco”).
The sale of DeskRight to Lyreco’s Singapore established entity, Lyreco (Singapore) Pte. Ltd, will enhance Lyreco’s current ranking as a leading provider of office supplies. Mr Koh, who will stay on as managing director, will continue to oversee DeskRight’s operations in Singapore.

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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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