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

Deals and cases

 

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


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.

 

CNPLaw’s Corporate Advisory Lawyers

Ken Chia Legal Partner at CNPLaw LLP image

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.




Wong Pei Ling Senior Legal Associate at CNPLaw LLP image

Partner

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.




Jolyn Wah Associate at CNPLaw
Associate

Jolyn’s main area of practice includes corporate advisory and employment matters. Jolyn was trained in various practice areas of law with a focus on commercial litigation and family law prior to joining CNP.



Each M&A deal entails the confluence of multiple legal disciplines. That is why we take great care when assembling a team for each deal, ensuring that there is an optimal mix of specialisation in the clients’ identified areas of concern, such as taxemployment and intellectual property, and necessary industry-specific experience.

We provide support to our clients at every stage of the deal. We will be there at the beginning of the process, helping to facilitate the negotiations between the parties and advising on the structure of the transaction. Once the parties have reached a consensus, we meticulously prepare the necessary documentation. Recognising that M&A deals are often the first page of a new chapter for the parties involved, we also provide post-transaction support to ensure a smooth transition such as the preparation of shareholder agreementsemployment agreements, and other relevant commercial documentation.





CNPLaw’s Real Estate practice has the expertise, experience and resources to handle work spreading across the residential, commercial and industrial asset classes, and to advise on all aspects of property transactions in Singapore. Our major clients include multinational corporations (MNCs), small and medium-sized enterprises (SMEs), property developers, construction companies, property funds, property-holding entities, asset managers, family offices, non-profit organisations, real estate investment trusts (REITs), as well as government agencies.