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CNPLaw LLP acted for RELX (Singapore) Pte Ltd in its Business Restructuring in Indonesia

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The CNP team comprises: Ken Chia, Hazel Ho-Tsastsina and Yeoh Tze Ning.
CNPLaw LLP (“CNP”) acted for RELX (Singapore) Pte Ltd (“RELX”) in a divestment of four exhibitions by PT Reed Panorama Exhibitions (set up as a joint venture between RELX and Panorama Group) to PT Reed Exhibitions Indonesia as part of a business restructuring exercise. The four exhibitions are Indonesia Maternity Baby & Kids Expo, Mommy n’ Me Indonesia, Mining & Engineering Indonesia and Indonesia Maritime Expo which are held in Indonesia. The divestment involved both asset and share transfers which were completed on 30 December 2020. Following the divestment, PT Reed Panorama Exhibitions has been renamed as PT Pameran Masa Kini and will continue to focus on growing its remaining exhibitions.

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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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