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CNPLaw LLP acted for the founder-shareholders in their divestment of their entire stake in Votiva Singapore Pte. Ltd.


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The team involved in the transaction: Ken Chia and Lai Zheng Yong

Ken Chia and Lai Zheng Yong of CNPLaw LLP (“CNPLaw”) acted for the founder-shareholders of Votiva Singapore Pte. Ltd. (“Votiva”) in the divestment of their entire equity stake in Votiva to Yokogawa Engineering Asia Pte. Ltd. (“Yokogawa”), a subsidiary of Yokogawa Electric Corporation, a Japanese multinational corporation in the business of providing industrial automation and control solutions. Votiva is the parent company of a group of companies in Southeast Asia, which provide IT consultancy and outsourcing services, including implementation of enterprise resource planning (“ERP”) and customer relationship management software.

The acquisition propels Yokogawa’s expansion of its ERP services as it taps on Votiva’s existing offerings and networks to accelerate the implementation of ERP solutions for customers both within and beyond Southeast Asia.

Following the completion of the transaction in September 2022, Votiva will be renamed to Yokogawa Votiva Solutions.
The founder-shareholders extended their thanks to both Ken Chia and Lai Zheng Yong for their professional advice as well as the exceptional effort and support rendered throughout the course of the transaction.


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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