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CNPLaw LLP advised ADERA AI on its joint venture with BreadTalk Group

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The CNP team comprises: Ken Chia, Hazel Ho-Tsastsina and Yeoh Tze Ning.

CNPLaw LLP (CNP) advised Singapore-based technology services group, ADERA AI on its joint venture with recently delisted food and beverage (F&B) player, BreadTalk Group.  

The joint venture provides significant opportunities for ADERA AI to introduce and deploy its fintech and digital solutions to BreadTalk Group’s established F&B businesses. It comes amid the Covid-19 pandemic where technology has become an essential tool to overcome operational challenges and enhance business agility. Specifically, the joint venture will develop innovative fintech and digital solutions targeted at small and medium-sized enterprises and set up a blockchain-based supply-chain financing platform with digitalised processes and document automation. 

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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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