The team involved in the transaction: Ken Chia, Hazel Ho-Tsastsina and Sylvia Koh.
CNPLaw LLP acted for CITIC Telecom International (SEA) Pte Ltd (“CITIC Telecom”) in its amalgamation with Pacific Internet (S) Pte Ltd (“Pacific Internet”) which became effective on 1 July 2021.
CITIC Telecom and Pacific Internet were both wholly-owned subsidiaries of Acclivis Technologies and Solutions Pte Ltd. Following the amalgamation, Pacific Internet is now the surviving entity and will continue to provide telecommunication services in Asia Pacific.
CNP was instructed by Wendy Yeo of CITIC Telecom who commended the CNP team, saying “The CNP team has been very helpful and responsive in guiding us through the entire amalgamation process and we are very grateful to have them on our side.”
GENERAL DISCLAIMER
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.