Guide to Takeovers and Mergers in Singapore 2017

CNPupdate

 

Guide to Takeovers and Mergers in Singapore 2017


A photo of the Parliament building of Singapore



Date Published: 11 April 2017




 

This guide discusses some of the regulatory requirements to be complied with by parties involved in a take-over in Singapore, following the revision to The Singapore Code on Take-overs and Mergers (“Code“) effective on 25 March 2016 (“2016 amendments“).

There were amendments to the Companies Act, governing the compulsory acquisition mechanism that came into effect on 3 January 2016 (“Companies Act Amendments”).

This memorandum states the position under the laws, regulations and rules as in July 2016. Readers should note that this guide seeks only to be an introduction to some of the compliance obligations involved in a take-over in Singapore and should not be treated as comprehensive. This guide should not be relied on as legal advice.

 

CNPLaw’s Mergers and Acquisitions Lawyer

Bill Jamieson is a Partner at CNPLaw LLP. Bill is an English lawyer who is also registered to practise Singapore law in the areas of corporate law, banking and finance and securities laws. He enjoys working in the diverse and dynamic Asian market and helping his clients to achieve their goals.
Partner

    Bill’s practice focuses on corporate financing transactions, investment funds, mergers and acquisitions, private equity, and employment law matters. His experience includes 10 years in the City of London and over 20 years in Asia. Before joining CNP, Bill was a partner in a well-known international law firm. He is recommended lawyer for Corporate and M&A, Banking and Finance, Investment Funds and Labour and Employment in Legal 500 Asia Pacific 2021. Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers and Partners in its highest category, “Elite”, amongst all global law firm networks.


    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.




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