12 May 2017
QT Vascular - Disposal by way of an asset purchase option agreement to Medtronic
Danny Lim has acted as Singapore counsel to Singapore-listed QT Vascular on the disposal, by way of an asset purchase option agreement, to Medtronic of its non‐drug coated Chocolate® PTA Balloon Catheter product, which is used in the treatment, prevention, diagnosis or management of diseases in the peripheral vasculature. QT Vascular designs, assembles and distributes advanced therapeutic solutions for the minimally invasive treatment of complex vascular diseases.
05 May 2017
TEE International - Disposal of a substantial stake to Yinda
Danny Lim and Chia Lee Fong have advised Singapore-listed TEE International, one of the controlling shareholders in Singapore-listed CMC Infocomm, on its disposal of a substantial stake in the company to Yinda, thereby triggering a mandatory general offer on the purchaser's part. CMC Infocomm group provides integrated communication solutions and services to communications network operators and communication network equipment vendors in Singapore, Malaysia, Thailand and the Philippines.
02 May 2017
Noble Design Holdings - Disposal of entire stake to Grand Slam RF18 Investments
Danny Lim and Chia Lee Fong have advised one of the controlling shareholders in Singapore-listed Noble Design Holdings on the disposal of his entire stake in the company to Grand Slam RF18 Investments, thereby triggering a mandatory general offer on the purchaser’s part. Noble Design provides design consultancy for interior and space planning for both commercial and residential projects. It also exclusively distributes and retails imported European home furnishing brands and has further conceptualised and retailed its house labels.
01 Apr 2017
Privatisation Scheme of Arrangement by Oscar Investment Private Limited for the Shares and Warrants in TEE International Limited
Danny Lim, Penelope Loh and Caitlin Huang are advising Oscar Investment Private Limited in its privatisation and delisting of TEE International Limited, which is listed on the Main Board of the SGX-ST, pursuant to a scheme of arrangement under Section 210 of the Singapore Companies Act, whereby Oscar Investment is offering cash or new shares for existing shares of TEE International. Based on the offer price of S$0.215 per share, the group is valued at approximately S$148 million. The group has three business divisions, comprising businesses in engineering, real estate and infrastructure.