19 Jan 2017
Share issuance in settlement of bond repayment for QT Vascular Ltd
Danny Lim and Caitlin Huang are advising QT Vascular Ltd. (listed on the Catalist Board of the SGX-ST) in the settlement of its first tranche due amount of US$5.475 million in respect of its 8% convertible bonds via the issuance of new shares in the company amounting to approximately 11.3% of its existing share capital.
QT Vascular is engaged in the design, assembly and distribution of advanced therapeutic solutions for the minimally invasive treatment of complex vascular diseases. It collaborates with industry specialists and physicians who are key opinion leaders to develop and offer physicians and patients new and differentiated devices to improve outcomes in complex peripheral and coronary interventions
30 Dec 2016
Reverse Takeover of LH Group Limited
Danny Lim and Cynthia Wu are acting for SAC Capital Private Limited as financial adviser, placement agent and sponsor to LH Group Limited (listed on the Main Board of SGX-ST), in the reverse takeover of the company via the acquisition of Pacific Star Development Pte. Ltd. for a purchase consideration of S$140 million.
The Pacific Star group is a reputable and premier property developer in South East Asia, and is involved in the development of luxury projects in prime locations in major city centres and/or unique locations such as waterfront marinas, leisure and hospitality projects in popular vacation destinations and resort retirement communities.
12 Dec 2016
Acquisition of shares in Machipopo, Inc. (Trading name: 17 Media)
Brian Ng, Ko Jian Xiang and Stephen Ko from the General Corporate Commercial practice group advised Paktor Pte. Ltd. in its acquisition of a controlling stake in Machipopo, Inc. (Trading name: 17 Media), a Taiwanese video streaming platform with 15 million users. Paktor Pte. Ltd. is the developer of Paktor, a social networking and dating application for users in Southeast Asia and Taiwan.
30 Nov 2016
Voluntary Delisting of Sunmart Holdings Limited
Danny Lim and Cynthia Wu are acting for Sunmart Holdings Limited (listed on the Main Board of SGX-ST) in the exit offer by Sun Bingzhong, the company's Executive Chairman and Chief Executive Officer, in connection with the company's voluntary delisting from SGX-ST.
The company and its subsidiaries are engaged in the production and sale of spray products, such as spray pumps, aluminium cans and plastic bottles that are used in the packaging of fast-moving consumer goods, pharmaceutical products and health supplements.