21 Jan 2014
EuroSports Global Limited launches first Catalist IPO in 2014
Howard Cheam, Jerry Loo and Koh Choon Yee from Rajah & Tann’s Capital Markets and M&A Practice and Yon See Ting and Kelvin Kho from Rajah & Tann’s associate firm in Malaysia, Christopher & Lee Ong, acted for EuroSports Global Limited in its successful debut on the Singapore Exchange’s Catalist board. The offer size was 80 million shares with the total value of S$22.4 million. Trading began on Friday, 17 January 2014.
The EuroSports group presently carries ultra-luxury and luxury brands comprising mainly Lamborghini, Pagani and Alfa Romeo, and customised automobiles supplied by Touring Superleggera. The EuroSports group is the only authorised dealer for Lamborghini automobiles in Singapore and the only exclusive distributor for Alfa Romeo automobiles in Singapore. The EuroSports group had also secured exclusive distributorship rights for the deLaCour brand of watches for Singapore, Malaysia, Indonesia, Thailand and Brunei since 2012.
With the involvement of its associate firm in Malaysia, Rajah & Tann has again proven its ability to leverage on the collective expertise of its regional offices, as well as its regional capabilities to provide one-stop services to clients.