07 Jul 2016

IPO and Listing of Advancer Global Limited on Catalist Board of Singapore Exchange

Danny Lim, Lim Ee Nian and Alina Tan from the Capital Markets / Mergers & Acquisitions Practice Group are advising SAC Capital Private Limited as legal advisers to the sponsor, issue manager, underwriter and placement agent on Singapore law, in respect of the initial public offering and listing of Advancer Global Limited on the Catalist Board of the Singapore Exchange Securities Trading Limited.

The Advancer Global group is an established and diverse integrated services provider offering workforce solutions and services in Singapore through its employment services business, cleaning and stewarding services business and its security services business. Its portfolio includes well-recognised brand names such as "NATION" (for foreign domestic worker employment agencies), FIRST STEWARDS" and "MASTER CLEAN" (for cleaning and stewarding services) and "KC SECURITY and "KH SECURITY" (for security services).

Immediately post-invitation, the market capitalisation of Advancer Global Limited is expected to be approximately S$38.1 million.