30 Jun 2016

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

Danny Lim and Caitlin Huang from the Capital Markets / Mergers & Acquisitions Practice Group are advising SAC Capital Private Limited and Haitong International Securities (Singapore) Pte. Ltd. as Joint Placement Agents to United Global Limited's S$10.7 million initial public offering and listing on the Catalist Board of the Singapore Exchange.

The United Global group is an established independent lubricant manufacturer and trader that provides a wide range of high quality, well-engineered lubricants under house brands such as "United Oil", "U Star Lube", "Bell1" and "HydroPure", as well as manufactures lubricants for third-party brands. United Global group's core businesses also include trading of base oils, additives and lubricants. They supply products globally to over 30 countries and territories and primarily serve the automotive, industrial and marine sectors. Immediately post-listing, United Global had a market capitalisation of S$70.7 million.