03 Aug 2022

S$305 million acquisition of a 50% stake in Ethoz Group Ltd. by Tan Chong Investments Limited

Partners Evelyn Wee, Tan Mui Hui, and James Chan from Rajah & Tann Singapore acted for Ethoz Group Ltd. ("Ethoz"), and Tan Chong Investments Limited ("Tan Chong") in the S$305 million acquisition by Tan Chong of a remaining 50% stake in Ethoz. This transaction represented one of the largest publicly-announced acquisitions in the automotive and financing solutions industry in Singapore in recent years.