Mandatory unconditional cash offer for shares in Viking Offshore and Marine Limited

Advised the joint offerors, comprising Mr. Toh Kok Soon, Synergy Supply Chain Management Sdn. Bhd., Irelia Management Sdn. Bhd., Tristan Management Sdn. Bhd. and Subtleway Management Sdn. Bhd., in their mandatory unconditional cash offer for the shares and warrants of Viking Offshore and Marine Limited, which is listed on the Catalist Board of the Singapore Exchange Securities Trading Limited. Based on the offer price of S$0.01 per share, the company is valued at approximately S$5.5 million. The group is engaged in offshore and marine services to yards, vessels owners and oil majors, and designs, manufactures and installs heating, ventilation, air conditioning and refrigeration systems for offshore oil platforms. Partners Danny Lim, Tan Mui Hui and Cheryl Tay led the transaction.