RM 370 million disposal of interest by Leader Environmental Technologies Limited to a consortium

Rajah & Tann Singapore, member firm of Rajah & Tann Asia, is acting for Leader Environmental Technologies Limited in its RM 370 million disposal of interest in AIWater (Anhui) Co., Ltd. (“AIWater”) and UG Water Pte. Ltd. to a consortium. AIWater is a Chinese company that develops and utilises artificial intelligent technology in the management of wastewater treatment plants. Partners Danny Lim and Cynthia Wu from the Mergers & Acquisitions Practice are leading the transaction.