Date Published: 9 July 2019
CNPLaw LLP (“CNP”) acted as Singapore counsel to AYS Ventures Berhad, a Malaysian listed company, in its acquisition, through its wholly-owned subsidiary, AYS Capital Sdn Bhd (formerly known as Heapi Enterprise Sdn Bhd), of 51% equity interest in Steelaris Pte. Ltd., a steel products supplier in Singapore. The deal was signed by the parties on 9 May 2019.
Each M&A deal entails the confluence of multiple legal disciplines. That is why we take great care when assembling a team for each deal, ensuring that there is an optimal mix of specialisation in the clients’ identified areas of concern, such as tax, employment and intellectual property, and necessary industry-specific experience.
We provide support to our clients at every stage of the deal. We will be there at the beginning of the process, helping to facilitate the negotiations between the parties and advising on the structure of the transaction. Once the parties have reached a consensus, we meticulously prepare the necessary documentation. Recognising that M&A deals are often the first page of a new chapter for the parties involved, we also provide post-transaction support to ensure a smooth transition such as the preparation of shareholder agreements, employment agreements, and other relevant commercial documentation.