Selected Private Equity Transactions
THE EDGE SINGAPORE: Shares in Leader Environmental Tech open 27.4% higher as Chinese cleantech fund invests US$15 mil in the company (Financial Advisor)
THE STRAITS TIMES: Sunpower to raise US$70m from existing Chinese private equity investors (Financial Advisor / Arranger)
THE BUSINESS TIMES: Sunpower Group to issue US$110m of convertible bonds to investor (Financial Advisor / Arranger)
THE BUSINESS TIMES: KKR invests US$40m through subscription of new shares in United Envirotech (Arranger)
THE BUSINESS TIMES: KKR subscribes for US$114m of convertible bonds by United Envirotech (Arranger)
THE STRAITS TIMES: Blackstone subscribes for US$45m of convertible bonds by China Animal (Arranger)
Selected M&A Transactions
THE BUSINESS TIMES: Aw Cheok Huat’s offer for ICP closes with 60.32% valid acceptances (Financial Advisor to Offeror)
COMPANY ANNOUNCEMENT: Kawamura acquires Singapore-based switchgear company, Syntech (Financial Advisor / Arranger to Seller)
THE EDGE SINGAPORE: Sunpower disposes manufacturing and services business for $463.0 mil (Financial Advisor)
NNA (KYODO NEWS GROUP): Tanaka Optical to buy 80% stake in Singapore's FLO Optics to go overseas (Arranger)
THE BUSINESS TIMES: Delong up 15.8% to S$6.96 after CEO revives S$7/share cash offer (Financial Advisor to Offeror)
THE BUSINESS TIMES: China Auto Electronics privatises at S$0.16 per share (Financial Advisor to Offeror)
COMPANY ANNOUNCEMENT: Platinum Equity Acquired Ying Shing Enterprises Ltd (Joint Arranger to Seller)
THE BUSINESS TIMES: SingPost acquires New Zealand-based freight forwarder (Financial Advisor to Seller)
FINANCIAL TIMES: KKR and Citic in joint US$1.5bn bid for control of United Envirotech
(Financial Advisor to Offeree)
COMPANY ANNOUNCEMENT: Japan WILL GROUP, Inc. acquired Singapore Scientec Consulting Pte Ltd for S$ 3,978,000 (Arranger)
COMPANY ANNOUNCEMENT: Singapore Post Ltd acquired F.S. Mackenzie Ltd for S$14.8m (Financial Advisor to Seller)
THE EDGE SINGAPORE: United Envirotech acquired Memstar for S$293.4m (Sell-side Financial Advisor / Arranger)
THE EDGE SINGAPORE: SingPost boosted its e-commerce logistics with $60m acquisition (Arranger)