Gwendolyn Gn

Capital Markets

• Placement of up to 31,000,000 new ordinary shares in the capital of Ever Glory United Holdings Limited, raising approximately $17 million;
• Acted for ISDN Holdings Limited, a SGX Main Board listed company, on its dual listing on HKEx;
• Acted as Singapore Counsel to the lead underwriter and representative Wilson-Davis & Co for the NASDAQ IPO of SAG Holdings Limited, which provides high-quality OEM, third party branded and in-house branded replacement parts for motor vehicles and for non-vehicle combustion engines in various industries, primarily in the Middle East and Asia;
• Acting as Singapore Counsel to Uni-Fuels Holdings Limited, being headquartered in Singapore and a service provider of marine fuels solutions and brokerage to shipping companies and marine fuels suppliers worldwide, in-port and offshore, for its NASDAQ IPO;
• Acted as Singapore Counsel to the lead underwriter and representative Wilson-Davis & Co for the NASDAQ IPO of JBDI Holdings Limited, which provides environmentally friendly and efficient reconditioning and recycling for drums and containers in Singapore and South East Asia;
• Acted for a project developer/owner on hotel development and hotel management services by Radisson Group for a hotel project in Penang amounting to approximately RM1 billion in value;
• Acted as Singapore counsel in the global offering by and listing of Huisen Household International Group Limited on the Main Board of The Stock Exchange of Hong Kong Limited which raised net proceeds of HK$1,228.8 million;
• Acted for Singapore eDevelopment Limited (SeD) on the proposed US$50 million share swap in relation to the sale of all the shares of Impact BioMedical, Inc. by Global BioMedical Pte Ltd, a wholly owned subsidiary of SeD, to Document Security Systems, Inc.,a NYSE company;
• Acted as Singapore legal counsel to TrickleStar Limited, designer and distributor of energy saving products in the US, in relation to its listing on the Catalist board of Singapore Exchange Securities Trading Limited through the placement of 15 million shares, raising net proceeds of S$2.4 million;
• Acted as sole Singapore legal counsel to the global offering by and listing of Kinergy Corporation Limited on the Mainboard of the Hong Kong Stock Exchange raising proceeds of approximately HK$250 million;
• Acted as Singapore legal counsel to M&L Holdings Group Limited in relation to its proposed initial public offering on the Growth Enterprise Market of The Stock Exchange of Hong Kong to raise net proceeds of approximately HK$39 million;
• Acted for AsiaMedic Limited in respect of its proposed renounceable non-underwritten rights issue in the capital of AsiaMedic Limited, a premier healthcare provider in Singapore listed on the SGX-ST to raise approximately S$18.75 million;
• Acted for SGX Catalist-listed Singapore eDevelopment Limited in relation to its renounceable non-underwritten rights cum warrants issue to raise up to an aggregate of approximately S$39.2 million;
• Acted for Regal International Group Ltd (Regal International), formerly known as Hisaka Holdings Ltd (Hisaka Holdings), in its listing on the SGX Mainboard following the acquisition by Hisaka Holdings of the entire issued and paid-up share capital of Regal International for a consideration of S$127.3 million;
• Acted as Singapore legal counsel to On Time Logistics Holdings Limited in relation to its global offering and initial public offering on the Mainboard of The Stock Exchange of Hong Kong to raise net proceeds of approximately HK$91.9 million; and
• Acted for International Healthway Corporation Limited in relation to its initial public offering and listing on the Catalist board of the Singapore Exchange to raise gross proceeds of approximately S$50.1 million.

Corporate / Mergers & Acquisitions

• Acted for Livingstone Health Holdings Limited on its acquisition of Phoenix Medical Group;
• Acted for Asiamedic Limited on the acquisition of business and assets of LE Private Clinic Pte Ltd;
• Acted for Alset International Limited in its sale of HWH International Inc to NASDAQ listed SPAC Alset Capital Acquisition Corp and HWH Merger Sub, Inc. for a consideration of S$174.9 million. The transaction was both a de-spac and interested person transaction;
• Acted for NASDAQ listed Alvarium Tiedemann Holdings, Inc. in its acquisition of 100% shareholding interest in AL Wealth Partners Pte Ltd (the Target). The Target is a Monetary Authority of Singapore regulated company that provides discretionary investment management, non-discretionary investment advisory and other ancillary services in Singapore;
• Acted for United Engineers Limited in respect of the mandatory conditional cash offer by Yanlord Investment (Singapore), a wholly owned subsidiary of China-based property developer Yanlord Land Group, to acquire ordinary and preference shares in United Engineers in a deal valued at approximately S$1.66 billion;
• Acted for the vendors in relation to the acquisition of six medical companies by SGX Mainboard-listed New Silkroutes Group Limited;
• Acted as legal counsel in relation to the acquisition of P-Parking International Pte Ltd by Tokyo Stock Exchange-listed Nissei Build Kogyo Co, Ltd for an aggregate consideration of S$48 million;
• Acting for Incredible Holdings Ltd, a SGX listed company in its acquisition of (i) Golden Ultra Limited for $14.6 million and (ii) Billion Credit Financial Company Limited for $1 million, as part of its diversification into the e-commerce business;
• Acted as legal counsel to Sunrise Investors Pte Ltd, in relation to the acquisition of a majority stake in Ever Glory Logistics Pte Ltd by Tokyo Stock Exchange-listed Daito Koun Co, Ltd;
• Acted in the $140 million reverse takeover by Pacific Star Development Pte Ltd, a regional property developer, over LH Group Limited;
• Acted for Luye Medicals Group Pte Ltd in the acquisition of a controlling interest stake of 28.15% in SGX Catalist-listed Asiamedic Limited from its controlling shareholders for the consideration of approximately S$16.98 million;
• Acted for Singapore eDevelopment Ltd in the acquisition of HotApps International Pte Ltd (HotApps) by OTC bound Fragmented Industry Exchange Inc for US$700 million in shares and bonds;
• Acted for Sumitomo Corporation in its capital participation in AWCG Pte Ltd (AWCG), a subsidiary of Apparel-Web, Inc. a company which provides fashion apparel companies with web marketing service and assists their overseas business expansion. AWCG operates JRunway, which offers Japanese fashion labels in Singapore;
• Acted for SGX Mainboard-listed Hiap Hoe Limited in the voluntary conditional offer of SGX Mainboard-listed Superbowl Holdings Limited from the Singapore Exchange for an aggregate consideration of approximately S$244.1 million which resulted in Superbowl becoming a subsidiary of Hiap Hoe and Superbowl has subsequently been delisted;
• Acted for DBS Bank Ltd, Hong Kong Branch on Singapore law in the acquisition of a 30% stake in Shine Rise International Limited, a wholly-owned indirect subsidiary of HKSE-listed Top Spring International Holdings Limited, by Firewave Management Limited, an indirect subsidiary of SGX Mainboard-listed Metro Holdings Limited; and
• Acted for IDG-Accel China Capital Fund, a venture capitalist group based in Beijing, on Singapore law in connection with its investment of US$50 million in Razer (Asia-Pacific) Pte Ltd, a gaming hardware company.