Drew & Napier LLC Advised TMK Chemical In IPO Listing On Main Market Of Malaysia
Directors Steven Lo 罗邦富 and Pei Tong Ng, and team comprising Associate Julian Lua and International Lawyer Megan Chan, advised TMK Chemical Bhd (𝗧𝗠𝗞) as Singapore legal counsel on its initial public offering (IPO) and listing on the Main Market of Bursa Malaysia Securities Berhad (Main Market).
The IPO involved a public issue of 220 million new ordinary shares of TMK comprising the (a) institutional offering of 190 million IPO Shares to institutional and selected investors, and (b) retail offering of 30 million IPO Shares to the directors of TMK, eligible employees of TMK and its subsidiaries (collectively, the Group), persons who have contributed to the success of the Group and the Malaysian public.
TMK was established in 1989 and is principally involved in the provision of total chemical management services comprising sourcing, processing and distribution of inorganic chemicals, value-added services such as quality control inspection, pre-sales and after-sales support services, as well as the provision of chemical terminal services (which encompasses bulk storage services) across Malaysia, Singapore, and Vietnam. TMK’s majority and controlling shareholder, Datuk Lee Soon Hian, is the youngest of the billionaire Lee brothers of the Malaysian plantation giant, Kuala Lumpur Kepong Bhd.
Source: Drew & Napier LLC’s LinkedIn Page
Directors Steven Lo 罗邦富 and Pei Tong Ng, and team comprising Associate Julian Lua and International Lawyer Megan Chan, advised TMK Chemical Bhd (𝗧𝗠𝗞) as Singapore legal counsel on its initial public offering (IPO) and listing on the Main Market of Bursa Malaysia Securities Berhad (Main Market).
The IPO involved a public issue of 220 million new ordinary shares of TMK comprising the (a) institutional offering of 190 million IPO Shares to institutional and selected investors, and (b) retail offering of 30 million IPO Shares to the directors of TMK, eligible employees of TMK and its subsidiaries (collectively, the Group), persons who have contributed to the success of the Group and the Malaysian public.
TMK was established in 1989 and is principally involved in the provision of total chemical management services comprising sourcing, processing and distribution of inorganic chemicals, value-added services such as quality control inspection, pre-sales and after-sales support services, as well as the provision of chemical terminal services (which encompasses bulk storage services) across Malaysia, Singapore, and Vietnam. TMK’s majority and controlling shareholder, Datuk Lee Soon Hian, is the youngest of the billionaire Lee brothers of the Malaysian plantation giant, Kuala Lumpur Kepong Bhd.
Source: Drew & Napier LLC’s LinkedIn Page
Cyril Amarchand Advised NSE Investments On Sale Of Equity Shares Of Protean eGov Technologies
Cyril Amarchand Mangaldas advised NSE Investments Limited on the offer for sale of equity shares of face value ₹10 each of Protean eGov Technologies Limited, through the stock exchange mechanism. Spark Institutional Equities Private Limited (a subsidiary of Avendus Capital Private Limited) and Citigroup Global Markets India Private Limited, acted as the brokers to the Offer. NSE Investments Limited sold 82,34,605 Equity Shares representing 20.31% of the total issued and paid-up Equity Share capital of the Company. The transaction team comprised of Aashima Johur, Krupa Brahmbhatt and Nayanika Gupta.
Source: Cyril Amarchand Mangaldas’ LinkedIn Page
Cyril Amarchand Acts As Indian Legal Counsel For Blackbuck In IPO Worth 1100 Cr
Cyril Amarchand Mangaldas acted as the Indian legal counsel to BlackBuck (Zinka Logistics Solutions Ltd) on its initial public offering of 40,834,701 equity shares aggregating to Rs. 11,147.22 million comprising fresh issue of 20,148,901 equity shares aggregating to Rs. 5,500.00 million and offer for sale by certain selling shareholders of 20,685,800 equity shares aggregating to Rs. 5,647.22 million.
Cyril Amarchand Managaldas also acted as the Indian legal counsel to IFC – International Finance Corporation in its offer for sale of 2,340,277 Equity Shares.
The transaction team advising the Company included Yash J. Ashar, Reuben Chacko, Tanvi Kini, Surya Rajkumar and Dhruv Sharma.
The team advising International Finance Corporation in relation to the IPO comprised of Vishwanath Pratap Singh, Aashima Johur, Chinar Gupta, Radhika Shukla and Rishi Nandkeolyar.
Source: Cyril Amarchand’s LinkedIn Page
Talat Shah
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SNG & Partners represents UGRO Capital in its Equity Capital Raise of INR 340 Crore from Marquee Institutional Investors
