Upload
law-firm-in-singapore
View
66
Download
1
Embed Size (px)
Citation preview
Mergers and Acquisitions in Singapore
A presentation brought to you by Lawyers-Singapore.com
1
Reasons to Start a Business in Singapore
• During the last years, Singapore has developed so much it became an ideal place to set up a business in.
• The authorities have also created a large number of incentives for foreign businessmen interested in investing in Singapore.
2
The Mergers and Acquisitions Market in Singapore
• During the last two years, the mergers and acquisitions (M&As) market in Singapore has almost doubled.
• Both foreign and local companies have found immense investment opportunities in terms of mergers and acquisitions.
3
Legislation Related to M&As in Singapore >>
• The main legal framework governing mergers and acquisitions is the Singapore Commercial Law.
• Mergers are also regulated by the Code on Take-overs and Mergers which applies to the acquisition of voting power in public companies in Singapore.
4
>> Legislation Related to M&As in Singapore
• Other legislation referring to mergers and acquisitions in Singapore is the Competition Act.
• Mergers and acquisitions are also governed by the Banking Act, the Finance Companies Act and the Singapore Employment Law.
5
Acquisition Structures in Singapore >>
• A Singapore company purchasing another business may do so:
6
by acquiring issued shares in the target company (a share sale);
by purchasing the target company with all its assets and liabilities (a business sale).
>> Acquisition Structures in Singapore
• In the case of share sales, the buyer may be a foreign company.
• In the case of business sales, the purchasing company must be a local company, or a Singapore branch of a foreign company.
• The business deal is more complicated as all the target company’s assets must be transferred to the purchasing company in Singapore.
7
Mergers in Singapore >>
• The acquisition of a public company in Singapore can be achieved through:
8
general offers; scheme of arrangements; amalgamation proposals.
• Our law firm in Singapore can offer details about the mergers and acquisitions of public companies.
>> Mergers in Singapore
• The most common practices are general offers when it comes to mergers and acquisitions of Singapore companies.
• General offers may be voluntary or mandatory.
• The mandatory offer must be done for all the target company’s shares, while voluntary offers can be made for all or a part of the target company’s shares.
9
Assistance in M&A Deals in Singapore
• Our Singapore lawyers can offer you all the necessary information about mergers and acquisitions.
• Our attorneys in Singapore also have the necessary qualifications to assist entrepreneurs with the M&A process.
10
Thank you for your attention!
For more information, please contact us at:
+ 852 8191 [email protected]
www.lawyers-singapore.com
11