DEALS
Zhong Lun Law Firm advised on acquisition of Semiconductor Technologies & Instruments Pte Ltd by Hangzhou Changxin Investment Management Co., Ltd.
Zhong Lun Law Firm advised on acquisition of Semiconductor Technologies & Instruments Pte Ltd by Hangzhou Changxin Investment Management Co., Ltd.
Zhong Lun Law Firm advised Hangzhou Changxin Investment Management Co., Ltd. (the “HZCX") on its acquisition of all (100%) of the issued and paid-up shares of Semiconductor Technologies & Instruments Pte Ltd (the “STI") from ASTI Holdings Limited (the "Seller"). The Seller is a public company listed on Singapore Exchange and the purchase price of the sold shares of STI amounts to S$ 90,000,000, subject to further adjustment according to the terms and conditions of the transaction documents. The Zhong Lun team was led by Vincent Chen and Xiaoming Song, supported by associates Na Zhao, Mingkai Wang and Yun Lu. Eversheds Harry Elias assisted Zhong Lun Law Firm with Singapore regulatory matters. Shook Lin & Bok LLP served as the Seller’s legal advisor.
STI engages in the business of research, design, development, manufacturing and marketing of semiconductor equipment. After the closing of the transaction on 26 September 2018, HZCX becomes the sole owner of all the issued share capital of STI.
