XinRen Aluminum Holdings S$782 million take private

29/2/2016

Privatisation

Value:

S$ 782 million

Status:

Completed

Date:

29/2/2016

Overview:

Aluminium manufacturer XinRen Aluminum Holdings has been taken over by its major shareholder for S$782 million.
The buyer is Merit Stand, owned by Zeng Chaoyi, who is also sole shareholder of Sunshine International Global Capital, who owns 33% of Xinren Aluminum.
XinRen will be delisted from SGX Mainboard.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Privatisation

Practice area:

M&A

Governing law:

Singapore

Industry sector:

Industrials and manufacturing

Firm:

Shook Lin & Bok

Party: XinRen Aluminium Holdings (Issuer)

Lawyer: Wong Gang

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