CNPLaw LLP acted for RELX (Singapore) Pte Ltd in its Business Restructuring in Indonesia

CNPLaw LLP (“CNP”) acted for RELX (Singapore) Pte Ltd (“RELX”) in a divestment of four exhibitions by PT Reed Panorama Exhibitions (set up as a joint venture between RELX and Panorama Group) to PT Reed Exhibitions Indonesia as part of a business restructuring exercise. The four exhibitions are Indonesia Maternity Baby & Kids Expo, Mommy n’ Me Indonesia, Mining & Engineering Indonesia and Indonesia Maritime Expo which are held in Indonesia. The divestment involved both asset and share transfers which were completed on 30 December 2020. Following the divestment, PT Reed Panorama Exhibitions has been renamed as PT Pameran Masa Kini and will continue to focus on growing its remaining exhibitions.

The CNP team comprised Ken Chia, Hazel Ho and Yeoh Tze Ning.  

Practices of Interest: Corporate Advisory,  Corporate Restructuring, and Media and Entertainment