Colin Ng & Partners LLP advised Brooke Asia Limited in their S$168 million acquisition of China Star Food Holdings Pte. Ltd. and its subsidiaries
Colin Ng & Partners LLP (“CNP”) advised Catalist-listed cash company, Brooke Asia Limited, in their S$168 million acquisition of China Star Food Holdings Pte. Ltd. and its subsidiaries (“CSFH Group“) in consideration for the issue of up to 840,000,000 new shares in Brooke Asia to the shareholders of CSFH Group, amounting to a reverse take-over of Brooke Asia by the shareholders of CSFH Group. The RTO was completed on 22 September 2015. The CSFH Group is primarily engaged in the cultivation, production and distribution of sweet potato food products in China. Upon completion, Brooke Asia has now been renamed China Star Food Group Limited.
The CNP team was led by Partner, Gregory Chan who was assisted by Associate Jaclyn Lee and Foreign Associate Ma Yulin.