18 December, 2017
Please find below the deal report summary of our advice to Alliance Holding Company Limited on a recent sale transaction:
Deal summary
Wong & Partners, a member of Baker Mckenzie International, advised Alliance Holding Company Limited on its MYR 255 million disposal of Davex (Malaysia) Sdn Bhd (“Davex”) to Ekuiti Nasional Berhad (“Ekuinas”). Davex is an end-to-end lighting solutions provider and manufacturer with a strong presence in Malaysia, Singapore and Australia. This transaction marks Ekuinas' entry into the manufacturing sector.
Key dates
Completed on 14 December 2017
Value
MYR 255 million
Lead partner
Brian Chia and Stephanie Phua
Supporting lawyers
Daniel Tan (Associate); Siew Yen Tai (Associate)
Other law firms
SKRINE acted as local counsel to Ekuiti Nasional Berhad
Financial adviser
Broadgate Advisers acted as financial adviser to Alliance
