Spin-off listing by SGX Mainboard listed Japfa Ltd by way of distribution in specie to Japfa’s shareholders effected through a US$580.98 million capital reduction
Rajah & Tann Singapore acted for Japfa Ltd. (“Japfa”), listed on the Mainboard of the SGX-ST, in respect of the distribution in specie of Japfa’s shares in AustAsia Group Ltd. (“AAG”), in connection with the initial public offering and listing of AAG on the Main Board of The Stock Exchange of Hong Kong Limited. The …