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March 2018 Events

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Fortis Law Attends Intertrust’s Annual Cocktail Reception

CEO of Fortis Law, Mr Patrick Tan and Associate, Mr Tan Shen Kiat from the private-client team attended the annual cocktail reception of Intertrust, a networking event for the working partners and clients of the renowned trust company. It was an event held over drinks, canapes and music in the beautiful surroundings of China Club Singapore. In attendance were senior management from various industries including shipping, banking and private equity firms.

 

CEO of Fortis Law Mr Patrick Tan Conducts CPD Course on Transferring Ownership of a Property
Mr Patrick Tan recently conducted a Continuing Professional Development course (CPD) on Transferring Ownership of a Property. Among others, the seminar touched on how you can transfer ownership of a property by way of a gift during the donor’s lifetime or after the donor has passed on, pursuant to a will.

To view the pictures for the event, click here.

 

Park Place Residences Preview Launch

Fortis Law was invited by Knight Frank Singapore​ to provide legal support and on-site advice at the Park Place Residences Preview Launch (Paya Lebar).

To view the pictures for the event, click here.

 

DEAL ANNOUNCEMENT:
Union Gas Holdings
Fortis Law acted for Union Gas Holdings Limited (“Union Gas”), a company listed on the Catalist of the Singapore Exchange Securities Trading Limited (“SGX-ST”) in recently announced acquisitions which include:
(i) The proposed acquisition by Union Gas of certain assets (“Assets Acquisition”) being non-contractual relationships with domestic customers from Union Energy Corporation Pte. Ltd. (“UEC”) as interested person transaction at a consideration of approximately S$2.2 million. The consideration shall be satisfied by way of cash and issuance of shares in the capital of Union Gas;
(ii) The proposed acquisition of Union Gas of the entire issued and paid-up share capital of U-Gas Pte. Ltd (“U-Gas Acquisition”), a wholly-owned subsidiary of Semgas Supply Pte. Ltd., a wholly-owned subsidiary of UEC as an interested person transaction at a consideration of approximately S$9.2million. The consideration shall be satisfied by way of cash and issuance of shares in the capital of Union Gas.
As each of the Assets Acquisition and U-Gas Acquisitions are interested persons transactions for the purposes of Chapter 9 of the Catalist Rules and as shares in Union Gas will be issued to associates of directors of Union Gas, shareholders approval is required.
This transaction is led by Vanessa Ng and Eunice Yao.