Singapore-based law firm Rajah & Tann is currently advising SGX-listed plantation group GMG Global Ltd on its S$350 acquisition of about 35 percent of Belgian company Siat SA’s shares. The Siat Group has investments in Cote d’Ivoire, Ghana, Nigeria and Gabon.

Abdul Jabbar, head of Rajan & Tann’s Banking and Finance Practice Group and Corporate Services Group, is the lead counsel on the matter.  This cross border deal spans multiple jurisdictions across Europe and Africa, involves a substantial due diligence component, and marks a significant foray for Sinochem into the rapidly growing rubber industry in Africa.

GMG Global is a subsidiary of Chinese multinational conglomerate Sinochem International Corporation. ALB

More to follow soon…

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