Acting for China Lumena New Materials Corp. in reverse takeover exercise

We are acting as the Singapore counsel in the  reverse takeover exercise of China Lumena New Materials Corp., a company listed on the Mainboard of the Stock Exchange of Hong Kong Limited, via the very substantial acquisition of Linktopz Entertainment Limited, a company incorporated in HongKong, which through an reorganisation exercise will become the holding company of the target group comprising companies in Singapore and Malaysia .

The target group is principally engaged in manufacturing and sale of varieties of standardised and customised green precast concrete wall panel system and sale of related accessories with headquarters in Singapore, and has 3 automated production lines and 3 manual production yards in its production plant in Johor Bahru, Malaysia. It is the leading precast hollow-core concrete wall panel provider in Singapore in terms of revenue.

 

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