RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on her appointment as the corporate secretarial agent by Hartawan Holdings Ltd. (“Hartawan”), a Catalist Listed Company, with effect from 24 August 2012.
Hartawan was founded in 1998, its property leasing and management business comprises of five strategically located properties in Singapore as at June 2011. The Group leases and manages properties which are used for a variety of purposes including a hotel, offices and retail. The Group currently owns one cargo vessel as at June 2011.
Hartawan had on 14 April 2011 entered into a conditional share subscription agreement with 10 investors to issue 234,375,000 new ordinary shares in the capital of the Company at $0.08 for each share aggregating S$18.75 million. These new shares were fully allotted and issued on 16 June 2011. With the injection of new cash, the Group is strategically positioned to embark on future expansion whenever the right opportunities emerge. The Group is actively seeking oil and gas and/or mining and resources industries as possible target for expansion.
Hartawan had entered into a sale and purchase agreement for the sale of its shares in Whitehouse Holdings Private Limited on 5 September 2011 for a consideration of S$2.625 million, after taking into consideration various commercial factors which included costs of maintenance and repair, and the cost of reinstatements upon return of the property to the landlord.
Hartawan had entered into a conditional sale and purchase agreement on 29 October 2011 with 2 vendors for the proposed acquisition by the Company of the entire issued and paid-up capital of Wilton Resources Holdings Pte. Ltd for a consideration of S$300 million. More details and information can be found in the Company’s announcements made on 31 October 2011, 4 November 2011, 17 April 2012 and 2 August 2012.
RHTLaw Taylor Wessing’s Corporate and Securities Partner, Mr Chew Kok Liang is the named joint Company Secretary for Hartawan.
RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on her appointment as the corporate secretarial agent by Smartflex Holdings Ltd. ("Smartflex"), a Catalist Listed Company, with effect from 15 June 2012.
Smartflex is a comprehensive provider of IC module assembly and testing services for contact and dual interface smart cards, which are mainly used in the banking and finance, pay TV, telecommunications and transportation industries. Valued added services which the Company provides also include the loading of software or customer specific data into smart card IC modules.
Smartflex’s manufacturing facility in Singapore at approximately 3,077.20 sq m, houses equipment with wafer mapping and dicing, die attach, wire bonding, encapsulation and OS loading and testing and inspection capabilities. With full range of services, the Company are able to provide complete and innovative manufacturing solutions to their customers from Southeast Asia, Commonwealth of Independent States, Europe, India PRC, South America and the United States. It also maintains close ties with customers which include MNCs such as Oberthur Technologies, Eastcom Peace Smart Card and STMicroelectronics, through provision of a full range of smart card module related testing and assembly services.
Despite the uncertain state of the global economy, Eurosmart expects global shipment of smart cards to continue to grow in 2012, forecasting a 13% year-on-year increase to 6.92 billion units. This will be driven by a few factors including strong growth in demand for dual cards in both contact and contactless formats for the retail banking sector and in the telecommunications sector of developing markets like China and India.
The Company has recently announced joint venture with SANsystems Sarl, French engineering firm, which will raise the Group’s capabilities in the design and manufacturing of new products for smart card applications.
RHTLaw Taylor Wessing’s Corporate and Securities Partner, Mr Chew Kok Liang and Mr Nathaniel C V are the named Company Secretaries for Smartflex.
RHTLaw Taylor Wessing’s Intellectual Property & Technology Co-Head and Partner, Mr Jonathan Kok, will be one of the panellists at the upcoming Media Talent Forum on the topic of “Media Law: Chain of Title, Deliverables and Insurance”. The event will be held on 30 August 2012 at the Singapore Media Academy. The forum will deal specifically with media law and project insurance and hopes to explain some basic definitions and address some queries relating to these topics.
The Media Talent Forum is a series of creative sharing sessions, organised by Singapore Media Academy, Media Development Authority, Singapore Workforce Development Agency and Sinema, with the purpose of engaging media professionals, to nurture, share and stimulate ideas within the larger Creative Industries community.
RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as the Sponsor for Epicentre Holdings Limited with effect from 20 August 2012.
Epicentre Holdings Limited (“Epicentre” or the “Group”) was established in 2002 as the first Apple Premium Reseller (“APR”) in the region and listed on the Catalist Board of the Singapore Exchange on 18 January 2008. Epicentre offers a comprehensive range of Apple and Apple-related products as well as pre- and post-sale services in a one-stop lifestyle digital hub. Today, it operates a total of 19 EpiCentre stores in Singapore, Malaysia (Kuala Lumpur) and China (Shanghai and Beijing) with plans to further extend its footprint within these cities. The Group also retails an extensive range of accessories in EpiLife concept stores where Fashion meets IT. EpiLife also carries merchandise under iWorld, the Group’s proprietary brand of accessories targeted at the young and trendy. Recently, the Group spearheaded one of Southeast Asia’s pioneering m-commerce platforms coined EpiLife On The Go. This unique shopping experience drives sales through the clever placements of Quick Response (QR) codes on both traditional and non-traditional promotional mediums.
RHTLaw Taylor Wessing’s Corporate and Securities Deputy Head and Partner, Mr Lawrence Wong, is the appointed Registered Professional for Epicentre Holdings Limited.