RHT Capital launches into its new role from a position of strength with the attainment of the CMS license and Catalist Full Sponsor status. The team, clockwise from left: Leong Weng Tuck, Nicole Khoo, Zheng Yufeng, Nathaniel C.V., Darrell Su, Shervyn Essex, Mah How Soon, Khong Choun Mun.
RHT Capital Pte. Ltd. (“RHT Capital” or “the Company”), an SGX-approved Continuing Sponsor to Catalist-listed companies, is pleased to announce that it has attained the Capital Market Services license from the Monetary Authority of Singapore (MAS) which authorises the Company to act as Issue Manager for SGX Mainboard Initial Public Offerings (IPOs) as well as Financial Advisor / Independent Financial Advisor for corporate actions undertaken by public listed companies such as mergers and acquisitions (M&As) and capital-raising exercises.
Additionally, RHT Capital has also been granted the Catalist Full Sponsor status by the Singapore Exchange (SGX), granting it the authority to act as Full Sponsor to Catalist IPOs and Reverse Takeovers (RTOs)/Very Substantial Acquisitions (VSAs).
As a Catalist Full Sponsor, RHT Capital will be able to conduct introduction activities in connection with preparing a listing applicant for admission to the Catalist board or advise an issuer on reverse takeovers. This is in addition to its current duties as a Continuing Sponsor, which includes supervising and advising issuers on compliance with their continuing listing obligations and other legal requirements.
Launching from a Position of Strength
“For the past 5 years, RHT Capital has been a Continuing Sponsor for a significant number of SGX Catalist listed companies. We have established a firm foundation of knowledge and processes to assist Catalist issuers navigate a wide range of corporate scenarios and transactions. With the attainment of the CMS license and the Catalist Full Sponsor status, we are launching into this new role from a position of strength, as we offer potential issuers a ready set of capabilities in dealing with the challenges and complexities of being a public company,” said Mr Jayaprakash Jagateesan, Chief Executive Officer, RHT Holdings Pte Ltd (“RHT Holdings”).
In lockstep with today’s achievements, RHT Capital welcomes on board two industry veterans in Singapore’s corporate finance scene, Mr Khong Choun Mun as Chief Executive Officer and Mr Mah How Soon as Managing Director, who will both head up RHT Capital.
Khong Choun Mun has more than 25 years of corporate finance and equity capital markets experience in both the local and regional equity markets as well as advising businesses on M&A. He has been involved in the advisory and underwriting of more than 100 IPOs and numerous secondary fund raising exercises for companies listed on both the SGX and regional stock exchanges.
Mah How Soon has more than 16 years of transactional and management experience in corporate finance in international and local financial institutions, and boutique advisory firms. He has played a key role in advising companies from many industries and countries on a wide range of transactions relating to both equity capital markets, and mergers and acquisitions.
“Beyond providing full sponsorship and corporate finance services to listed issuers, RHT Capital is unique amongst other licensed corporate finance firms, as we are an integral member of RHT Holdings, a leading multidisciplinary professional services group with an increasingly regional outlook and ambition,” Mr Khong Choun Mun, Chief Executive Officer of RHT Capital remarked.
RHT Capital is a subsidiary of RHT Holdings, a Singapore-headquartered leading professional services group that delivers multidisciplinary business solutions to clients. RHT Holdings’ range of services straddles corporate advisory, compliance, governance & risk advisory, intellectual property advisory, management services, in addition to RHT Capital’s role as a Continuing Sponsor to Catalist-listed companies.
RHT Capital was founded almost 5 years ago and today, the Company advises around 20 listed issuers in the manufacturing, technology, energy and retail sectors. With the new addition, RHT Capital comprises a team of Registered Professionals who have vast experience in the capital markets, including initial public offering and secondary equity and debt fund raising, mergers and acquisitions, corporate actions, regulatory compliance and corporate governance. The team is well equipped to provide advice and guidance to potential issuers on their listings on either the Mainboard or the Catalist, and SGX listed companies on corporate transactions, continuing listing obligations, compliance with the laws and regulations, and corporate governance.
RHTLaw Taylor Wessing’s Managing Partner Tan Chong Huat shared his views in this week’s topic in the Business Times’ weekly column, Views from the Top.
This article was first published in The Business Times on 31 October 2016.
Opportunities amid the downturn
OCT 31, 2016 5:50 AM
THIS WEEK'S TOPIC: What's the economic outlook for your business and industry? How is your firm responding to it?
Tan Chong Huat
RHTLaw Taylor Wessing LLP
THE economic outlook for legal services and professional services is certainly challenging at this stage. However, having been through the Asian financial crisis, Sars, and global financial crisis, we know that only the fittest will survive when things go wrong with the economy.
Here at RHTLaw Taylor Wessing and the RHT Group of Companies, we see this as an opportunity to invest and build on what our core strengths are so as to ride out the recession and grow aggressively when the economy turns around. We have strong fundamentals, with a commitment to providing clients with innovative multi-disciplinary solutions, embracing technology and developing our human resources to the fullest potential. There will be opportunities globally, in the Asean region and beyond, where we are well placed with the right network and corporate structures. More importantly, we have the imagination, courage and determination to embrace new ways of doing things. Instead of being disrupted, we are playing the disruptor role and constantly thinking without any box. I am confident that we shall achieve business success despite the difficult economic outlook.
RHTLaw Taylor Wessing and the RHT Group of Companies thank all our esteemed clients and friends for their congratulatory messages as we celebrate our 5th Anniversary.
We value each relationship and aim for greater success in the next five years and beyond.
It was an impressive display last night, not just of business achievement, but of comradeship among staff and Partners, which spoke well of good, well- balanced leadership. I was particularly touched by the emphasis on CSR.
Dr Cheong Choong Kong, Former Chairman of Oversea-Chinese Banking Corporation, Former Chief Executive Officer of Singapore Airlines
Congratulations on five years and a wonderful evening to celebrate the occasion. The quality of the organisation can be seen in how well the Partners, team, and guests all enjoyed themselves. It was a great evening. Long lasting companies are founded on great people and RHTLaw Taylor Wessing clearly has that piece. Looking forward to celebrating with the Firm in the decades to come. Here is to continued success, growth and longevity.
Tim Egold, Managing Director, Firgun Pte Ltd
I was privileged to be one of RHTLaw Taylor Wessing’s early client. I was very impressed with the quality of professional advice and responsiveness to client's needs.
Together with the partnership with Taylor Wessing, law firms in the Firm’s ASEAN Plus Group, and expanded capabilities within the Group of Companies, RHTLaw Taylor Wessing has positioned itself well to be the go-to professional outfit for businesses.
The electrifying atmosphere at the 5th Anniversary dinner and the abundance of energy felt amongst its partners and staff certainly augurs well for RHTLaw Taylor Wessing for the next five years and beyond!
I offer my heartfelt congratulations to all at RHTLaw Taylor Wessing and look forward to a closer working relationship with the group!
Kelvin Tan, Former Independent Director, WE Holdings Pte Ltd
I congratulate RHT on the remarkable and impeccable star performance in the five years since its founding. This inaugural period undoubtedly marks the group's development and entrenchment in the region as a top-notch, world class, one-stop corporate services provider. I wish RHT even greater success and achievements in the years ahead.
Yang Sy Jian, Former Research Director, UOB Kay Hian
The amazing atmosphere of excellent display of digital images and powerful presentations truly reflect the adventurous and futuristic spirit of RHTLaw Taylor Wessing and its Group of Companies. In the short span of five years, it has transformed the traditional concept of a law firm without sacrificing its core value. Congratulations on the firm’s 5th Anniversary and, more importantly, for creating a business friendly one stop law firm. "
Goh Yeow Tin, Independent Director, Lereno Bio-Chem Ltd.
Congratulations to RHTLaw Taylor Wessing and the RHT Group of Companies for a very successful five years. Their growth has been truly astonishing, a testimony to the dynamism of their multi-talented team. I look forward to seeing the next five years, which I’m certain will be their most exciting yet.
Yang Eu Jin, Executive Director & General Counsel, Overseas Education Limited
I thank you very much for hosting me at your delicious gala dinner. Congratulations on the excellent organising at such a prestigious place. The short visit at the Museum was very interesting. I enjoyed a lot being part of this very special 5th Anniversary and discovering a bit more about the spirit and the essence of RHTLaw Taylor Wessing. Wishing you all the best!
Laurent Fabry, Director, Tereos Asia
I would like to thank you for the invitation to join you celebrating five years of RHTLaw Taylor Wessing! Congratulations again – it was a wonderful event. It was with great pleasure meeting everyone.
Katharina Ravens, Managing Director, German Centre for Industry and Trade Pte Ltd
Congratulations on the 5th Anniversary of RHTLaw Taylor Wessing and the Gala Dinner Celebration. We were greatly honoured to be invited to join your celebration and to meet your colleagues and Senior Partners. We were very impressed by the tremendous growth and progress of RHTLaw Taylor Wessing in a short span of five years. May your Group continue to grow, expand and become a global leader in the near future.
Datuk Robert Chua T. C., B.B.M., D.M.S.M., O.St.J. Member ASHRAE, Executive Chairman, EFL Group
Congrats on the successful and wonderful 5th Anniversary dinner for RHT. It’s an excellent platform to showcase RHT capabilities and growth within such a short time frame and also gave a chance to meet people. The thought that went into this event really showed! Great conversations, great people and great food. I enjoyed the night and thank you for hosting this event. I enjoyed meeting new people and building bridges across different units and professionals. It was great.
John Ng, Business Development Director, Swee Hong Limited
A team that plays hard together will stick together because of the memories of the good time together. RHT would not be anything if it did not take that first step together, five years ago. Let’s run together as the journey promises many positive surprises for the team. Team RHT: one great team moving in unison onwards and upwards.
Yeo Nai Meng, Owner, Strategic Planning Services
It was so heart-warming to see all colleagues, from the top of the legal profession to the well-loved office tea lady, coming together to celebrate this milestone in the journey together.
May the same spirit guide RHTLaw Taylor Wessing in continuing to break new grounds!
Ho Kee Sin, Advisor, 1st an Idea LLP
I'm proud to be associated with RHT. Good presentations at the 5th Anniversary celebrations!
Ang Miah Kiang, Independent Director, Soo Kee Group
It was a very entertaining and inspirational 5th Anniversary celebration. Well done, RHT!
Mike Sim, CEO & Executive Chairman, Sinwa Limited
RHT’s 5th Anniversary celebration was an eye opener. It is hard to believe the progress RHT has achieved within such a short span of five years.
Dr Low Seow Chay, Independent Director, Hai Leck Holdings Limited