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Mergers & Acquisitions

Tito Isaac & Co LLP advises GSTechnologies on sale of EMS Wiring Systems

For more information, please contact:
[email protected]
[email protected]
[email protected]
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London Stock Exchange
We are proud to have advised GSTechnologies Ltd (“GST”), a British Virgin Islands company listed on the London Stock Exchange (“LSE”), on the sale of its shares in EMS Wiring Systems Pte Ltd (“EMS”), a Singapore company.

Fintech, Blockchain and Neobanking
​​The agreement signed on 17 July 2022 involved GST selling its entire stake in EMS to 
EMS’s Chairman Mr Raphael Teo, in exchange for 60,000,000 GST shares owned by Mr Teo. The transaction allows GST to concentrate on its core business of Fintech, Blockchain and Neobanking activities moving forward, which is no longer aligned with EMS’s services of providing infrastructure development in Singapore entities is increasingly pertinent.
Pivotal Role
GST’s Chairman, Mr Tone Goh, remarked: “Though we are listed on the LSE, GST’s management and major shareholders have our roots in Singapore and Asia, and 
EMS is a Singapore company. Singapore-based Tito Isaac & Co (“TIC”) has played a pivotal role in advising us on this deal and guaranteeing that everything went smoothly.”
​

International Coordination
TIC’s Mr Tito Isaac, Ms Chong Yi Mei and Ms Adrienne Milton made up the team handling the matter, and also coordinated with lawyers in London and the British Virgin Islands to enable a successful transaction.

Success
​TIC’s managing partner, Mr Tito Isaac, commented on the deal: “It has been our privilege to be able to work again with Mr Tone Goh, and with outstanding companies like GST and EMS in facilitating this transaction. We are pleased to see them realise their objectives through this deal. Having worked with Tone, I am certain he will make a big impact on the Fintech industry.”
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  • Home
  • Firm
    • Admin Team >
      • COO
      • CFO
      • HR Manager
    • Accolades and Awards
    • Client Testimonials
    • Careers Opportunities
  • Lawyers
    • Equity Partners >
      • Founding Partner >
        • Tito Isaac
      • Managing Partners >
        • Kawal Pal Singh
        • Chong Yi Mei
    • Chief Operating Officer >
      • Raju Ramiah
    • Consultants >
      • Patrick Chee
      • Harpal Singh
      • M Ramasamy
      • Mathavan Devadas
      • Chester Chee
    • Partners >
      • Jaspreet Kaur
      • Cassandra Kang
    • Of Counsel >
      • Ferris Yu
    • Senior Associates >
      • Adrienne Milton
      • Sindhu Nair
      • Lim Chu Yech
      • Tan Youliang
    • Associates >
      • Kong Jia Xuan
      • Kimberly Yeo
      • Zaihirat Banu Codelli
      • Nicholas Cai
      • Sherwyn Lee
  • Practices
    • Litigation and Dispute Resolution >
      • Enforcement of Chinese judgment
      • Unused Material and Disclosure Requirements
      • Mediated Settlements
    • Finance and Payments
    • Banking and Insolvency >
      • Debt Recovery
    • Insurance
    • Privacy, Technology and Intellectual Property
    • Corporate and Commercial >
      • Shareholders' Agreement
      • Board Resignations
      • Aviation Law
    • Real Estate
    • Private Clients >
      • Every Parent Needs A Will
    • Employment Law
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