Award-winning Singapore corporate law firm specialising in M&A ECM VC PE Corporate Law

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The Legal Dispatch Room

Teckwah acquires majority stake in regional digital graphics print provider
 

AEI Legal advised SGX Mainboard-listed Teckwah Industrial Corporation Limited, a leading provider of integrated supply chain management solutions, on its acquisition of a majority stake in regional digital graphics print provider, Profoto Digital Services Pte Ltd.

The deal featured, inter alia, a condition subsequent for the transfer of an 80% stake in Profoto Malaysia Sdn Bhd to PDS, put and call options, & a profit guarantee mechanism.

The acquisition of Profoto presents an opportunity for Teckwah to extend its supply chain capabilities and leverage Profoto’s network of contacts in the Asia Pacific region.

AEI Legal extends its heartiest congratulations to the Teckwah deal team & wishes the Teckwah Group every success ahead.

 
Rising Law Firm & Transactional Boutique Law Firm of the Year
 

Asian Legal Business has recognised AEI Legal as a finalist in the Rising Law Firm and Transactional Boutique Law Firm of the Year categories of the SE Asia Law Awards 2019 – Asia’s pre-eminent legal awards which pay tribute to the outstanding performance of private practitioners & in-house teams in the region. This is the first year the firm has made the submission.

A very big “thank you” to all of our clients and partners!

 
New amendments to the Copyright Act
 

On 17 January 2019, the Intellectual Property Office of Singapore (IPOS) released the Singapore Copyright Review Report.

The Report makes 16 proposals, including that creators be granted ownership of commissioned works by default, unless otherwise agreed in writing (Proposal 2) and that creators be attributed credit whenever their works are used, even if the copyright has been sold (Proposal 4).

Of special interest to technology companies will be the new exception to facilitate use of copyright work for text and data mining (Proposal 8) which would enable legal use of large-scale AI and big data analytics on text, data and other content to generate insights.

If you have questions about how the proposed amendments to the Copyright Act will affect your business, please feel free to get in touch.