Straits Law Practice LLC advises on placement of shares for Jiutian Chemical Group Limited

Legal Updates

Straits Law Practice LLC advises on shares placement of new ordinary shares to investors

Client:

Robert Wong of Straits Law Practice LLC acts for Jiutian Chemical Group Limited

Case summary:

Straits Law were the legal advisers to Jiutian Chemical Group Limited in its placement of new ordinary shares to a group of investors which was undertaken by the Company in May 2008. The placement of shares was completed and estimated gross proceeds of S$36.9 million was raised.

Jiutian Chemical Group Limited is a public company listed on the Main Board of the Singapore Exchange Securities Trading Limited on 4 May 2006.