The acquisition will bring together Tuas’ fast-growing digital consumer brand Simba with M1’s established network and enterprise capabilities in Singapore, unlocking significant opportunities for innovation, efficiency and growth.
The G+T team was led by Corporate Advisory Partner Costas Condoleon and Lucy Hall (Special Counsel) with support from Kevin Zhou (Lawyer) and Kevin Olson (Graduate).
Costas Condoleon and Lucy Hall said:
We are pleased to have supported Tuas on this landmark transaction, which represents a significant step in its strategy to scale in the Singapore market, and positions Tuas for long-term growth. It’s been a privilege to work closely with the Tuas team on this important milestone, and the success of this transaction demonstrates the continued support for high-quality, strategically compelling deals in equity capital markets.
The institutional placement was priced at nil discount to Tuas’ last close, reflecting strong investor demand and confidence in Tuas’ growth strategy.
