IFLR1000 Reviews

Financial and corporate

Eng and Co was founded in 2018 by name partner Rachel Eng, who also serves as managing director. The firm is notably a member of the PwC legal network, which extends to over 100 territories throughout the world with more than 3,500 lawyers providing a full spectrum of legal services.

The firm is recognised for its capital markets, corporate and M&A, and investment funds practices. They advise clients operating in various sectors including retail, banking and financial services, consumer goods and services, healthcare, food and beverage, oil and gas, real estate, logistics, and technology.

 

Highlights

An eye-catching capital market mandate saw the firm advising Vertex Technology Acquisition Corporation on its business combination with 17LIVE. The business combination is the first completed de-SPAC on the SGX-ST and in Asia. This is also the only reverse takeover of a company listed on the Mainboard of the SGX-ST to have been successfully completed in the past five years. 

On the M&A front, the firm advised Boustead Singapore on the unconditional exit offer to acquire all the remaining shares in its listed real estate subsidiary, Boustead Projects. This transaction was the first publicly reported take-private transaction that took place after the change in law in respect of the calculation of the compulsory acquisition threshold, which took effect on 1 July 2023.

 

Key clients

Vertex Technology Acquisition Corporation, Dyna-Mac, The Straits Trading Company, Boustead Singapore, YCP Holdings, Fifty-Eight Capital