Deal Announcement
Icon Law LLC acted for Epicsoft Asia in the voluntary conditional cash offer of Ban Leong Technologies Limited

Icon Law LLC acted for Epicsoft Asia in the voluntary conditional cash offer of Ban Leong Technologies Limited

Icon Law LLC acted for Epicsoft Asia Pte. Ltd. (“EPA”), an indirect wholly-owned subsidiary of GCL Global Holdings Ltd. (Nasdaq: GCL), in the voluntary conditional cash offer by EPA to acquire all of the issued and paid-up ordinary shares of Ban Leong Technologies Limited at S$0.6029 per share (“Offer”) in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers. The value of the Offer is approximately $65 million. Icon Law LLC also acted for EPA as borrower and advised the GCL group of companies in relation to the financing arrangements for the Offer.

GCL Global is a leading provider of games and entertainment content based in Asia, with the GCL group of companies comprising video game publishers, EPA and 4Divinity,video game distributor, 2Game, and Titan Digital Media – the influencer marketing company founded by YouTube personality Tan Jian hao.

Our Founder and Managing Director, Soh Chun Bin and Counsel, Bernia Tan acted as legal adviser to the GCL group (including EPA) in relation to the Offer and financing aspects of the Offer.

For more information, please contact Soh Chun Bin or refer to the media's coverage of the transaction.

This is for general information only and is not a substitute for legal advice.