Reverse takeover of Skylink APAC Pte. Ltd. by Sincap Group Limited
Lee & Lee acted for Catalist-listed Sincap Group Limited (Sincap) in its successful corporate turnaround through the S$42.3 million reverse takeover of Skylink APAC Pte. Ltd. (Skylink APAC). Skylink APAC is a homegrown commercial vehicle specialist focusing on commercial vehicle leasing, vehicle financing solutions, and maintenance, repair and overhaul services and engineering solutions.
Sincap completed the reverse takeover, and concurrently raised S$8.0 million through a compliance share placement and convertible bond issue, on 15 September 2025. After a trading suspension of […]