CNPLaw advised sole proprietor of DeskRight on the sale of group entities to Lyreco Group

Published 12 July 2019 by CNPLaw LLP

CNPLaw LLP ("CNP") advised Mr Koh Tian Yeow (“Mr Koh”), the sole proprietor of Deskright Office Supplies (“DeskRight”), the leading single-source contract stationer for office supplies to organisations and government agencies in Singapore, on the sale of DeskRight’s head entity, DeskRight Pte. Ltd. and its two (2) subsidiary entities, I-Pacific Office Pte. Ltd., and Jaya Stationery Supplies Pte. Ltd., to French-based global distributor of workplace supplies solutions, Lyreco Group (“Lyreco”).     

The sale of DeskRight to Lyreco’s Singapore established entity, Lyreco (Singapore) Pte. Ltd will enhance Lyreco’s current ranking as a leading provider of office supplies. Mr Koh, who will stay on as managing director, will continue to oversee DeskRight’s operations in Singapore.

Mr. Ken Chia (Partner), Ms Wong Pei-Ling (Senior Associate), Ms Jolyn Wah (Associate), Ms Susannah Dobbie (Legal Executive) advised Mr Koh in this transaction.