CNPLaw LLP advised ADERA AI on its joint venture with BreadTalk Group

Ken ChiaPartner, CNPLaw LLP

CNPLaw LLP (CNP) advised Singapore-based technology services group, ADERA AI on its joint venture with recently delisted food and beverage (F&B) player, BreadTalk Group. 

The joint venture provides significant opportunities for ADERA AI to introduce and deploy its fintech and digital solutions to BreadTalk Group’s established F&B businesses. It comes amid the Covid-19 pandemic where technology has become an essential tool to overcome operational challenges and enhance business agility. Specifically, the joint venture will develop innovative fintech and digital solutions targeted at small and medium-sized enterprises and set up a blockchain-based supply-chain financing platform with digitalised processes and document automation. 

The CNP team comprised Ken ChiaHazel Ho and Yeoh Tze Ning.