SINGAPORE, 16 April 2025 – We are proud to have acted as Solicitors to the Issue Manager, Full Sponsor and Placement Agent, RHB Bank Berhad, as to Singapore law in connection with the successful initial public offering and listing of Vin’s Holdings Ltd on the Catalist board of the Singapore Exchange (“SGX”).
Vin’s Holdings Ltd’s public debut is the SGX’s first listing of 2025. The placement of 20 million shares at S$0.30 per share was fully subscribed, raising S$6 million in gross proceeds.
Vin’s Holdings Ltd is a homegrown integrated automotive solutions provider in Singapore offering automobile sales and related services, automobile financing, automobile after-sales services and automobile rental and leasing services. This milestone listing marks a new chapter for Vin’s Holdings Ltd and is a strong testament to investor confidence in the company’s integrated business model and the prospects of the dynamic automobile industry.
At Duane Morris & Selvam LLP, we are honoured to have played a key role in this momentous event, drawing upon our capital markets expertise to support a smooth and successful listing journey.
Congratulations to Vin’s Holdings Ltd, RHB Bank Berhad, and all stakeholders on this achievement and special thanks to Leon Yee, Jennifer Lo, Hannah Poh, and Marcus Ng for their hard work and dedication on this deal.
About Duane Morris & Selvam LLP
Duane Morris & Selvam LLP is the joint law venture between Duane Morris LLP and Selvam LLC, with its headquarters in Singapore. By way of its global platform and extensive range of legal services, the firm helps companies conduct business in and out of Asia, the United States, Latin America, the United Kingdom and beyond. In addition to the excellent skills of its lawyers, clients benefit from the cultural fluency and key relationships that the firm has developed over many years of practising law throughout the region. The firm has a presence in the key markets of Southeast Asia, including Singapore, Hanoi, Ho Chi Minh City and Yangon, as well as an office in Shanghai. Supporting these regional offices, the firm operates a series of country desks for India, Indonesia, Korea and Japan. It is regularly ranked among the region’s leading law firms by Chambers & Partners, The Legal 500 and IFLR1000.