The transaction we announced on 27 February 2020 regarding the sale of a 100% stake in Speedy Industrial Supplies to BizLink Holding Inc., has completed on 7 April 2020. Pickering Pacific acted as exclusive financial advisor to the shareholders of Speedy Industrial Supplies. The transaction is valued at SGD 65m and was signed on 20 February 2020.
Speedy Industrial Supplies Pte Ltd is a leading Singapore-based integrated Electronic Manufacturing Services (EMS) solutions provider with full in-house manufacturing capabilities that provides high-mix low-volume customized solutions to specialty markets.
You can access BizLink’s press release here.