Archive for July, 2016

Ogier assist Orsu Metals Corporation

Ogier have assisted their client, Orsu Metals Corporation, the London based dual listed (TSX and AIM) base and precious metals exploration and development company, with the British Virgin Islands elements of a subscription for shares and warrants in Orsu by Gold Fields Exploration B.V., a wholly owned subsidiary of Gold Fields Limited.   This transaction required the formal waiver of the Kazakh Government's pre-...

31 Jul 2:38 PM 0 Read More...

Walkers advises Kris Energy on Singapore IPO worth SGD 1.3 billion

Leading international offshore law firm Walkers has advised KrisEnergy Ltd on its Singapore Initial Public Offering, with a market capitalisation of approximately SGD 1.3 billion. The deal is expected to raise SGD 270.8 million of new money and around SGD 94.1 million new shares have been offered to the company’s six cornerstone investors.   Singapore-based Kris Energy focuses on the exploration, developme...

30 Jul 3:41 PM 0 Read More...

Olswang acts for the shareholders of Hawksmoor on management buy-out

International law firm Olswang has advised the shareholders of high-end steak restaurant concept “The Hawksmoor” on the sale of their stake in the business to leading UK mid-market private equity specialist, Graphite Capital.    Olswang’s Leisure practice has acted for the selling shareholders and the management team of Underdog Restaurants Limited, the owner of The Hawksmoor, to Carnivore...

30 Jul 2:26 PM 0 Read More...

Appleby Reports Offshore Incorporation Activity

In their latest survey on Company Incorporation activity in the major offshore markets, Appleby, one of the world’s largest providers of offshore legal, fiduciary and administration services, reports a decrease of 3.6% in the second half of 2012 compared with Q1 and Q2 2012, indicating the impact of uncertain global economic conditions across the majority of the offshore markets.   However, according to Ap...

30 Jul 10:10 AM 0 Read More...

Baker Tilly responds to HMRC proposals to change partnership and LLP taxation

Baker Tilly has responded to HMRC’s consultation on proposals to change partnerships and Limited Liability Partnerships (LLPs) taxation.  The changes, which HMRC is planning to introduce from 6 April 2014, are likely to have a significant impact on professional services firms as they will: 1. Increase income tax and National Insurance liabilities by, for example, ending from 6 April 2014 the self-employmen...

30 Jul 8:54 AM 0 Read More...