Hill Dickinson has recently advised Golden Saint Technologies Limited (LON: GST) (Golden Saint), an integrated information and communication technology infrastructure solutions provider, on the reverse takeover of EMS Wiring Systems PTE Ltd (EMS) and the admission of the enlarged group’s issued share capital to the standard segment of the main market of the London Stock Exchange PLC (Admission).
Golden Saint builds on the profitable business of its subsidiary, EMS, which has been supplying government departments and large private organisations with intelligent building solutions for the last 28 years. Golden Saint is led by an experienced management team and will look to expand its information communication technology business in India in the short term and in South East Asia in the medium term.
Hill Dickinson also previously advised on Golden Saint’s de-listing from AIM, the disposal of its former mining business and a restructuring of the group in readiness for the reverse takeover and admission.
Hill Dickinson corporate partners Michael Corcoran and Jaspal Sekhon advised Golden Saint on the transaction with assistance from corporate associate Francois de Lange and corporate paralegals Emily Rawlins and Rianne Byott.
Commenting on the admission, Tone Goh, chairman of Golden Saint, stated:
‘Today marks an important day for Golden Saint as we announce our admission to the London Stock Exchange. We look forward to further developing our ICT business in India in the short term and in South East Asia in the medium term.'
'Golden Saint started life as a mining company but through a strategic acquisition of EMS Wiring Systems Pte Ltd during the start of 2018 and a restructuring process is now an ICT company focussing on integrated information and communication technology infrastructure. Golden Saint has a strong and experienced board in place to advance the company's business strategy.’