Collas Crill Singapore advises Malaysian-based Macromac PLC on AIM listing

Posted: 20/09/2013

Leon Santos-Collas Crill
Collas Crill Singapore has advised Macromac, an operator of a mobile messaging platform in Malaysia and Thailand, on its listing on the London Stock Exchange's AIM market.

Macromac operates an application-to-person messaging platform allowing the delivery of content to mobile phones via messaging systems, such as SMS, MMS and push notifications. The Malaysia-based business launched in Thailand in 2012, and this will remain the focus of its geographical expansion following the listing. However, Macromac intends to expand into other ASEAN markets in the future, including Indonesia.

Collas Crill Singapore's team was led by Group Partner, Leon Santos (pictured), who was assisted by Brandon Doffing, associate.

Mr Santos said: "Collas Crill are delighted to have worked with Macromac on this step in their growth. We are seeing a growing need from many of our Asia-based clients for cross-border solutions, and with increasing recognition of the Channel Islands as a place to do business it demonstrates the importance of our offering in Singapore."

He continued: "As Asia continues to expand, we're seeing an increasing number of businesses wanting to access the London markets. It's more than just an efficient route to IPO; listing on internationally recognised exchanges, like AIM, provides a great opportunity to raise corporate profile and spur future growth. The Channel Islands are perfectly placed as the go-to jurisdictions for international listings - Macromac PLC being a Jersey company."

Collas Crill Singapore advised on the listing of Macromac alongside Cheang & Ariff, Malaysian legal advisers, and Ashfords LLP, English legal advisers. Allenby Capital acted as nominated adviser.


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