Kiri Industries Ltd v Senda International Capital Ltd and another
Jurisdiction | Singapore |
Court | International Commercial Court (Singapore) |
Judge | Kannan Ramesh J,Roger Giles IJ,Anselmo Reyes IJ |
Judgment Date | 21 June 2021 |
Neutral Citation | [2021] SGHC(I) 6 |
Citation | [2021] SGHC(I) 6 |
Subject Matter | Companies,Valuation of shares,Shares |
Published date | 23 June 2021 |
Hearing Date | 16 June 2021 |
Defendant Counsel | Toh Kian Sing SC, Cheng Wai Yuen, Mark, Soh Yu Xian, Priscilla and Lim Wee Teck, Darren (Rajah & Tann Singapore LLP),Teng Po Yew (Drew & Napier LLC) |
Plaintiff Counsel | Dinesh Dhillon, Lim Dao Kai, Margaret Joan Ling, Dhivya Naidu and Serene Chee Yi Wen (Allen & Gledhill LLP) |
Docket Number | Suit No 4 of 2017 |
This is our decision on the final value of the 37.57% shareholding of Kiri Industries Ltd (“Kiri”) in DyStar Global Holdings (Singapore) Pte Ltd (“DyStar”). Our decision herein is the culmination of the following judgments:
On 16 June 2021, pursuant to our directions, the parties’ experts tendered an agreed calculation for DyStar’s final valuation....
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Kiri Industries Ltd v Senda International Capital Ltd and another and other appeals and other matters
...“Second Valuation Judgment”) and a final judgment on 21 June 2021 (see Kiri Industries Ltd v Senda International Capital Ltd and another [2021] 5 SLR 111 (the “Final Valuation Judgment”). These appeals by both Senda and Kiri raise issues arising out of those judgments concerning matters aff......
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Senda International Capital Ltd v Kiri Industries Ltd
...(see Kiri Industries Ltd v Senda International Capital Ltd and another [2021] 3 SLR 215 (“First Valuation Judgment”), [2021] 5 SLR 1, [2021] 5 SLR 111). In July 2022, Kiri’s appeal against the Court’s decision on valuation was allowed in part while Senda’s appeal was dismissed, though the d......
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Kiri Industries Ltd v Senda International Capital Ltd and another
...pending the determination of the final valuation: at [70]. Finally, in Kiri Industries Ltd v Senda International Capital Ltd and another [2021] 5 SLR 111, we adjudged the final valuation of Kiri’s shares to be US$481.6m (“the Final Valuation”). It is against the backdrop of these decisions ......
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Kiri Industries Ltd v Senda International Capital Ltd
...Kiri Industries Ltd v Senda International Capital Ltd [2021] 5 SLR 1, SICC (refd) Kiri Industries Ltd v Senda International Capital Ltd [2021] 5 SLR 111, SICC (refd) Lam Hwa Engineering & Trading Pte Ltd v Yang Qiang [2013] 2 SLR 524 (refd) Maryani Sadeli v Arjun Permanand Samtani [2015] 1 ......
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Company Law
...claim. 45 Kiri Industries Ltd v Senda International Capital Ltd [2021] 5 SLR 1; Kiri Industries Ltd v Senda International Capital Ltd [2021] 5 SLR 111. Both concerned valuation issues. 46 [2022] SGCA 32. 47 Wei Fengpin v Low Tuck Loong Raymond [2021] SGHC 90. 48 [2021] 2 SLR 262. 49 Ong Hen......