Partially Completed Acquisition by Computer Systems Holdings Pte Ltd of Singapore Computer Systems Ltd

Notifying Parties:

Computer Systems Holdings Pte Ltd and Singapore Computer Systems Ltd

Notifying Date:

27 August 2008

Summary of transaction:

PART 5
INFORMATION FOR THE CCS PUBLIC REGISTER
(TO BE COMPLETED BY THE APPLICANT(S))

1. The Applicants

Computer Systems Holdings Pte Ltd (“CSH”)
Singapore Computer Systems Ltd (“SCS”)

2. Description of the merger

This notification is in relation to the acquisition of 60% of all the issued ordinary shares (the "Shares") in the capital of SCS, through CSH, which is a wholly-owned subsidiary of NCS Pte. Ltd. (NCS"), followed by a mandatory conditional cash offer for all the shares other than those already owned, controlled or agreed to be owned by CSH. CSH and SCS submit that given the large number of competitors in the market, the competitive advantage that competitors in the market have relative to the merged entity, the low barriers to entry and expansion, strong countervailing buyer power and characteristics of the market that would make any coordinated behaviour difficult, the merger, when carried into effect, is unlikely to result in a substantial lessening of competition in the market..

3. Relevant good(s) or service(s) involved

The global market for the provision of information and technology services.

Decision:

The merger has not infringed the section 54 prohibition.

Decision Date:

30 September 2008
Click here for the decision.