Skip to main content

Government officials will never ask you to transfer money or disclose bank log-in details over a phone call.

Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam.

Competition and Consumer Commission of Singapore
  1. Home
  2. Case Register
  3. Public Register
  4. Mergers and Acquisitions
  5. Acquisition by Samwoh Corporation Pte Ltd of control of Highway International Private Limited
Notification | Cleared

Acquisition by Samwoh Corporation Pte Ltd of control of Highway International Private Limited

27 January 2011

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.


Reference:

CCS400/004/10

Notifying Parties:

Samwoh Corporation Pte Ltd

Notifying Date:

1 April 2010

Summary of transaction:

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

1. The Applicants
This notification is made by the acquiring party, Samwoh Corporation Pte Ltd (“Samwoh”) for the acquisition of control of Highway International Private Limited (“Highway”).

2. Description of the Merger
This notification is in relation to the acquisition of control by Samwoh over Highway. Samwoh submits that given the intense nature of competition in the market, strong countervailing buyer power of customers, low barriers to entry and expansion, and other competitive characteristics of the relevant markets, the Acquisition will not result in a substantial lessening of competition.

3. Relevant good(s) or service(s) involved
(i) The market for the supply of asphalt premix in Singapore; and
(ii) The market for the provision of asphalt laying services in Singapore.

Decision:

The proposed merger, if carried into effect, will not infringe the section 54 prohibition.

Decision Date:

27 January 2011
Click here for the decision

Back to top