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.