Tongfang Kontafarma Holdings Limited's Acquisition of Shares in TFKT True Holdings AND True Yoga Holdings Limited

June, 2017 - Singapore, Singapore

The TSMP Corporate Team, led by Ms Stefanie Yuen Thio, is proud to have acted as the Singapore legal advisor to Tongfang Kontafarma Holdings Limited, a Hong Kong-listed company, in its acquisition of shares in TFKT True Holdings and True Yoga Holdings Limited for an aggregate sum of US$36.72 million. The entities operate in Singapore, Taiwan and the People’s Republic of China under the brand True Fitness and True Yoga.

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