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Interlaw's Singapore Firm Advises on Food & Drink Joint Venture
Interlaw’s partner firm in Singapore, CNP Law LLP, has advised Singapore-based technology services group, ADERA AI on its joint venture with recently delisted food and beverage player, BreadTalk Group.
The joint venture provides significant opportunities for ADERA AI to introduce and deploy its fintech and digital solutions to BreadTalk Group’s established food and beverage businesses. It comes amid the Covid-19 pandemic where technology has become an essential tool to overcome operational challenges and enhance business agility.
Specifically, the joint venture will develop innovative fintech and digital solutions targeted at small and medium-sized enterprises and set up a blockchain-based supply-chain financing platform with digitalized processes and document automation.
The CNP team advising on the deal comprised partner Ken Chia and associates Hazel Ho and Yeoh Tze Ning.