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HWL Ebsworth advises Chow Tai Fook Enterprises and Far East Consortium on major placement

HWL Ebsworth has advised Hong Kong based companies Chow Tai Fook Enterprises Ltd (CTF) and Far East Consortium International Ltd (FEC) on their $490 million share subscription agreement and strategic alliance agreement with The Star Entertainment Group Limited (The Star). Under the subscription agreement, CTF and FEC each subscribed for 45.8 million shares in The … Read more


HWL Ebsworth advising AC3 on its $25 million acquisition of Bulletproof

HWL Ebsworth is advising cloud specialist, AC3, an Australian owned IT services company, on the buyout of listed company Bulletproof (ASX:BPF). The offer of 15.2 cents per share and is via Scheme of Arrangement, subject to Bulletproof shareholder and court approvals. AC3’s offer is 38 per cent higher than rival bidder Macquarie Cloud Services who … Read more


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SA to get new minimum expiry date for gift cards

Summary As we discussed in an alert earlier this year, the New South Wales Government introduced new laws on 31 March 2018 to provide greater consumer protections to users of gift cards. The rules provide for a three-year minimum term on gift cards, and prohibit any charges or fees applied after the sale of a gift … Read more


General Data Protection Regulation privacy changes

EU General Data Protection Regulation (GDPR) As per our previous publication, dated 22 January 2018, the European Union GDPR will be in effect from 25 May 2018, and will replace existing data protection rules set out in the 1995 European Directive 95/46/EC. While the GDPR will be law in the European Union (EU), it is … Read more


Common questions concerning GST withholding law

The new GST withholding law commences on 1 July 2018. We are fielding a number of commonly asked questions concerning the operation and application of the new law. Here are some commonly asked client questions and our responses. If you need any assistance, please do not hesitate to contact us. 1. When does the GST … Read more


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