Logo from Mindlink Groups

Mindlink Groups withdraws from M&A deal with Century 21 Singapore

Singapore invoked its foreign interference law against Century 21’s principal advisors.

Mindlink Groups has withdrawn from its merger and acquisition (M&A) deal with Century 21 after one of the latter’s principal advisors, Philip Chan, received notice regarding the Foreign Interference Act.

“Mindlink Groups deems it necessary to immediately withdraw from the M&A acquisition deal,” the company said.

“We extend our gratitude for the positive collaboration experienced thus far and express regret over the circumstances leading to this decision,” the company added. 

Despite the deal fallout, Mindlink Groups Chairman Chow Yi Tong said he wishes to maintain a positive relationship with Century 21.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!