Case Study

ZONE Global Limited has been acquired by Distacom International Limited

Cyberman Limited, an indirectly wholly-owned subsidiary of e-Kong Group Limited, based in China, has sold ZONE Global Limited to Distacom International Limited (Distacom) for US$16.7 million.

ZONE Global Limited is an investment holding company, incorporated in the BVI with limited liability. It is an indirect wholly-owned subsidiary of e-Kong Group Limited.

Distacom is a company incorporated in the BVI with limited liability and wholly-owned by Mr Rick Siemens. Distacom is a private holding company with a track record spanning nearly half a century of investing, building, rolling-out and operating multiple wireless businesses.

Cyberman Limited is a company incorporated in the BVI with limited liability and it is an indirectly wholly-owned subsidiary of e-Kong Group Limited, an investment holding company, engaged in the provision of telecommunication services and insurance-related product distribution services.

Oaklins' team in Hong Kong acted as financial advisor to to the seller in this transaction.

Tombstone image for ZONE Global Limited has been acquired by Distacom International Limited

KEY DEAL CONTACTS

Richard Winter

China

Managing Partner

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