4 November 2024

Allen & Gledhill, as transaction counsel, advised Aonic Holdings Pte. Ltd. (“Aonic”), a Singapore-based holding company for the Aonic business in Malaysia, on a convertible note round of investment, led by Hibiscus Fund LP.

Aonic is a Malaysian DroneTech start-up providing services related to automation and analytics in the agricultural and industrial sectors, and has established the widest agriculture drone service centre network in Malaysia.

Advising Aonic was Allen & Gledhill Partner Nicholas Soh.

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