AIMCo’s co-investment into Cyan Renewables
Advised Cyan Renewables Pte. Ltd. (“Cyan”) in respect of its acquisition of all the issued share capital in MMA Offshore Limited, a listed Australian offshore marine services provider, for AU$1.1 billion (approximately US$702 million), from a Malaysian law perspective. The acquisition was supported by a group of co-investors, including Alberta Investment Management Corporation (AIMCo), which participated in the acquisition through its investment in Cyan.
Rahmat Lim & Partners conducted legal due diligence on MMA Offshore Malaysia Sdn Bhd and MMA Offshore Services Malaysia Sdn Bhd.
This deal was awarded “Investor Acquisition of the Year” at the IJGlobal Investor & ESG Awards 2025.
Advising Cyan were Partners Tan Yan Yan and Florence Yong.