Advising Yeong Chin Machinery on Acquisition of Stake in TRIMILL
Our assistance included comprehensive transactional advice. We also assisted the client in drafting the application for approval of the acquisition as a foreign investment and were the client’s legal counsel in the relevant proceedings – one of the first in the Czech Republic. The system for controlling investments from non-EU countries in strategic assets relevant to the security and internal order of the Czech Republic has been in force since 1 May 2021, and certain foreign investments in Czech assets (including private ones) are thus subject to prior approval by the Ministry of Industry and Trade.
More information is available in the companies' press releases here and here.
Other articles
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
KŠB at EMUN’s Investment Outlook 2026 Conference in Prague
Kocián Šolc Balaštík (KŠB) continues its active cooperation with key partners in the investment and financial sectors, most recently as a partner of EMUN’s Investment Outlook 2026 conference.
