4 November 2024
Allen & Gledhill advised Aonic Holdings Pte. Ltd., a Singapore-based holding company, on a convertible note investment led by Hibiscus Fund LP. Aonic, a Malaysian DroneTech start-up, specializes in automation and analytics services for the agricultural and industrial sectors and boasts the largest agriculture drone service center network in Malaysia. The transaction was facilitated by Allen & Gledhill Partner Nicholas Soh.