SEC Division of Corporation Finance no-action letter: R Systems International Ltd.

Simpson Thacher & Bartlett
I C B C T O W E R, 35 TH F L O O R
3 GA R DE N R OA D, CE N T RA L
H O N G K O N G
T E LE P H O NE: +852-2514-7600
F A CS I M I L E: +852-2869-7694
Direct Dial Number
+852 2514 7685
E-mail Address iho@stblaw.com
MICHAEL J.C.M. CEULEN MARJORY J. DING DANIEL FERTIG ADAM C. FURBER YI GAO MAKIKO HARUNARI IAN C. HO JONATHAN HWANG ANTHONY D. KING JIN HYUK PARK ERIK P. WANG CHRISTOPHER K.S. WONG R E SI D E NT PA R TN ER S S I M P S O N T HA C HER & BART L ETT , H ON G K ONG I S A N A FF IL IAT E OF S I M P SO N THA C HE R & B ART LE TT L L P WIT H OF FI C E S I N:
N E W Y O R K B E I J I N G B R U S S E L S H O U S T O N L O N D O N L O S A N G E L E S P A L O A L T O S Ã O P A U L O T O K Y O W A S H I N G T O N , D . C . Securities Exchange Act of 1934 Rules 14e-1(a), 14e-1(b) and 14e-1(c) April 11, 2023 Division of Corporation Finance Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 United States of America Attn: Ted Yu, Chief, Office of Mergers and Acquisitions Christina Chalk, Senior Special Counsel, Office of Mergers and Acquisitions Re: Composite Offer for Shares of R Systems International Limited Ladies and Gentlemen:
We are writing on behalf of BCP Asia II Topco II Pte. Ltd. (the “Purchaser”), a private company limited by shares organized under the laws of Singapore, along with the Purchaser’s indirect parent company, Blackstone Capital Partners Asia II L.P., an exempted limited partnership organized under the laws of the Cayman Islands, to request exemptive relief from the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission (the “Commission”) and to confirm that the Staff will not recommend that the Commission take enforcement action in respect of certain rules under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), by reason of a mandatory cash tender offer, referred