15 Aug 2019
Acquisition of issued and paid-up share capital in Yongjin Holdings
Partners Norman Ho, Benjamin Tay, Loh Chun Kiat and Cindy Quek from Rajah & Tann Singapore acted for Arch Capital Management, a Hong Kong-based fund manager, on the approximately S$210 million (US$151.5m) acquisition, on behalf of a German fund, of the entire issued and paid-up share capital in Yongjin Holdings, the registered proprietor of Anson House, the property situated at 72 Anson Road, Singapore. The team also assisted in the financing of the transaction.
14 Aug 2019
Acquisition of shares in CITIC Envirotech
Partner Danny Lim from Rajah & Tann Singapore advised CITIC Environment (International) on the acquisition of shares in CITIC Envirotech from its other consortium partners. The CITIC Envirotech group is a leading membrane-based integrated environmental solutions provider specialising in water and wastewater treatment, water supply and recycling.
31 Jul 2019
Acquisition of Ophir-Rochor Commercial
Partners Norman Ho, Sandy Foo, Benjamin Tay and Favian Tan from Rajah & Tann Singapore are acting for Gaw Capital Partners on the approximately S$1.6 billion (US$1.16b) acquisition by a consortium, comprising of Gaw Capital Partners and Allianz Real Estate, of the entire issued and paid-up share capital of Ophir-Rochor Commercial, a wholly-owned subsidiary of M+S, which owns the property situated at 3 and 7 Fraser Street, Singapore and known as Duo Tower and Duo Galleria, respectively.
15 Jul 2019
Linde Gas Singapore's US$1.4 billion expansion of its existing gasification complex
Partners Shemane Chan, Benjamin Cheong and Chou Ching are advising Linde Gas Singapore Pte. Ltd. on a US$1.4 billion expansion of its existing gasification complex on Jurong Island, which includes building and operating four additional gasifiers and a 1,200 tonne per day air separation plant. This project is part of ExxonMobil’s multi-billion dollar expansion of its production of higher-value base stocks for lubricants and distillates from fuel oil and other bottom-of-the-barrel crude products and is the single largest offtake for Linde after its merger with Praxair.