05 May 2022
Acquisition of a 60% stake in KTG & Boustead Joint Stock Company, a proposed investment company in Vietnam
Partners Danny Lim, Brian Ng and Loh Chun Kiat from Rajah & Tann Singapore; and Partners Nha Nguyen and Thuy Huynh from Rajah & Tann LCT Lawyers acted for BP-Vietnam Development Pte. Ltd., a wholly-owned subsidiary of Boustead Projects Limited, in its acquisition of a 60% stake in KTG & Boustead Joint Stock Company, a property investment company in Vietnam.
28 Apr 2022
Trusting Social Group’s US$65 million Series C fund raising round
Partner Tracy Ang from Rajah & Tann Singapore acted for the Trusting Social Group in its US$65 million Series C fund raising round from The Sherpa Company Limited, a subsidiary of Masan Group Corporation.
22 Apr 2022
Acquisition of the entire issued and paid-up share capital of Silver Peak Holdings Pte. Ltd.
Partners Norman Ho, Sandy Foo, Benjamin Tay and Cindy Quek from Rajah & Tann Singapore acted for KKR Asia Limited in the S$598 million acquisition of the entire issued and paid-up share capital of Silver Peak Holdings Pte. Ltd. which owns the property situated at 20 Anson Road and known as “Twenty Anson”. This transaction marks the first real estate office investment in Singapore by KKR.
21 Apr 2022
Equity Fund Raising by Lendlease Global Commercial REIT
Partners Raymond Tong and Cynthia Wu from Rajah & Tann Singapore, alongside Partners Yon See Ting and Looi Zhi Min from Christopher & Lee Ong, acted for Citigroup Global Markets Singapore Pte. Ltd. ("Citi"), DBS Bank Ltd. ("DBS"), Oversea-Chinese Banking Corporation Limited ("OCBC") and United Overseas Bank Limited ("UOB") in relation to a S$648.8 million equity fund raising which comprised (a) a private placement to raise approximately S$400 million; and (b) a preferential offering to raise approximately S$248.8 million, undertaken by Lendlease Global Commercial REIT to part-finance its acquisition of the remaining 68.2% effective interest in an integrated office and retail property known as Jem.