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.