28 Apr 2014

Gallant Venture Ltd. - Issue of Series 001 Notes under the EMTN Programme

Goh Kian Hwee, Cheng Yoke Ping, Kalyn Liang and Mariana Lesmana from the Corporate and Capital Markets Practice and Angela Lim from the Banking & Finance Practice acted for Mainboard-listed Gallant Venture Ltd. ("GV") in the first issue of notes under its US$500 million Euro Medium Term Note Programme. The S$175,000,000 5.95% notes due 2016 were issued on 21 April 2014.

GV is an investment holding company headquartered in Singapore with businesses in Singapore, Indonesia and the People’s Republic of China. The principal business activities of the GV Group can be broadly classified into five categories, namely, automotive, utilities, industrial parks, resort operations and property development.