06 Aug 2021
Proposed pre-conditional voluntary general offer by Capsol Investment III Pte. Ltd. and Tower Capital for all the issued and paid-up ordinary shares in the capital of Boardroom Limited
Partners Sandy Foo and Goh Jun Yi from Rajah & Tann Singapore are acting for Capsol Investment III Pte. Ltd., an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited and a member of the consortium of investors in Apricus Global Pte Ltd ("Apricus"), in Apricus' pre-conditional S$312 million voluntary conditional general offer for all the issued and paid-up ordinary shares in the capital of Boardroom Limited. Partners Lee Xin Mei and Cheryl Tan are advising on debt aspects of the transaction.