31 Aug 2017

Purchase and leaseback of wafer fabrication facility from Micron Semiconductor Asia Pte. Ltd.

Partners Norman Ho, Tan Shijie and Associate Shane Ng acted for the STMicroelectronics Pte. Ltd. in the acquisition and leaseback of the wafer fabrication facility along Ang Mo Kio Avenue 12 from US-based global semiconductor company Micron Semiconductor Asia Pte. Ltd. for a purchase consideration of US$30 million (approximately S$40.9 million).