14 Aug 2018

Renounceable non-underwritten rights issue to raise gross proceeds of up to S$202.3 million

Partner Cynthia Goh and Associates Cynthia Wu, Daryl Chee and Hilary Toh-Chin acted for Hong Leong Asia on its renounceable non-underwritten rights issue to raise gross proceeds of up to S$202.3 million. Together with its subsidiaries, the company is the trade and industry arm of Singapore’s Hong Leong Group, and manufactures, distributes and sells diesel engines in China, as well as sells and supplies building materials in Singapore and Malaysia.