12 Mar 2021

S$192.33 million Privatisation Scheme of Arrangement of World Class Global Limited

Partner Danny Lim from Rajah & Tann Singapore is advising World Class Global Limited as offeree in the privatisation scheme of arrangement by its controlling shareholder, Aspial Corporation Limited. Based on the offer price of S$0.21 per share, World Class is valued at S$192.33 million, with the offer consideration to be satisfied by way of issue of new Aspial shares.