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

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. Partner Danny Lim is leading the transaction.