06 May 2020

Acquisition and financing of the entire issued and paid-up share capital of Midas (Sunview) Pte. Ltd. (“Midas”)

Partners Benjamin Tay, Loh Chun Kiat and Cindy Quek from Rajah & Tann Singapore acted for the purchaser in the acquisition and financing of the entire issued and paid-up share capital of Midas (Sunview) Pte. Ltd. (“Midas”), which is the registered proprietor of the property situated at 11 Sunview Way, Singapore 627540. Concurrent with the closing of the transaction, a new loan was provided by Oversea-Chinese Banking Corporation Limited to Midas as borrower, with Rajah & Tann Singapore acting in the financing for Midas

01 May 2020

Acquisition of Eurekahedge Pte. Ltd. by Pageant Media Holdings Limited

Partners Lim Wee Hann, Benjamin Cheong, Kala Anandarajah, Dominique Lombardi and Loh Chun Kiat from Rajah & Tann Singapore and Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law) acted for Pageant Media Holdings Limited in its acquisition of Eurekahedge Pte. Ltd. from Mizuho Bank, Ltd and Founders of Eurekahedge Pte. Ltd., including advising on all competition and intellectual property law aspects of the transaction.

24 Apr 2020

Acquisition of an 88% stake in AirTrunk by a consortium led by Macquarie Asia Infrastructure Fund 2

Partner Benjamin Tay from Rajah & Tann Singapore acted as Singapore counsel for AirTrunk Singapore Pte. Ltd. (“AirTrunk”) in relation to the S$1.4 billion refinancing of its existing banking facilities in connection with the acquisition of a 88% stake in AirTrunk by a consortium led by Macquarie Asia Infrastructure Fund 2. The investment values AirTrunk at over A$3 billion.

03 Apr 2020

Privatisation of Elec & Eltek International Company Ltd by voluntary conditional cash offer

Partners Danny Lim and Penelope Loh from Rajah & Tann Singapore are advising circuit board manufacturer Elec & Eltek International Holdings Limited, in the US$435.6 million privatisation of Elec & Eltek International Company Ltd (the “Company”) by way of a voluntary conditional cash offer for the shares of the Company, based on the offer price of US$2.33 per share.