05 Apr 2018
Merger of Alliance Mineral Assets Limited and Tawana Resources NL
Partner Danny Lim, Senior Associate Cynthia Wu and Associate Tricia Teo are acting as Singapore counsel to Singapore-listed Alliance Mineral Assets on its acquisition and “merger of equals” with Australia-listed Tawana Resources NL to create a mid-tier lithium producer with pro-forma market capitalisation of A$446 million (US$346.4 million).
09 Mar 2018
Joint venture between Tsui Wah Holdings Limited and Jumbo Group Limited
Partner Danny Lim and Associate Tricia Teo have acted as Singapore counsel to Tsui Wah Holdings on its joint venture with Jumbo Group to establish and operate Hong Kong-style Cha Chaan Teng outlets under the Tsui Wah brand in Singapore, marking the brand’s first entry into the South East Asian consumer market. As of January 2018, Tsui Wah operates 32 outlets in Hong Kong, 35 outlets in China and three outlets in Macau.
28 Feb 2018
Debt and share sale in FSL Holdings Pte. Ltd.
Partners Evelyn Wee, Lee Xin Mei, Hoon Chi Tern, Senior Associate Adzfar Alami and Associate Jasselyn Seet have acted for HSH Nordbank AG and its subsidiary, Godan GmbH in the disposal of all of Godan’s shares in FSL Holdings Pte. Ltd., and HSH’s interests in a loan granted to FSL Holdings Pte. Ltd., to Prime Shareholdings Inc. FSL Holdings Pte. Ltd. is the controlling unitholder of First Ship Lease Trust and owns 100% of the shares in FSL Trust Management Pte. Ltd., the trustee-manager of First Ship Lease Trust, a registered business trust listed on the Main Board of the SGX-ST.
27 Feb 2018
Collective sale of all the strata lots and common property in the residential development known as Casa Contendere
Partners Norman Ho, Gazalle Mok and Associate Marco Low have acted on the collective sale of all the strata lots and common property in the residential development known as Casa Contendere, situated at 35 Gilstead Road, Singapore. The development, which is situated on land zoned “residential” under the 2014 Master Plan, was sold for S$72 million (US$55 million) to Tee Forward, a wholly-owned subsidiary of Tee Limited. The sale garnered 100 percent consensus among all the registered proprietors of the development.