27 Apr 2023
S$300 million equity fund raising by Keppel Infrastructure Trust
Partners Raymond Tong and Jasselyn Seet from Rajah & Tann Singapore, Yon See Ting and Looi Zhi Min from Christopher & Lee Ong, and Dussadee Rattanopas from R&T Asia (Thailand) were involved in the approximately S$300 million equity fund raising undertaken by Keppel Infrastructure Trust for the partial repayment of two bridge facilities of up to S$590 million which were taken out to initially fund three investments and acquisitions in green infrastructure segments. The team acted for Citigroup Global Markets Singapore Pte. Ltd., DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited in relation to the transaction.
12 Apr 2023
UOB’s investment in JTC’s Punggol Digital District
Partner Norman Ho from Rajah & Tann Singapore acted for United Overseas Bank Limited (“UOB”) as incoming lessees at JTC’s Punggol Digital District (“PDD”), Singapore’s first smart and sustainable business district. With this lease, UOB would be the first local bank to establish its presence at PDD, and is the largest commercial investor in PDD to date. UOB plans to establish a 300,000 square feet centre by the end of 2026, which will house around 3,000 talents engaging in technology, innovation, and digital roles to further UOB’s digital ambitions.
10 Apr 2023
S$200 million food logistics facility by Commonwealth Capital and Kajima Corporation
Partners Benjamin Tay, Favian Tan (Capital Markets and Mergers & Acquisitions) and Loh Yong Hui (Construction & Projects, Energy & Resources) from Rajah & Tann Singapore acted for Commonwealth Capital Pte. Ltd. in its joint venture with Japanese construction firm Kajima Corporation to develop and lease a S$200 million food logistics facility at 8 Jalan Besut, Singapore.
23 Mar 2023
Reebelo’s Series A fundraising round
Partners Terence Quek and Cheryl Tan from Rajah & Tann Singapore acted for Reebelo in its Series A fundraising round which was led by Cathay Innovation, with participation from Moore Strategic Ventures, Antler and Gandel Invest. Reebelo is APAC's fastest growing marketplace for sustainable consumer electronics.