31 Jul 2021

US$65 million Series D fundraising of HappyFresh (iCart Group Pte. Ltd.)

Partners Brian Ng and Lorena Pang from Rajah & Tann Singapore acted for iCart Group Pte. Ltd. in relation to the US$65 million Series D fundraising of HappyFresh. The proceeds will be used for, amongst others, the working capital of the Group.

28 Jul 2021

US$65.0 million Private Placement by Keppel Pacific Oak US REIT

Partners Raymond Tong and Penelope Loh from Rajah & Tann Singapore are acting for DBS Bank Ltd. and United Overseas Bank Limited, the joint bookrunners and underwriters, in respect of the private placement of new units in Keppel Pacific Oak US REIT to raise gross proceeds of approximately US$65 million

24 Jul 2021

US$1.78 billion merger of PropertyGuru and SPAC Bridgetown 2 Holdings

Partners Evelyn Wee and Hoon Chi Tern, supported by Partners Desmond Wee, Benjamin Cheong, Elsa Chai, Lina Chua and Vikna Rajah from Rajah & Tann Singapore are advising Bridgetown 2 Holdings Limited, a special purpose acquisition company (SPAC) formed by Pacific Century Group and Thiel Capital LLC, in respect of its proposed merger with PropertyGuru Pte. Ltd. into a combined company with an equity value of approximately US$1.78 billion and the proposed listing of the combined company on the New York Stock Exchange.

19 Jul 2021

Joint Venture between NanoFilm Technologies International Limited and Venezio Investments Pte. Ltd

Partners Favian Tan and Benjamin Cheong from Rajah & Tann Singapore are acting for NanoFilm Technologies International Limited ("NanoFilm") in relation to its S$140 million joint venture between NanoFilm and Venezio Investments Pte. Ltd., a wholly-owned subsidiary of Temasek Holdings (Private) Limited, to undertake the hydrogen energy and hydrogen fuel cell business of the NanoFilm Group through Sydrogen Energy Pte. Ltd.