15 Dec 2017

Acquisition of the entire issued and paid-up share capital of F2S1 Investment Pte. Ltd.

Partners Norman Ho, Tracy Ang and Cindy Quek, supported by Associates Isabel Koh, Tay Hui Shan, Marco Low, Shane Ng and Noah Ang, acted for Everfit Sage on the acquisition of the entire issued and paid-up share capital of F2S1 Investment, the registered proprietor of the property situated at Selegie 1 Road, Singapore, also known as PoMo. The deal value was S$342 million (US$260m). The firm also acted for the borrower on the financing aspects of the transaction, which involved banking facilities of more than S$240 million (US$182.6 million) from a local bank.