16 Nov 2016
Disposal of interest in Leap Forward Holdings Limited
Danny Lim and Caitlin Huang from the Capital Markets / Mergers & Acquisitions Practice Group advised Zana China Fund L.P. in its disposal of its 100% equity interest in Leap Forward Holdings Limited to Intermittent Glow Limited and Elite Giant Limited, for an aggregate consideration of S$25,215,000.
Zana China Fund L.P. is managed by Zana Capital Pte Ltd, a leading private equity firm, and is a fund focused on providing development capital to SMEs with business within Greater China.
Leap Forward Holdings Limited holds approximately 8.02% of the shares in capital of Ying Li International Real Estate Limited, a company listed on the Main Board of the Singapore Exchange Securities Trading Limited.