10 Jul 2017

Hind Lifestyle Services – Sale of the entire issued and paid-up share capital in Naumi Services

Partners Norman Ho, Terence Quek, Tan Shijie and Associates Yong Chang Ling, Marco Low and Lee Jin Rui acted for Hind Lifestyle Services, part of the Hind Group controlled by the Jhunjhnuwala family, on the sale of the entire issued and paid-up share capital in Naumi Services, which sits across ten adjoining freehold conservation shophouses along Keong Saik Road. The transaction also involved a leaseback arrangement, under which the Hind Group will continue to operate the hotel using another entity.