29 Feb 2016

Loan and Investment of US$4.2 million by Fuji Offset Plates Manufacturing Ltd for Cambodian Property Development Project

Danny Lim and Caitlin Huang from the Capital Markets / Mergers & Acquisitions Practice Group acted for Fuji Offset Plates Manufacturing Ltd, which is listed on the Catalist Board of the Singapore Exchange, in its US$4.2 million loan and investment to Star City Development Co., Ltd. in a joint venture of a property development project relating to two plots of land located in Phnom Penh, Cambodia priced at approximately US$42 million on which Star City intends to build residential and commercial units for sale.

Fuji Offset is primarily engaged in the manufacturing and sale of pre-sensitized offset plates as well as investment holding business.