30 Dec 2016
Reverse Takeover of LH Group Limited
Danny Lim and Cynthia Wu are acting for SAC Capital Private Limited as financial adviser, placement agent and sponsor to LH Group Limited (listed on the Main Board of SGX-ST), in the reverse takeover of the company via the acquisition of Pacific Star Development Pte. Ltd. for a purchase consideration of S$140 million.
The Pacific Star group is a reputable and premier property developer in South East Asia, and is involved in the development of luxury projects in prime locations in major city centres and/or unique locations such as waterfront marinas, leisure and hospitality projects in popular vacation destinations and resort retirement communities.