07 Oct 2019

Sale by Fullshare Value Fund I(A) of its entire interest in Five Seasons XXII

Partners Chia Kim Huat, Chen Xi, Lee Weilin, Sim Chee Siong, Penelope Loh, Lina Chua and Gazalle Mok from Rajah & Tann Singapore acted on the S$170 million (US$123m) sale by Fullshare Value Fund I(A) of its entire interest in Five Seasons XXII, which indirectly owns the development known as Plus at 20 Cecil Street, Singapore. Fullshare Holdings had provided a guarantee to the purchaser to secure the obligations of Fullshare Value Fund I(A).