14 Dec 2017

Subscription of shares in Gallant Venture Ltd.

Partners Cheng Yoke Ping, Penelope Loh, Alison Foo and Associate Cheryl Tay acted for Singapore-listed Gallant Venture on the subscription of shares in Gallant Venture by certain subscribers at the issue price of S$0.133 (US$0.10) per subscription share, amounting to an aggregate gross consideration of S$68.24 million (US$52 million).