17 Nov 2022
US$180.9 million sale of shares in Halcyon Agri Corporation Limited
Advising Sinochem International (Overseas) Pte. Ltd. in its US$180.9 million sale of shares in Halcyon Agri Corporation Limited, which is listed on the Main Board of the Singapore Exchange Securities Trading Limited, to China Hainan Rubber Industry Group Co., Ltd. The sale will result in China Hainan Rubber triggering a pre-conditional mandatory general offer for all the shares in Halcyon Agri, which values the group at US$502.4 million. Partners Danny Lim and Penelope Loh from Rajah & Tann Singapore are leading the transaction.