Divestment of shares in Straits Apex Sdn. Bhd. by Straits Apex Group Sdn. Bhd. to First Ortho Investment Holdings Pte. Ltd.

Partners Lawrence Tan and Debbie Woo from Rajah & Tann Singapore acted for Straits Apex Group Sdn. Bhd. in its divestment of shares in Straits Apex Sdn Bhd. valued at US$240 million to First Ortho Investment Holdings Pte. Ltd., an affiliate of Quadria Capital, a healthcare-focused private equity firm in Asia.