Hong Leong Holdings Limited and Lim Eng Thiam’s sale of HL Suntek Insurance Brokers Pte. Ltd. to Specialist Risk Asia Pacific Pte. Ltd.

Rajah & Tann Singapore, member firm of Rajah & Tann Asia, acted for Hong Leong Holdings Limited and Lim Eng Thiam in relation to the sale of all the shares in the capital of HL Suntek Insurance Brokers Pte. Ltd., a leading insurance broker based in Singapore, to Specialist Risk Asia Pacific Pte. Ltd., a specialist insurance intermediary which is indirectly majority-owned by Warburg Pincus LLC and Temasek. Partner Tracy Ang from the Mergers & Acquisitions Practice led the transaction.