Jurisdiction - Singapore
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Stamford Law Advises On Proposed Reverse Takeover Of Link (THM) Holdings Pte. Ltd By Ocean Sky International Ltd.

29 January, 2015

 

Stamford Law is advising UOB Kay Hian Private Limited on its role as the financial adviser to Ocean Sky International Limited (Ocean Sky) in relation to the proposed reverse takeover of Link (THM) Holdings Pte. Ltd by Ocean Sky at a consideration of approximately SGD 226m. The consideration shall be satisfied by the issue and allotment of up to approximately 642.75m new Ocean Sky shares to the vendors and the arranger, at an indicative issue price of SGD 0.352 per new share.

 

Link (THM) Holdings Pte. Ltd and its subsidiaries are engaged in the development of luxury landed residential, integrated mixed development, commercial and industrial property projects.

 

Stamford Law Director, Bernard Lui, and Associate Director, Ryan Lin, led the transaction team.

 

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