18 September, 2014

Stamford Law is advising the receivers and managers of Singapore Flyer Pte. Ltd. (in receivership) (SFPL) in the SGD 140m sale to Straco Leisure Pte. Ltd of SFPL’s business and assets, including the giant observation wheel known as the “Singapore Flyer”. Ferrier Hodgson was appointed the receivers and managers over the charged assets of SFPL. Straco Leisure is a subsidiary of Singapore Exchange-listed Straco Corporation Limited, which has a portfolio of tourist attractions and related projects in Chinese cities.

 
The Stamford Law team is led by directors  Chuan Thye Tan, Min-tze Lean and Justin Yip. Firm Lee & Lee is acting for the Straco group.

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