3 June, 2014

On 14 April 2014, it was announced that Sound Investment Holdings Pte. Ltd., a wholly-owned subsidiary of CapitaLand Limited, intended to make a voluntary conditional offer to acquire all the remaining shares in CapitaMalls Asia Limited (CMA), CapitaLand’s 65.3% subsidiary, for SGD 2.22 per share. The offer was increased to SGD 2.35 per share on 16 May 2014, valuing CMA at SGD 9.16bn.

Stamford Law is advising Deutsche Bank AG, Singapore Branch in relation to its role as the independent financial adviser to the Independent Board Committee of CMA. The team is led by director Min-tze Lean.

Conventus Law

Follow us on Twitter @conventuslaw