14 April, 2015
The Firm is acting for holding, management and investment company Keppel Land Limited (“KLL”) in the voluntary unconditional cash offer by Keppel Corporation Limited (“KCL”) for KLL. KCL is adopting a two-tier price approach, being a base offer price of SGD 4.38 per share and a higher offer price of SGD 4.60 per share, to be paid if KCL is entitled to exercise its rights of compulsory acquisition under the Companies Act. The value of the transaction is expected to be up to approximately SGD 3.59bn.
Advising KLL on the transaction are Joint Managing Partner of WongPartnership, Ng Wai King and Partners Low Kah Keong, Tan Sue- Lynn, and Hui Choon Yuen.
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