09 Dec 2019

Loan to PT Medco Power Sentral Sumatera

Partners Ibrahim Sjarief Assegaf and Kanya Satwika from Assegaf Hamzah & Partners acted for Asian Development Bank, International Finance Corporation, The Leading Asia’s Private Infrastructure Fund administrated by ADB, MUFG Bank, Ltd., and Sumitomo Mitsui Banking Corporation in its US$222 million loan to PT Medco Power Sentral Sumatera for the development of a 275 MW Riau Combined-Cycle Power Plant (one of the first generation of gas-fired IPPs).

05 Dec 2019

Acquisition of the issued and paid-up share capital of Ophir-Rochor Hotel Pte. Ltd

Partners Tracy Ang, Elsa Chai and Ng Sey Ming from Rajah & Tann Singapore acted for Hoi Hup Realty Pte. Ltd. in the S$475 million acquisition of the entire issued and paid-up share capital of Ophir-Rochor Hotel Pte. Ltd., the registered proprietor of the property situated at 5 Fraser Street Singapore 189354 and known as Andaz Singapore.

02 Dec 2019

Offering of notes due 2022

Partners Angela Lim and Eugene Lee from Rajah & Tann Singapore represented Zhenjiang Transportation Industry Group Co., Ltd. as international counsel in its offering of US$220 million 7.00% notes due 2022. The notes are governed by English law and listed on the Singapore Exchange.

19 Nov 2019

Pre-conditional voluntary exit offer for the shares of CITIC Envirotech Ltd

Partners Danny Lim and Cynthia Wu from Rajah & Tann Singapore are advising CKM (Cayman) Company Limited, a special purpose vehicle of CITIC Environment Investment Group Co., Ltd, as offeror in its S$1.34 billion pre-conditional voluntary exit offer for the shares of CITIC Envirotech Ltd. CITIC Envirotech group is a leading membrane-based integrated environmental solutions provider specialising in water and wastewater treatment, water supply and recycling.