Recent Transactions involving Lee & Lee
The Mergers and Acquisitions team, comprising Adrian Chan, Lun Chee Leong and Liane Lim acted for Golden Star Group Limited in the mandatory offer for Novo Group, a company with dual primary listings in Singapore and Hong Kong. The offer was notable in that it had to comply with both the Hong Kong and Singapore takeover codes.
The team had also acted for Biosensors International Ltd in a S$1.14 billion privatisation by way of an amalgamation with a substantial shareholder. This privatisation exercise is the first amalgamation of a Bermuda company with a primary listing in Singapore.
The team is also acting for certain Eu family members in the voluntary conditional cash offer for Eu Yan Sang International Ltd by Righteous Crane Holdings Pte. Ltd. (a consortium between Tower Capital TCM Holdings L.P., Temasek Holdings (Private) Limited. and Eu family members).
Other recent transactions include acting for Indiabulls Properties Investment Trust managed by Indiabulls Property Management Trustee Pte. Ltd. in the mandatory unconditional cash offer for the business trust by Grapene Limited, Popular Holdings Limited in the voluntary conditional cash offer by Grand Apex Holdings Pte. Ltd. and Wheelock Properties (Singapore) Limited as a consortium member of the offeror for the mandatory conditional cash offer for Hotel Properties Limited.