Rodyk – Acquisition of 24.97% of Raimon Land PLC – S$353 Million

Rodyk acted for JS Oil Pte Ltd, a Singapore-incorporated company wholly-owned by Lionel Lee, a Singaporean entrepreneur who heads Singapore-listed Ezra Holdings Limited, in its acquisition of 24.97% of Raimon Land PLC, Thailand’s leading high-end property developer which is listed on the Stock Exchange of Thailand. The investment by JS Oil Pte Ltd values Raimon Land PLC at approximately S$353 million.

Corporate partner Ng Eng Leng led the matter supported by senior associate Li Shu Hui and associate Grace Ong.

www.rodyk.com


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