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Corporate Lawyers |

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Partner
Corporate
terence.lin@rodyk.com
+65 6885 3635
Acted for Raffles Education Corporation (REC) in its US$6.3 million acquisition of Shan Xi Education Investment Co Ltd through its wholly owned subsidiary in China.
Acted for Changi Airports International in its RMB1.08 billion (S$214 million) acquisition of a 29% stake in Nanjing Lukou International Airport, China's fifth largest in terms of international cargo volume.
Acting in the financing aspects for Cockpit International in its sale of IBIS Novena (by way of share purchase) for S$118 million cash. The IBIS Novena is a 3-star hotel located along Balestier Road comprising 241 guest rooms. It opened in April 2011 and is believed to be Singapore's second international economy hotel. It is believed that the IBIS Novena will be included in the assets to be listed in the hospitality REIT sponsored by the Purchaser in the second half of 2011.
Acted in the share sale & purchase for the purchaser Norman Winata who incorporated a fund for the acquisition of One Finlayson Green at a purchase price of S$145 million.
Acted for Overseas Union Enterprise (OUE) in the sale of the property formally known as The Parisian located at 21 Angullia Park, via the sale of OUE's subsidiary OUE (Angullia) Pte Ltd to China Sonangol Land at the purchase price of S$283 million. Rodyk also acted in the discharge of the liabilities of OUE, OUE (Angullia) Pte Ltd and Angullia Development Pte Ltd, and the related restructuring with Standard Chartered Bank.
