World Class Global Limited’s S$192.33 Million Privatisation

Rajah & Tann acted for World Class Global Limited in the privatisation scheme of arrangement by its controlling shareholder, Aspial Corporation Limited.

Based on the offer price of S$0.21 per share, World Class is valued at S$192.33 million, with the offer consideration to be satisfied by way of issue of new Aspial shares.

World Class Global Limited provides property development services. The Company constructs residential buildings, as well as offers property investment services. 

The Rajah & Tann was led by Partner Danny Lim (Picture). 

Involved fees earner: Danny Lim – Rajah & Tann LLP;

Law Firms: Rajah & Tann LLP;

Clients: World Class Global Limited;

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Sonia Carcano

Author: Sonia Carcano