Rowsley Appoints Credit Suisse (Singapore) as a Financial Advisor in Proposed Acquisition
TSMP Law Corporation is pleased to announce that it is acting as legal advisor to Credit Suisse (Singapore) in this up-to-S$1.9 billion deal.
Credit Suisse (Singapore) is advising mainboard-listed real estate firm Rowsley Limited in the latter's proposal to acquire the entire issued and paid-up share capital of Sasteria Pte Ltd.
In a Singapore Exchange filing, Rowsley said: "The board also wishes to announce that the company is in the process of preparing and negotiating the terms of the definitive agreements to be entered into in relation to its proposed acquisition of the share capital of Sasteria Pte Ltd. The company will make appropriate update announcement(s) on the proposed transactions at the relevant time."
Rowsley has advised shareholders and investors to refrain from taking any action which may be prejudicial to their interests, and to exercise caution when dealing in the securities of the company.