Mandatory unconditional cash offer for Ying Li International Real Estate Limited

A&G News 20 May 2019

Allen & Gledhill advised Ying Li International Real Estate Limited (“Ying Li”) on the mandatory unconditional cash offer for all the issued and paid-up ordinary shares in its capital made by DBS Bank Ltd., for and on behalf of State Alpha Limited (“State Alpha”). State Alpha is a unit of China Everbright, a leading cross-border investment and asset management company in China.

The acquisition and offer are anticipated to improve Ying Li's company profile in the equity and debt capital markets.

Advising Ying Li are Allen & Gledhill Partners Andrew M. Lim and Lee Kee Yeng.