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S$1.160 billion rights issue of new ordinary shares by Frasers Property Limited
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Allen & Gledhill advised Frasers Property Limited (“Frasers Property”), as transaction counsel, on its renounceable non-underwritten 37-for-100 rights issue of new ordinary shares which raised S$1.160 billion in gross proceeds.
Advising Frasers Property as to Singapore law was Allen & Gledhill Partner Rhys Goh and Counsel Alvin Zhuang.