S$652.5 million divestment of 50% indirect stake in NEX by Mercatus Tres Pte. Ltd.
A&G News 20 February 2023
Allen & Gledhill, as transaction counsel, advised Mercatus Tres Pte. Ltd. (“Mercatus”), a subsidiary of Mercatus Co-operative Limited, on its $652.5 million divestment of its 50% indirect interest in Gold Ridge Pte. Ltd., which owns, manages and operates NEX, to Frasers Centrepoint Trust and Frasers Property Limited.
Advising Mercatus were Allen & Gledhill Partners Ho Kin San, Song Su-Min and Tan Boon Wah.