S$932 million conventional loan and Islamic Murabahah facilities to Chuan Park Development Pte. Ltd
Allen & Gledhill, as transaction counsel, advised United Overseas Bank Limited (“UOB”), Malayan Banking Berhad, Singapore Branch (“Maybank”), Hong Leong Finance Limited (“HLF”), and Bank of China Limited, Singapore Branch (“BOC”), on the S$932 million conventional loan and Islamic Murabahah facilities to Chuan Park Development Pte. Ltd..
The facilities were used to, amongst others, partially finance the acquisition via collective sale of the Chuan Park condominium and the development and construction of a residential development on the site.
Advising UOB, Maybank, HLF, and BOC were Allen & Gledhill Partners Aloysius Ng and Lyn Wee.
