30 April 2013
The Singapore office of Watson, Farley & Williams (“WFW”), a leading international law firm, along with its Singapore law capability Asia Practice LLP, is pleased to announce that it has, in conjunction with Asia Practice LLP, advised the Reignwood Group on the acquisition of the entire share and loan capital of Sardinia Properties Pte Ltd (the “Target”).
The Target is the developer of a high-end luxurious property known as the “Hamilton Scotts”, located in Singapore.
The vendors are a conglomerate of institutional investors led by the KOP Group, a developer of luxurious properties all over the world.
Dr. Chanchai Ruayrungruang is the founder of the Reignwood Group which is a multinational enterprise with investments in key industries including modern services, consumer goods, green industries, health & wellness, financial services, real estate, aviation, energy and mining. The Reignwood Group today has branch offices in Singapore, Thailand, Canada, United States, United Kingdom, Germany, and Switzerland.
The WFW team was led by partner Ivan Chia.
Partner Ivan Chia said: “We are pleased to have been involved with this very exciting transaction which has given the Reignwood Group a grand entrance into the Singapore property development sector. With Dr Chanchai’s vision, the “Hamilton Scotts” will no doubt become one of the most iconic landmarks in Singapore.”