S$244 million rights issue of perpetual convertible capital securities by First Sponsor Group Limited
Allen & Gledhill advised DBS Bank Ltd. (“DBS”) on the S$244 million renounceable rights issue of subordinated perpetual convertible capital securities (“Rights Issue”) by First Sponsor Group Limited.
DBS was appointed manager for the Rights Issue.
Advising DBS was Allen & Gledhill Partner Wu Zhaoqi.