21 October 2024

Allen & Gledhill, as transaction counsel, advised Mizuho Bank, Ltd. (“Mizuho Bank”) and RHB Bank Berhad (“RHB”) on the S$224 million term loan facilities (“Facilities”) to YTL Cement Singapore Pte Ltd.

The Facilities will be used to finance the acquisition of approximately 81.24% of the ordinary shares and the mandatory general offer for the remaining ordinary shares in NSL Ltd., a company listed on the Mainboard of Singapore Exchange Securities Trading Limited.

Advising Mizuho Bank and RHB was Allen & Gledhill Partner Aloysius Ng.

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