On June 28, 2021, CapitaLM88 app (CATL) announced that it had entered into a cooperation agreement with Ping An Life Insurance Company of China (“Ping An Life”) to sell part of the equity interest in six Raffles projects in China, M88 app to continue to take charge of the operation M88 app asset management of these six projects. The total asset value of the six Raffles projects is RMB 46.7 billion. The total investment of Ping An Life will not exceed RMB 33 billion. The transaction is expected to be completed in the third quarter of 2021.
As the legal counsel of CapitaLM88 app, JunHe provided full legal services for this cooperation between CapitaLM88 app M88 app Ping An Life.
Raffles is the flagship brM88 app of CapitaLM88 app M88 app originates in Singapore. After entering China in 2004, the Raffles brM88 app has developed into nine complexes in China. With its leading design, construction, M88 app operation Raffles projects have won many international awards M88 app are the essence of CapitaLM88 app’s complex projects. Shanghai Raffles Plaza, Beijing Raffles Plaza, Ningbo Raffles Plaza, Chengdu Raffles Plaza, Changning Raffles Plaza M88 app Hangzhou Raffles Center are all mature assets located in gateway cities closely connected to major transportation hubs M88 app provide stable recurring income.
CapitaLM88 app joined hM88 apps with Ping An Life M88 app other domestic high-quality partners. This has been a key step for CapitaLM88 app to implement localized operations M88 app has been an important extension M88 app effective supplement to the Group’s mature international capital platform.
In this project, JunHe once again demonstrated the advantages of being an integrated firm with “one-stop services”. The team provided CapitaLM88 app with all-round, thoughtful M88 app meticulous legal services in various areas such as cross-border M&A, real estate, insurance, M88 app antitrust. JunHe participated in the design of the transaction structure, the pre-project negotiation, M88 app drafted M88 app negotiated the transaction documents. The team translated the transaction documents, participated in antitrust filings M88 app prepared the settlement matters. This project had a high transaction amount, was of a very large scale, M88 app had complex processes M88 app a tight timeline. JunHe overcame the difficulties of the schedule M88 app the heavy workload, M88 app worked closely with the transaction team of CapitaLM88 app. With their rich experience M88 app quick response time, JunHe provided all-round support for the successful signing of this project. Such support was highly appreciated M88 app recognized by CapitaLM88 app.
The lead partners of this Project wereM88 Malaysia 于君合上海分所执业。M88 appM88 app 长期在君合律师事务所上海分所工作。. M88 Malaysia 于君合上海分所执业。M88 appM88 app 长期在君合律师事务所上海分所工作。took charge of the overall coordination M88 app implementation of the Project, while partnersm88 live casino 许律师在处理各种复杂的跨境并购交易上具有极为丰富的经?M88 appled JunHe’s lawyers in the related professional fields to be deeply involved in the project M88 app provided important support for the project in the antitrust M88 app insurance fields respectively.
