Danny Lim, Benjamin Beh and Penelope Loh from the Corporate & Capital Markets Practice are acting for SHC Capital Limited, which is listed on the Catalist of the SGX-ST, in its placement of an aggregate 14,000,000 new shares at S$0.1067 per placement share to 9 investors.

SHC Capital Limited is the insurance arm of the See Hoy Chan Sdn. Berhad Group, which has diversified business interests in property development, property investment, facilities investment, amongst others.