Yong Xin appoints UOB Kay Hian as financial adviser in Oriental Land acquisition
Replacing PrimePartners Corporate Finance.
The Board of Directors of Yong Xin International Holdings Ltd. has announced that it has appointed UOB Kay Hian Private Limited as
its new financial adviser for the proposed acquisition by Yong Xin of the entired issued share capital of Oriental Land Limited in a reverse takeover transaction.
UOB Kay Hian Private Limited replaces place of PrimePartners Corporate Finance Pte. Ltd. (“PPCF”). The Company and PPCF have mutually agreed to terminate the appointment of PPCF as financial adviser to the Proposed Acquisition.
The Proposed Acquisition is subject to numerous conditions being fulfilled and there is
no certainty or assurance as at the date of this announcement that the Proposed
Acquisition will be completed.