Advised Blue Chandra as Singapore counsel on the INR1.062 billion sale of 8,428,510 equity shares as selling shareholder in the initial public offering of Samhi Hotels Limited (“Company“) on BSE Limited and National Stock Exchange of India Limited. Blue Chandra is a Singapore incorporated company and a subsidiary of Equity International Fund V.
The Company operates a hotel ownership and asset management platform in India, which focuses on ownership of hotels, managing assets, marketing strategies and online reservation systems.
Advising Blue Chandra was Partner Hoon Chi Tern.