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23 June 2014


Colin Ng & Partners LLP acted for DBS Bank Ltd in relation to a revolving credit facility to NV Multi Corporation (Singapore) Pte Ltd


Colin Ng & Partners LLP ("CNP") acted for DBS Bank Ltd., Labuan Branch (the "Lender") in relation to a S$75,000,000 revolving credit facility to NV Multi Corporation (Singapore) Pte Ltd, a subsidiary of NV Multi Asia Sdn Bhd in Malaysia, which is a pioneering company in the bereavement industry.

The security for the facility included a Singapore law debenture and a Malaysian law assignment and charge over accounts. CNP was involved in reviewing the facility agreement and assignment and charge over accounts, preparing the debenture and Singapore law legal opinion and assisting with the completion of the transaction in Singapore. The Lender's Malaysian law counsel was Zul Rafique & Partners.

The CNP lawyers advising the Lender were Bill Jamieson, Partner and Manisha Rai, Associate.





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