A notice was filed by BCP TopCo XII Pte Ltd. (“Acquirer”) pursuant to a Share Purchase Agreement (“SPA”) between itself and ASK Investment Managers Limited (“Target”), persons set out in the SPA and the Shareholders Agreement, inter alia between the Acquirer and the Target. The Acquirer and the Target will be collectively referred to as (“Parties”). The notice envisages the acquisition of up to 71.25% shareholding (fully diluted) in the Target by the Acquirer from various selling shareholders (“Proposed Combination”) along with certain rights. Acquirer is a newly created entity incorporated in Singapore. It is controlled by funds advised and/or managed by affiliates of the
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