VL acts in sale of stake in SC Capital Partners to CapitaLand Investment

We are proud to have supported SC Capital Partners Group (SCCP), a leading global real asset manager, and Mr. Suchad Chiaranussati, Chairman and Founder of SCCP, on an agreement to sell a 40% stake to CapitaLand Investment Limited (CLI) for S$280 million (US$214 million). CLI will acquire the remaining stake in SCCP in phases over the next five years, subject to the fulfilment of conditions, providing a pathway for CLI’s full ownership of SCCP by 2030. SCCP is a leading Asia Pacific real estate investment manager headquartered in Singapore with a presence across eight locations in the region and has a total funds under management of S$11 billion.