Mazars' involvement as a joint-business valuer

Mazars is pleased to participate in commemorating Pacific Star Development Limited’s significant milestone in its corporate evolution at a Listing Ceremony at the Singapore Stock Exchange on Thursday 16 February 2017, following the successful Reverse Take Over (RTO) exercise involving LH Group Limited acquiring Pacific Star Development Group of Companies.

Mazars was represented in the event by its Head of Valuation, Partner, Mr Lai Keng Wei, (2nd row, 4th from the left).

Pacific Star Development Limited (“PSD”)  is an ASEAN-focused real estate developer with over a decade in real estate investment management experience. Counting among its past investments the highly successful mixed-use project, Pavilion in Kuala Lumpur, PSD has acquired both an extensive regional network as well as a solid background in development management. PSD has previously invested and completed two residential projects in key prime locations in Bangkok and two in Kuala Lumpur, which were completely sold out upon completion.

In this photo, Mr Glen Chan, CEO and Managing Director of PSD presented the commemorative plaque to our Partner, Keng Wei. This is in recognition of Mazars’ contribution as the joint-business valuer in this successful RTO.