Voluntary unconditional offer for Silverlake Axis Ltd.

Advising E2I Pte. Ltd. in its voluntary unconditional offer for Silverlake Axis Ltd. (which is listed on the Main Board of the Singapore Exchange Securities Trading Limited), in consideration for cash or a combination of cash and offeror redeemable preference shares. Based on: (a) the immediate cash offer price of S$0.36 per share, Silverlake Axis Ltd. is valued at approximately S$905.3 million; and (b) the immediate cash offer price of S$0.30 coupled with the deferred redemption amount of S$0.18 per share, Silverlake Axis Ltd. is valued at approximately S$1.2 billion. The group is a leading enterprise technology, software and services company in the Asia Pacific region. Partners Danny Lim and Cheryl Tay from the Capital Markets / Mergers & Acquisitions Practice Group, along with Partners Lee Xin Mei and Adzfar Alami from the Banking & Finance Practice are leading the transaction.