DBS sets up dedicated project finance team

Lim Wee Seng is to head a project finance team that will focus on Asia's infrastructure needs for the next decade.
Lim Wee Seng
Lim Wee Seng

DBS Bank said yesterday that it has set up a dedicated project finance team in order to serve its corporate and sovereign customers as Asia develops its infrastructure.

The team will initially be made up of four professionals and will be led by Lim Wee Seng, managing director for project finance. Lim joined DBS in May 1995, and has originated and led key transactions for the bank. These include multi-billion dollar stapled financing packages supporting the acquisition of Senoko Power and PowerSeraya and the S$2.25 billion $1.64 billion financing of Huaneng Group's purchase of Tuas Power. Outside Singapore, his credits include the $2 billion project financing for a Reliance Petroleum greenfield refinery.  ...

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