Cases
Representative Matters: Banking
Finance: Represented a PRC bank on its US $97.5 million loan
proposed restructuring of financial indebtedness
liabilities of its wholly owned subsidiary with an established Singapore bank.
Advised one of Korea's largest commercial bank in relation to structuring of a novation of US $100 million facility.
Advised Morgan Stanley as financial adviser to OUB on the competing $5 billion bids by UOB
DBS as part of the consolidation of the Singapore banking market.
Advised Asian Development Bank as senior lender in connection with the US$268 million equivalent Tala-Delhi Transmission project in India, the first private-public partnership in the transmission sector in India.
Advised Pan Asia Paper Co. Ltd. on its US$330 million joint venture relating to a greenfield newsprint mill in Hebei, PRC
advised Hebei PanAsia Long-Teng Paper Co. Ltd. on the subsequent US$215 million project financing - Project Finance Magazine's Asia-Pacific Industrial Deal of the Year, 2003.
Advised a Japanese sponsor
supplier on its support, offtake
supply obligations owing to defaults of a chemicals company under project-financed bank facilities in Indonesia.
Advised Citicorp North America, Inc., in relation to the second lien syndicated financing facility to the Quintiles group of pharmaceutical companies.
Advised a trade creditor in relation to claims exceeding US$500 million against the Asia Pulp
Paper Group
the Asia Food
Properties Group.
Advised Creative Technology Ltd in relation to a S$150 million syndicated loan facility arranged by ABN-Amro Bank.
Advised RHB Bank in relation to the acquisition financing of an Indonesian Production Sharing Contract for US$150 million by a regional leading investment firm.
Advised a leading Japanese bank in relation to its US$100 million financing to a listed Singapore REIT.
Advised RHB Bank on numerous vessel financing transactions.
Advised a number of leading Korean banks on their regulatory issues.
Equity Capital: Advised Goodpack Limited in relation to its renounceable non-underwritten rights issue of up to 93,473518 warrants in the capital of the company.
Advised British
Malayan Trustees Ltd, as the trustee for Allco REIT in relation to the initial public offering on the SGX of 321,255,000 units in Allco REIT, sponsored by the Allco Finance Group Limited of Australia.
Advised Keppel L
Limited, as the sponsor for K-REIT Asia in the issue of up to S$440.1 million in K-REIT Asia units listed by way of an introduction on SGX.
Advised Swissco International Limited in relation to its initial public offering of 45,000,000 ordinary shares of S$0.08 each.
Advised Phillip Securities Pte Ltd as underwriter in relation to the renounceable rights issue of 112,525,470 new ordinary shares of S$0.10 each in the capital of Tiong Woon Corporation Holding Ltd.
Advised Vibropower Corporation Limited in relation to its bonus warrant issue of 29,047,557 bonus warrants on the basis of three (3) bonus warrants for every ten (10) existing ordinary shares held.
Advised Amtek Engineering Ltd on the private placement of 6,000,000 new ordinary shares at a price of $1.18 for each new share.
Advised the selling shareholders on the 125 million disposal of Prebon Group to Collins Stewart Tullett.
Advised ABN AMRO Rothschild (AAR) as Global Co-ordinator
AAR, Goldman Sachs
ING Bank as joint bookrunners on the US$3 billion IPO of leading Malaysian telecommunications company, Maxis Communications.
Advised DBS on the proposed secondary listing of Singapore Depository Receipts of Varun Shipping Co Ltd (a company listed on the Mumbai Stock Exchange) on the Singapore Stock Exchange.
Advised Kenetics Innovations on its listing on the Alternative Investment Market (AIM).
Advised Creative Technology on the voluntary delisting of its shares from the Nasdaq Global Market (Nasdaq).
Advised Otto Marine Limited on its S$95.0 million share placement.
Advised Otto Marine Limited on its S$119 million fully-underwritten renounceable rights issue.
Advised Otto Marine Limited on its IPO on the Singapore Stock Exchange which raised net proceeds of S$97.7 million.
Advised on the Singapore law aspects on a relisting of a China company on the Shenzhen Stock Exchange that delisted from NASDAQ.
Advised on the Singapore law aspects on a listing of a China company on the Hong Kong Stock Exchange.
SGX Regulatory: Advised SEB Private Bank SA on regulatory issues concerning the setting up of its private banking business, internet banking, offering of investment funds over the Internet, anti-money laundering
anti-terrorism financing compliance.
Advised Powermatic Data Systems Ltd, a company listed on SGX-ST, in relation to the sale-
-leaseback of its property at 135 Joo Seng Road to MacarthurCook Industrial Real Estate Investment Trust.
Advised Hersing Corporation Ltd, a company listed on SGX-ST, in relation to its proposed joint venture with a global real estate investment fund for the divestment
expansion of its self-storage business.
Advised SMB United Limited, a company listed on SGX-ST, in relation to the implementation of its Performance Share Plan
Share Buy-back M
ate.
Debt Capital: Advised Nucleus Electronics Ltd in relation to the issue of up to S$12 million of unsecured non-interest bearing convertible notes due 2007 to Quantum Capital Asset Management Limited.
Represented DBS with respect to the initial listing of units issued by ABF Singapore Bond Index Fund on the Singapore Stock Exchange, which raised over S$456 million at the close of its initial public offer.
Advised Otto Marine in relation its establishment of a SGD 500 million (USD 364.6 million) multicurrency term note ( MTN ) programme with arranger St
ard Chartered Bank.
Advised Otto Marine on its amendment of certain financial covenants in connection with Series 2 of its MTN programme.
Private Equity: Advised Dymon Asia Private Equity in its S$15.0 million investment in Goodrich Global Holdings Pte Ltd, a Singaporean interior furnishings firm.
Advised Dymon Asia Private Equity in its S$15.0 million investment
approximately 30 percent ownership stake in HSL Constructor Pte Ltd., a leading Singapore marine civil engineering
construction firm.
Advised Dymon Asia Private Equity in its acquisition of a majority stake in Atlas Vending, which is now the largest independent vending machine owner
operator in the Asia Pacific region.
Advised a US$200 million Cayman Private Equity Fund on the disposal of its US$60 million interests in the Alibaba Group.
Advised on the formation of a US$150 million Cayman Private Equity Fund.
Mergers
Acquisitions: Represented Best World International, a Singapore-based premium skincare product developer, in its 27.7 million investment to acquire a minority stake in Margaret Dabbs London, a British luxury br
.
Advised U.S.-based private equity firm, Platinum Equity, on its US $203 million acquisition of SGX-listed electronics manufacturer, PCI Limited.
Advised White Lodge Education Group Services Pte. Ltd. on its acquisition of certain shares
capital injection in the capital of Invictus International School Pte Ltd.
Advised Yangzijiang Shipbuilding (Holdings) Ltd on its US $46 million acquisition of a tanker
ship management company.
Advising a private equity firm in its US$80 million acquisition of a premium design store.
Advised an offeror in relation to the acquisition of a Singapore listed retailer with regional offices with a market capitalisation of S$150 million.
Advised a leading regional investment firm on the acquisition of a majority interest in an Indonesian Production Sharing Contract from a listed oil
gas exploration company with a structure that includes sliding-scale future contingent payments based on certification of oil
gas reserves, a partial carry of exploration wells owned by the vendor
a cash payment upon declaration of the first new exploration discovery.
Advised a sovereign wealth fund to acquire a Korean construction company for 200 billion Korean won.
Advised Federal International in relation to its US$30 million disposal of a Floating Storage Offloading ( FSO ) Vessel to a leading Indonesia investment group.
Advised Federal International on the charter contract awarded by CNOOC to supply a Floating Storage Offloading ( FSO ) vessel for a period of five years
renewable for a further period of five years, for operation at the Widuri Terminal, Indonesia.