Danny Lim.JPEG

Danny Lim

Partner, Rajah & Tann Singapore LLP

Practice Area:

Capital Markets
Mergers & Acquisitions

LLB (Hons), National University of Singapore
MSc (Applied Finance), Nanyang Technological University
Advocate & Solicitor, Supreme Court of Singapore

T +65 6232 0475 / +65 9452 0078
E danny.lim@rajahtann.com

As a Partner in the Corporate and Capital Markets Practice Group, Danny regularly keeps pace with his clients as they "bulk up" or "slim down" through all forms of corporate exercises (including fund-raising, acquisitions, disposals, investments, IPOs, delistings and restructurings).

Guided by his professional motto "Deal-make, and not deal-break. Always find a way to bridge the gap between negotiating parties and close the deal", Danny has, for nearly two decades now, practised and advised on all aspects of corporate legal advisory and transactional work, including share purchases, asset disposals, joint ventures and investments, takeover offers, IPOs, rights issues, placements, reverse takeovers, delistings, corporate restructurings and reorganisations, and continuing listing compliance. Danny's clients comprise MNCs, SMEs, private equity and institutional investors, Singapore and foreign listed companies, financial institutions and others. He has, in particular, represented local and regional clients in their out-bound investments into the PRC, and conversely, PRC clients making in-bound investments into Singapore, including acquiring substantial stakes in Singapore listco targets and listing via IPOs and reverse takeovers.

Experience
  • Disposal of S$25.21 million Shares in Ying Li International Real Estate Limited:
    Advised Zana China Fund L.P. in the S$25.21 million disposal of its entire equity interest in Leap Forward Holdings Limited, which in turn holds 8.02% of the shares in Ying Li International Real Estate Limited (which is listed on the Main Board of the Singapore Exchange), to Intermittent Glow Limited and Elite Giant Limited. Zana China Fund L.P. is managed by Zana Capital Pte Ltd, a leading private equity firm, and is a fund focused on providing development capital to SMEs with business within Greater China. Ying Li International is an established premier Chongqing-based property developer, principally engaged in the development, sale, rental, management and long-term ownership of high quality commercial and residential properties in the prime locations of Chongqing and Beijing (November 2016)
  •  Voluntary Delisting of China New Town Development Company Limited pursuant to S$689.22 million Conditional Cash Offer by way of Selective Share Buyback:
  • Advised China New Town Development Company Limited, which is dual primary listed on the Main Board of the Singapore Exchange and the Main Board of The Stock Exchange of Hong Kong Limited, on its voluntary delisting from the Singapore Exchange, whilst maintaining its listing on the Hong Kong Stock Exchange, pursuant to a conditional cash exit offer by way of selective share buyback. Based on the tender price of S$0.07 per share, the group is valued at approximately S$689.22 million. The group is an established integrated urbanisation developer and operator in the PRC (October 2016)
  • Disposal of S$390.08 million Shares in CITIC Envirotech Ltd.:
    Advised CITIC Environment (International) Company Limited, being the principal consortium partner together with KKR China Water Investment Holdings Limited and key management personnel, which consortium controls CITIC Envirotech Ltd. (which is listed on the Main Board of the Singapore Exchange), in the disposal of S$390.08 million of shares in CITIC Envirotech by KKR to China Reform Puissance Overseas GP L.P.. CITIC Envirotech is a leading membrane-based water and wastewater treatment and recycling solutions provider, with its business focused in industrial water and wastewater segment, mainly in chemical, petrochemical and industrial parks (October 2016)
  • Voluntary Delisting of Aztech Group Ltd. pursuant to S$21.4 million Exit Offer:
    Advised Aztech Group Ltd., which is listed on the Main Board of the Singapore Exchange, in the exit offer by AVS Investments Pte. Ltd., in connection with its voluntary delisting from the SGX-ST. Based on the offer price of S$0.42 per share, the group is valued at approximately S$21.4 million. The group is engaged in electronics design and manufacturing, LED lighting, material supply and marine, as well as F&B retail and supplies businesses, and is headquartered in Singapore with support offices in USA, Germany, Malaysia, Hong Kong, Philippines and PRC (September 2016)
  • Disposal of US$115 Million Interest in PPL Shipyard Pte Ltd to SembCorp Marine Ltd:
    Advised PPL Holdings Pte Ltd and its wholly-owned subsidiary, E-Interface Holdings Limited, in the disposal of their entire interest in PPL Shipyard Pte Ltd to SembCorp Marine Ltd for US$115,058,934. PPL Holdings is 45% owned by Yangzijiang Shipbuilding (Holdings) Ltd., which is listed on the Main Board of the Singapore Exchange. PPL Shipyard is engaged in the design, construction, repair and improvement of oil rigs, ships and other ocean going vessels (August 2016)
  • Issuance of US$90 million Exchangeable Bonds By Sinochem International (Singapore) Pte. Ltd. to China-Africa Development Fund:
    Advised Sinochem International (Overseas) Pte. Ltd., which is a wholly-owned subsidiary of Sinochem International Corporation (listed on the Shanghai Stock Exchange), on the issuance of US$90 million exchangeable bonds by Sinochem International (Overseas) Pte. Ltd. to China-Africa Development Fund, which are exchangeable into shares of Halcyon Agri Corporation Limited (which is listed on the Main Board of the Singapore Exchange), during an ongoing mandatory cash offer for Halcyon by Sinochem. Halcyon is a global natural rubber supply chain manager, which business activities span the entire natural rubber supply chain with an extensive distribution network covering South East Asia, the PRC, South Africa, the US and Europe. It is one of the top five natural rubber companies globally (August 2016)
  • Conversion of Listing Status of Courage Marine Group Limited from Primary to Secondary Listing on Singapore Exchange:
    Advised Courage Marine Group Limited which is dual primary listed on the Main Board of the Singapore Exchange and The Stock Exchange of Hong Kong Limited, in a conversion of its listing status on the Singapore Exchange to a secondary listing. The group owns and operates bulk carriers, which are deployed around PRC, Japan, Russia, Vietnam, Indonesia, Bangladesh and elsewhere in Asia. These vessels transport dry bulk commodities such as coal, sea sand, gravel, cement, clinker, iron ore, minerals, and wood chips (August 2016)
  • IPO and Listing of Procurri Corporation Limited on Main Board of Singapore Exchange:
    Advised DBS Bank Ltd. acted as the issue manager, bookrunner and underwriter in the S$38.6 million initial public offering and listing of Procurri Corporation Limited on the Main Board of the Singapore Exchange. The group is a leading global independent provider of data centre equipment and IT lifecycle services, with its business covering over 80 countries worldwide. Immediately post-listing, Procurri Corporation had a market capitalisation of S$156.8 million (July 2016)
  • IPO and Listing of Advancer Global Limited on Catalist Board of Singapore Exchange:
    Advised SAC Capital Private Limited as sponsor, issue manager, underwriter and placement agent in the S$9.46 million initial public offering and listing of Advancer Global Limited on the Catalist Board of the Singapore Exchange. The group is an established and diverse integrated services provider offering workforce solutions and services in Singapore through its employment services business, cleaning and stewarding services business and its security services business. Its portfolio includes well-recognised brand names such as "NATION" (for foreign domestic worker employment agencies), FIRST STEWARDS" and "MASTER CLEAN" (for cleaning and stewarding services) and "KC SECURITY and "KH SECURITY" (for security services). Immediately post-listing, Advancer Global had a market capitalisation of S$38.1 million (July 2016)
  • IPO and Listing of United Global Limited on Catalist Board of Singapore Exchange:

    Advised SAC Capital Private Limited and Haitong International Securities (Singapore) Pte. Ltd. as joint placement agents to the S$10.7 million initial public offering and listing of United Global Limited on the Catalist Board of the Singapore Exchange. The group is an established independent lubricant manufacturer and trader that provides a wide range of high quality, well-engineered lubricants under house brands such as "United Oil", "U Star Lube", "Bell1" and "HydroPure", as well as manufactures lubricants for third-party brands. Its core businesses also include trading of base oils, additives and lubricants, and it supplies products globally to over 30 countries and territories in the automotive, industrial and marine sectors. Immediately post-listing, United Global had a market capitalisation of S$70.7 million (June 2016)

  • S$100 million Acquisition of Granite Mining, Quarry Extraction and Architectural Stone and Interior Fit-Out Company by Anchor Resources Limited, together with S$3.2 million Placement of Shares:

    Advised Anchor Resources Limited, which is listed on the Catalist Board of the Singapore Exchange, in its S$100 million very substantial acquisition of GGT Manufacturing Sdn. Bhd., which is principally engaged in the businesses of mining and quarry extraction of dimesion stone granites as well as architectural stone and interior fit-out, and which owns an exclusive dimension stone granite concession of 800 acres in Hulu Terengganu in the State of Terengganu in Malaysia. In conjunction with the acquisition, Anchor Resources has undertaken a S$3.2 million placement of shares to partially finance the costs of the acquisition, with the balance for working capital. Anchor Resources Group's existing business is exploration, mining and production of gold for sale in Malaysia (June 2016)

  • Acquisition of Canaccord Genuity Singapore Pte. Ltd. by SAC Capital Private Limited:

    Advised SAC Capital Private Limited, a local reputable corporate finance boutique which is engaged in corporate finance and transactional advisory for IPOs and listed companies, as well as underwriting, share placement, fund raising and Catalist sponsorships, in its acquisition of Canaccord Genuity Singapore Pte. Ltd. from Canaccord Genuity Group Inc.. Canaccord Genuity Singapore is the Singapore arm of Canaccord Genuity Group, which is listed on Toronto Stock Exchange and London Stock Exchange and is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry, namely, wealth management and capital markets (April 2016)

  • S$847.7 million Merger of GMG Global Ltd and Halcyon Agri Corporation Limited:

    Advised Sinochem International Corporation, which is listed on the Shanghai Stock Exchange, in the S$847.7 million merger of GMG Global Ltd and Halcyon Agri Corporation Limited, which are both listed on the Main Board of the Singapore Exchange. The merger is made by way of Sinochem making a pre-conditional manadatory general offer for the shares of Halcyon Agri, which on completion, will be followed by Halcyon Agri making a voluntary general offer for the shares of GMG Global and the privatisation of GMG Global. Sinochem will ultimately control Haclyon Agri, which will also be injected with natural rubber processing and trading businesses of Sinochem, and become the world's largest natural rubber company (March 2016)

  • Listing of ASD International Holdings Limited on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited by way of Placing:

    Advised ASD International Holdings Limited as Singapore counsel its listing on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited by way of placing. The ASD International group is principally engaged in the sale of imaging electronic components, and original design and original brand manufacturing video and imaging products . Immediately post-placing, ASD International will have a market capitalization of HK$216 million (March 2016)

  • Loan and Investment of US$4.2 million by Fuji Offset Plates Manufacturing Ltd for Cambodian Property Development Project:
    Advised Fuji Offset Plates Manufacturing Ltd, which is listed on the Catalist Board of the Singapore Exchange, in its US$4.2 million loan and investment to Star City Development Co., Ltd. in a joint venture of a property development project relating to two plots of land located in Phnom Penh, Cambodia, which are valued at approximately US$42 million on which Star City intends to build residential and commercial units for sale. Fuji Offset is primarily engaged in the manufacturing and sale of pre-sensitized offset plates as well as investment holding business (February 2016)
  • Placement of S$1.59 million Shares in Dapai International Holdings Co. Ltd. in conjunction with its Reverse Takeover and Transfer of Listing from Main Board to Catalist Board of Singapore Exchange:

    Advised for Dapai International Holdings Co. Ltd., which is listed on the Main Board of the Singapore Exchange, in its S$1.59 million private placement of shares, in conjunction with a proposed reverse takeover involving the acquisition of a substantial stake in Smart Traffic Co., Ltd. and a transfer of the company's Main Board listing to Catalist Board. The placement proceeds will be utilised for payment of costs and expenses in connection with the reverse takeover. Dapai is one of the largest branded backpack company in the PRC and designs, develops, manufactures and sells backpacks under the DAPAI brand, whereas Smart Traffic is a system integrator in Thailand providing solutions based on contactless smart card, and provides a wide range of cutting-edge software solutions and integrated hardware components for toll revenue collection systems, parking revenue collection and management systems, pre-paid cash card systems, reward and loyalty management systems, access control systems, and traffic management systems to both private enterprises and government agencies (February 2016)

  • Issue of US$6.06 million 8% Convertible Bonds and Exchangeable Bonds due in 2017/2018 by QT Vascular Ltd. and its Subsidiary, Quattro Vascular Pte. Ltd.:

    Advised QT Vascular Ltd., which is listed on the Catalist Board of the Singapore Exchange, in the issue of an aggregate US$6.06 million 8% convertible bonds and exchange bonds due in 2017/2018 by the company and its wholly-owned subsidiary, Quattro Vascular Pte. Ltd.. The proceeds are intended for general working capital purposes as well as research and development. The group is engaged in the design, assembly and distribution of advanced therapeutic solutions for the minimally invasive treatment of complex vascular diseases, and its products are marketed in the United States as well as growing medical device markets, including Europe, PRC, Japan and other parts of Asia (January 2016)

  • S$399.78 million Privatisation and Delisting of HTL International Holdings Limited by way of a Scheme of Arrangement by Guangdong Yihua Timber Industry Co., Ltd.:

    Advised BEM Holdings Pte Ltd, being the controlling shareholder of HTL International Holdings Limited, which is listed on the Main Board of the Singapore Exchange, in a possible S$399.78 million privatisation and delisting of HTL International by Guangdong Yihua Timber Industry Co., Ltd. (which is listed on the Shanghai Stock Exchange and primarily engaged in the manufacture, processing and sale of wooden products, including wooden furniture and wooden floors, within the PRC domestic and overseas markets), pursuant to a privatization and delisting scheme of arrangement under Section 210 of the Singapore Companies Act. The HTL International group manufactures, imports, and exports leather sofas and leather upholstery furniture, and sells and distributes upholstered furniture and home furnishing products with a presence in more than 52 countries (January 2016)

  • IPO and Listing of GS Holdings Limited on Catalist Board of Singapore Exchange:

    Advised GS Holdings in its S$6 million public invitation and listing on the Catalist Board of the Singapore Exchange. The GS Holdings group is an established centralised commercial dishware washing company providing a one-stop shop solution for cleaning needs in the F&B industry in Singapore, specialising in end-to-end cleaning services with a focus on centralised commercial dishware washing services. Immediately post-invitation, GS Holdings had a market capitalization of S$31 million (January 2016)

  • Placement of S$10.65 million Shares in HG Metal Manufacturing Limited:

    Advised HG Metal Manufacturing Limited, which is listed on the Main Board of the Singapore Exchange, in its S$10.65 million placement of shares. HG Metal is engaged in wholesale, retailing, trading, sourcing and distribution of steel products and provides steel processing or finishing services, product customisation and solutions for specialised industries (October 2015)

  • Joint Venture in Myanmar by HG Metal Manufacturing Limited:
    Advised HG Metal Manufacturing Limited, which is listed on the Main Board of the Singapore Exchange, as Singapore counsel in its US$24.975 million acquisition of shares in Min Dharma Steel Structures Co. Ltd and joint venture with Min Dharma Heavy Industrial Co., Ltd.. HG Metal is engaged in wholesale, retailing, trading, sourcing and distribution of steel products and provides steel processing or finishing services, product customisation and solutions for specialised industries (October 2015)
  • Delisting of China Merchants Property Development Co., Ltd. from the Singapore Exchange pursuant to RMB57.3 billion Merger with China Merchants Shekou Industrial Zone Holdings Co., Ltd.:

    Advised China Merchants Property Development Co., Ltd., which is primary listed on the Shenzhen Stock Exchange and secondary listed on the Main Board of the Singapore Exchange, as Singapore counsel in its RMB57.3 billion merger with its controlling shareholder, China Merchants Shekou Industrial Zone Holdings Co., Ltd. (which is in turn wholly owned by China Merchants Group Limited). In particular, as part of the PRC merger, China Merchants Property will make an exit offer to shareholders on, and delist from, the Singapore Exchange. The China Merchants Property group is principally engaged in property construction and development businesses in the PRC (September 2015)

  • Placement of S$5.7 million Shares in Medtecs International Corporation Limited:

    Advised Medtecs International Corporation Limited, which is listed on the Catalist Board of the Singapore Exchange, in its S$5.7 million placement of shares to a private investor. The placement is intended to fund working capital. The group is an integrated healthcare products and services provider in the Asia Pacific region, and manufacturer and distributor of medical consumables for the global healthcare industry (September 2015)

  • IPO and Listing of CMC Infocomm Limited on Catalist Board of Singapore Exchange:

    Advised SAC Capital Private Limited, as sponsor, issue manager, underwriter and placement agent in the S$6 million public invitation and listing of CMC Infocomm Limited on the Catalist Board of the Singapore Exchange. The CMC Infocomm group is a regional integrated communications solutions and services provider in Singapore, Thailand and the Philippines. It is engaged in in-building coverage, outdoor construction, telecommunications implementation and maintenance srvices. Immediately post-Invitation, CMC Infocomm had a market capitalization of S$38 million (August 2015)

  • Issue of US$13.4 million 8% convertible bonds due in 2017/2018 by QT Vascular Ltd.:

    Advised QT Vascular Ltd., which is listed on the Catalist Board of the Singapore Exchange, in its issue of US$13.4 million 8% convertible bonds due in 2017/2018. The proceeds are intended to strengthen the financial position of the group and allow it to focus more resources on developing its Drug Coated Chocolate® platform. The group is engaged in the design, assembly and distribution of advanced therapeutic solutions for the minimally invasive treatment of complex vascular diseases, and its products are marketed in the United States as well as growing medical device markets, including Europe, PRC, Japan and other parts of Asia (July 2015)

  • Investment of MYR1.8 billion in Perwaja Holdings Bhd:

    Advised Tianjian Zhi Yuan Investment Group Co. Ltd as Singapore counsel in its MYR1.8 billion investment in Perwaja Holdings Bhd, which is listed on Bursa Malaysia, by way of subscription of shares and rights issue, coupled with debt restructuring of Perwaja. The proceeds will be applied to to purchase equipment to modify, upgrade and enhance the production facilities of Perwaja. Tianjian Zhi Yuan has, amongst others, businesses in minerals, chemicals, alloys, new materials, construction material, real estate, logistics and international trading (July 2015)

  • Renounceable Underwritten Rights Issue of S$18.9 million by Yamada Green Resources Limited:

    Advised Yamada Green Resources Limited, which is listed on the Main Board of the Singapore Exchange, in its S$18.9 million renounceable underwritten rights issue of shares to shareholders. The rights issue proceeds are intended to fund strategic investment and acquisition opportunities as well as general corporate and working capital. The group is a major grower, manufacturer and supplier of fresh and processed agricultural products in Fujian Province in the PRC, and its products are sold in major cities in PRC and Japan through a well-established network under its trademarked brands (June 2015)

  • Exit Offer of S$75.6 million for Action Asia Limited:

    Advised the controlling shareholder, Action Electronics Co., Ltd. (which is listed on the Taiwan Stock Exchange), in its exit offer for Action Asia Limited, which is listed on the Main Board of the Singapore Exchange. Based on the offer price of S$0.19 per share, the target group is valued at approximately S$75.6 million. The target group is engaged in the design, manufacture and assembly of mobile audio and video electronic products for lifestyle entertainment and in-car entertainment multimedia products (March 2015)

  • Disposal of S$15.75 million Shares in Flame Gold International Limited:

    Advised the shareholders of Flame Gold International Limited in their disposal of S$15.75 million shares in Flame Gold International Limited. Flame Gold is the controlling shareholder of HG Metal Manufacturing Limited, which is listed on the Main Board of the Singapore Exchange (February 2015)

  • Placement of S$1.8 million Shares in Lifebrandz Ltd:

    Advised Lifebrandz Ltd, which is listed on the Main Board of the Singapore Exchange, in its S$1.8 million placement of shares to private investors. The placement is intended to fund working capital. The group is currently engaged in brand development and management, with interests in lifestyle-related and entertainment sectors, and leveraging on its core competence in developing brands (December 2014)

  • Reverse Takeover of EpiCentre Holdings Limited:

    Advised EpiCentre Holdings Limited, which is listed on the Catalist Board of the Singapore Exchange, in its proposed reverse takeover, which will see the company acquiring the Healthtrends group of companies operating in Singapore, Malaysia, Vietnam and Hong Kong, which are engaged in the businesses of medical aesthetics and cosmetic surgery, primary care and medical wellness, and distribution of medical products and solutions for S$100 million. The group is currently engaged in digital lifestyle businesses, including the retail of Apple and Apple-related products (December 2014)

  • Pre-conditional Voluntary Offer of S$1.9 billion for United Envirotech Ltd.:

    Advised CITIC Limited and as joint counsel to the offeror, CKM (Cayman) Company Limited, in the approximately S$1.9 billion pre-conditional voluntary offer for United Envirotech Ltd.. The Offeror is a consortium vehicle between CITIC and Kohlberg Kravis Roberts & Co. L.P.. CITIC is the PRC's largest state-owned conglomerate with over 120,000 employees, and businesses including financial services, resources and energy, manufacturing, real estate and infrastructure, and engineering contracting. KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. United Envirotech is listed on the Main Board of the Singapore Exchange and a leading membrance-based water and waste-water treatment and reclamation solution provider with businesses mainly in the PRC's chemical, petrochemical and industrial park sectors (November 2014)

  • Placement of S$14.7 million Shares in HG Metal Manufacturing Limited:

    Advised HG Metal Manufacturing Limited, which is listed on the Main Board of the Singapore Exchange, in its S$14.7 million placement of shares to SEAVI Advent Investments Ltd and Rise Capital Ventures Ltd. HG Metal is engaged in wholesale, retailing, trading, sourcing and distribution of steel products and provides steel processing or finishing services, product customisation and solutions for specialised industries (October 2014)

  • Subscription of S$8 million Redeemable Convertible Preference Shares in OKH Global Subsidiary:

    Advised Zana Asia Fund Limited in its subscription of S$8 million redeemable convertible exchangeable preference shares in Chronoz Investment Holding Pte Ltd, being a wholly owned subsidiary of OKH Global Ltd., which is listed on the Main Board of the Singapore Exchange. OKH Global is engaged in the businesses of property development, integrated construction and infrastructure projects (September 2014)

  • Disposal of S$131.6 million Serviced Residence Properties in Malaysia and PRC:

    Advised Ascott Investment Holdings Ltd and Ascott Serviced Residence (China) Fund in their S$131.6 million divestments of serviced residence properties, namely, Somerset Ampang Kuala Lumpur, Citadines Gaoxin Xi’an and Citadines Zhuankou Wuhan via the sale of interests in their special purpose holding entities (August 2014)

  • IPO of IREIT Global:

    Advised ABN Amro Bank N.V., Singapore Branch, as co-manager and sub-underwriter in the S$372 million IPO of IREIT Global on the Singapore Exchange. IREIT Global invests mainly in office properties in Europe and other real estate-related assets, and has an initial portfolio of four office properties in Germany valued at about S$483 million (August 2014)

  • Placement of S$158 million Shares in SIIC Environment Holdings Ltd.:

    Advised Jefferies Singapore Limited and Credit Suisse (Singapore) Limited as joint placement agents in the S$158 million placement of shares in SIIC Environment Holdings Ltd., which is listed on the Main Board of the Singapore Exchange. SIIC Environment group is a water treatment and management specialist as well as investor in environmental related infrastructure assets, and has developed integrated engineering solutions for water purification, water supply and waste water treatment systems and facilities. It holds a portfolio of Build-Operate-Transfer, Transfer-Operate-Transfer, Build-Own-Operate, and Operation and Management projects in twelve provinces in the PRC (July 2014)

  • Disposal of S$22.67 million Shares in Flame Gold International Limited:

    Advised the shareholders of Flame Gold International Limited in their disposal of S$22.67 million shares in Flame Gold International Limited. Flame Gold is the controlling shareholder of HG Metal Manufacturing Limited, which is listed on the Main Board of the Singapore Exchange (April 2014)

  • Acquisition of S$26.98 million Shares in HG Metal Manufacturing Limited:

    Advised Flame Gold International Limited in its S$26.98 million acquisition of 26.57% shares in HG Metal Manufacturing Limited, which is listed on the Main Board of the Singapore Exchange, from Oriental Castle Sdn Bhd. The group is engaged in wholesale, retailing, trading, sourcing and distribution of steel products and provides steel processing or finishing services, product customisation and solutions for specialised industries (March 2014)

  • Placement of S$32 million Shares in Global Yellow Pages Limited:

    Advised Goubuli Group Co., Ltd. in its S$21 million subscription of new shares in Global Yellow Pages Limited, which is listed on the Main Board of the Singapore Exchange. Goubuli is a well-known food and beverage brand, and owns a chain of fine dining restaurants in the PRC (March 2014)

  • Voluntary Conditional Cash Partial Offer of S$6.3 million for Fu Yu Corporation Limited:

    Advised Fu Yu Corporation Limited, which is listed on the Main Board of the Singapore Exchange, in relation to the S$6.3 million voluntary conditional cash partial offer by an offeror to acquire approximately 10.3% of the total issued and paid-up ordinary shares in the capital of the company. Based on the offer price of S$0.09 per share, the offer values the target group at S$65.96 million. The target group is one of the largest manufacturers and suppliers of high-precision injection moulds and plastic parts in Asia (March 2014)

  • Acquisition of US$309.04 million PRC Property Interests by Yang Guang Co., Ltd.:

    Advised Yang Guang Co., Ltd., which is listed on the Shenzhen Stock Exchange, in its US$309.04 million acquisition of interest in Coralvest Private Limited and Merino Private Limited, which in turn hold interest in Tianjin Jianshe Xinhui Trading Co., Ltd. and Tianjin Zijin Xinjia Trading Co., Ltd., respectively, which are engaged in property development, construction, commercial project management and operation as well as retail-related commercial leasing in the PRC (February 2014)

  • Reverse Takeover of Lifebrandz Ltd:

    Advised Lifebrandz Ltd, which is listed on the Main Board of the Singapore Exchange, in its proposed reverse takeover, which will see the company acquiring a property located in Vietnam of approximately 7,500,000 square metres (which is to be developed into a premium resort comprising championship golf courses, villas, hotel and other outdoor recreational facilities) and a property located at Middle Road of 2,125.20 square metres (which is to be developed into a boutique hotel cum commercial development). The group is currently engaged in brand development and management, with interests in lifestyle-related and entertainment sectors, and leveraging on its core competence in developing brands (February 2014)

  • Placement of S$3,442,500 Shares in Lifebrandz Ltd:

    Advised Lifebrandz Ltd, which is listed on the Main Board of the Singapore Exchange, in its S$3,442,500 placement of shares to private investors. The placement is intended to fund working capital and repayment of shareholder's loan. The group is currently engaged in brand development and management, with interests in lifestyle-related and entertainment sectors, and leveraging on its core competence in developing brands (February 2014)

  • Acquisition of Dalian Serviced Residence by Ascott Residence Trust:

    Advised Ascott Residence Trust, which is listed on the Main Board of the Singapore Exchange, in its S$97.3 million acquisition of interest in Wangze (Dalian) Enterprise Co., Limited, which holds a serviced residence property in Dalian, PRC, from Winner Sight Investments. The 195-unit serviced residence offers a range of one to three-bedroom apartments and penthouses, and is the first international serviced residence in Dalian Development Area (February 2014)

  • Business Diversification of ABR Holdings Limited:

    Advised ABR Holdings Limited, which is listed on the Main Board of the Singapore Exchange, in its business diversification into additional core businesses, comprising residential, commercial, industrial and hospitality property development, redevelopment, sale, lease, management and/or investment and other ancillary or complementary property-related activities. The business diversification is part of the group's corporate strategy to provide shareholders with diversified returns and long term growth. The group primarily manages, franchises and operates a portfolio of well known food and beverage companies and brands, including Swensen's, Yogen Fruz, Gloria Jean's Coffees, Oishi Pizza, Season Confectionary & Café, Hippopotamus and Tip Top Curry Puff (February 2014)

  • Placement of S$877,500 Shares in Nico Steel Holdings Limited:

    Advised Nico Steel Holdings Limited, which is listed on the Main Board of the Singapore Exchange, in its S$877,500 placement of new shares to Bay Eagle Ventures Limited at the issue price of S$0.0675 per share. The placement is intended to fund preliminary exploratory studies into the feasibility of the company venturing into upstream minerals related businesses. The group is currently engaged in the business of providing international grade metal alloys and innovative metallurgical solutions to industries including the HDD, telecommunications, consumer electronics, computer peripherals and other industries (January 2014)

  • Exit Offer of S$470 million in connection with the Voluntary Delisting of China XLX Fertiliser Ltd.:

    Advised the controlling shareholder of China XLX Fertiliser Ltd. (dual listed on the Main Board of the Singapore Exchange and The Stock Exchange of Hong Kong Limited) as Singapore counsel in its exit offer in connection with its voluntary delisting from the Singapore Exchange, whilst retaining its listing on the Hong Kong Exchange. Based on the offer price of S$0.40 per share, the group is valued at approximately S$470 million. The group is engaged in the production and sale of urea, compound fertiliser and methanol in the PRC (December 2013)

  • Placement of S$24.84 million Shares in Thai Village Holdings Ltd:

    Advised Thai Village Holdings Ltd, which is listed on the Main Board of the Singapore Exchange, in its S$24.84 million placement of new shares to Zheng Fengwen and Chen Liping at the issue price of S$0.138 per share. The placement is part of the group's strategy to diversify its businesses from its restaurant operations and restaurant management services, and capitalise on opportunities in commercial properties in Asia (December 2013)

  • Voluntary Conditional Cash and/or Securities Offer of S$1.37 billion for People's Food Holdings Limited:

    Advised New Oceana Limited in its voluntary conditional cash and/or securities offer for all the issued and paid-up ordinary shares in People's Food Holdings Limited, which is listed on the Main Board of the Singapore Exchange. Based on the offer price of S$1.20 per share, the offer values the target group at S$1.37 billion. The target group is principally engaged in the production, processing, marketing and distributing of processed meat products such as high temperature meat products, low temperature meat products, chilled fresh pork, frozen pork, pig's by-products and frozen chicken under its Jinluo brand in the PRC (October 2013)

  • Reverse Takeover of Jubilee Industries Holdings Ltd.:

    Advised Jewelstone Properties Limited in a proposed reverse takeover of Jubilee Industries Holdings Ltd., which is listed on the Catalist Board of the Singapore Exchange. Jubilee will acquire Jewelstone's entire equity interest in Tenderside Ventures Limited which owns indirectly 60% of a property development project known as "Viridea@Medini Lakeside" located in Medini Iskandar, Johor, Malaysia, for a consideration of S$60 million, to be satisfied by issuance and allotment of new shares constituting approximately 53.7% of the enlarged issued share capital of Jubilee at the issue price of S$0.22 per share (October 2013)

  • Exit Offer of S$32.4 million in connection with the Voluntary Delisting of Consciencefood Holding Limited:

    Advised Consciencefood Holding Limited, which is listed on the Main Board of the Singapore Exchange, in the S$32.4 million cash exit offer by Baltic Group Capital Limited in connection with the company's voluntary delisting from the Singapore Exchange. The group is principally engaged in the manufacturing and sale of instant noodles, snack noodles and beverages in Indonesia (September 2013)

  • Acquisition of S$12.96 million Land Drilling Rig by Federal International (2000) Ltd:

    Advised Federal International (2000) Ltd, which is listed on the Main Board of the Singapore Exchange, in its S$12.96 million acquisition of a 1,000 HP Brewstern -85 land drilling rig, which consideration is to be satisfied via a debt set-off and issue of new shares. The group's core businesses in oil and gas include supply, assembly and distribution of flowline control products and distribution of oilfield drilling equipment for use on onshore and offshore rigs and drilling platforms (September 2013)

  • Exit Offer of S$1.07 billion in connection with the Voluntary Delisting of Sound Global Ltd.:

    Advised the controlling shareholder of Sound Global Ltd. (dual listed on the Main Board of the Singapore Exchange and The Stock Exchange of Hong Kong Limited) as Singapore counsel in its exit offer in connection with its voluntary delisting from the Singapore Exchange, whilst retaining its listing on the Hong Kong Exchange. Based on the offer price of S$0.70 per share, the group is valued at approximately S$1.07 billion. The group is engaged in providing turnkey water and wastewater treatment solutions, management of water treatment plants and investments in build, operate and transfer projects, mainly in the PRC (September 2013)

  • Mandatory Unconditional Cash Offer of S$276.9 million for Viz Branz Limited:

    Advised Pluto Rising Pte. Ltd. in its mandatory unconditional cash offer for all the issued and paid-up ordinary shares in Viz Branz Limited, which is listed on the Main Board of the Singapore Exchange. Based on the offer price of S$0.78 per share, the offer values the target group at S$276.9 million. The target group is principally engaged in the manufacturing and exporting of fine-quality instant beverages, mixes, snack food and non-dairy creamer, and sells its products to markets such as the People's Republic of China, South-East Asia, Indochina, Iran, Japan, Africa, the Middle East as well as the United States of America (July 2013)

  • Delisting of China Animal Healthcare Limited:

    Advised China Animal Healthcare Limited (dual listed on the Main Board of the Singapore Exchange and The Stock Exchange of Hong Kong Limited) as Singapore counsel in its voluntary delisting from the Singapore Exchange by way of selective capital reduction, whilst retaining its listing on the Hong Kong Exchange. Based on the offer price of S$0.30 per share, the group is valued at approximately S$572.9 million. The group is principally engaged in the business of manufacturing, sale and distribution of animal drugs. It is one of the leading players in the PRC animal drugs industry with 14 proprietary product brand names for powdered drugs, injection form drugs and biological drugs (May 2013)

  • Sale of Inviragen, Inc. to Takeda Pharmaceutical Company Limited:

    Advised Inviragen, Inc. as Singapore counsel in its sale to Takeda Pharmaceutical Company Limited for an upfront payment of US$35 million, and future progress and milestone payments of up to US$215 million. Inviragen is a privately-held biopharmaceutical company specializing in research and development of innovative vaccines for emerging infectious diseases (May 2013)

  • Placement of S$120 million Shares and Warrants in China Animal Healthcare Limited in connection with its Potential Delisting from the Singapore Exchange:

    Advised China Animal Healthcare Limited (dual listed on the Main Board of the Singapore Exchange and The Stock Exchange of Hong Kong Limited) as Singapore counsel in its S$120 million placement of shares and warrants to Lilly Nederland Holding B.V., as part of its financing for a delisting from the Singapore Exchange (April 2013)

  • US$400 million 8.375 per cent Senior Perpetual Capital Securities Issued by Central Plaza Development Ltd.:

    Advised Beijing Capital Land Ltd. as Singapore counsel to its subsidiary guarantors in connection with US$400 million 8.375 per cent senior perpetual capital securities issued by Central Plaza Development Ltd. The issuer is a subsidiary of Beijing Capital Land, which is listed on The Stock Exchange of Hong Kong Limited. The group is a leading integrated property developer in China, primarily engaged in the development and sale of medium to high-end property projects across the country, with a strong presence in Beijing and Tianjin (April 2013)

  • Placement of Shares by Scorpio East Holdings Ltd.:

    Advised Scorpio East Holdings Ltd., which is listed on the Catalist Board of the Singapore Exchange, in its S$2.21 million placement of shares. Scorpio East is principally involved in distribution of video programmes for home entertainment, acquisition and investment in film contents and movie rights, content production and events organisation featuring renown artistes (March 2013)

  • Placement of Shares by Yamada Green Resources Limited:

    Advised Yamada Green Resources Limited, which is listed on the Main Board of the Singapore Exchange, in its S$9.45 million placement of shares to Hydrex International Pte Ltd, which is wholly owned by the executive chairman of Tee Yih Jia group (a global food and beverage group with operations in Singapore, Malaysia, USA, Europe and PRC). Yamada is a major supplier of self-cultivated shiitake mushrooms and operates one of the largest shiitake mushroom cultivation bases in Fujian Province, PRC (February 2013)

  • Joint Venture by ABR Holdings Limited with Palate Group Pte. Ltd.:

    Advised ABR Holdings Limited, which is listed on the Main Board of the Singapore Exchange, in a S$8 million joint venture with Palate Group Pte. Ltd., for the establishment of All Best Foods Pte. Ltd. to develop, franchise, operate and manage well-known food and beverage brands of ABR, such as Gloria Jean's, Tip Top Curry Puffs, Yogen Früz, Swensen's Ice Cream and Oishi Japanese Pizza (January 2013)

  • Voluntary Conditional Cash Offer of S$20.56 million for Sino Construction Limited:

    Advised Allegro Sky Global Capital Ltd in its voluntary conditional cash offer for all the issued and paid-up ordinary shares in Sino Construction Limited, which is listed on the Main Board of the Singapore Exchange. Based on the offer price of S$0.03 per share, the offer values the target group at S$20.56 million. The target group is principally engaged in building construction and civil engineering activities in Daqing City in the People's Republic of China (December 2012)

  • Subscription for S$19 million Shares in Ezion Holdings Limited:

    Advised EDB Investments Pte Ltd in its S$19 million subscription for shares in Ezion Holdings Limited, which is listed on the Main Board of the Singapore Exchange. The Ezion group specializes in the development, ownership and chartering of strategic offshore assets and the provision of offshore marine logistics and support services to the offshore oil and gas industries (December 2012)

  • Voluntary Conditional Cash Offer of S$67.76 million for China Farm Equipment Limited:

    Advised Dragon Harbour Ventures Limited in its voluntary conditional cash offer for all the issued and paid-up ordinary shares in China Farm Equipment Limited, which is listed on the Main Board of the Singapore Exchange. Based on the offer price of S$0.28 per share, the offer values the target group at S$67.76 million. The target group is principally engaged in the manufacture and sale of combine harvesters, plough machines and diesel engines (December 2012)

  • CNY2 billion 7.60 per cent Guaranteed Bonds Issued by Central Plaza Development Ltd.:

    Advised Beijing Capital Land Ltd. as Singapore counsel to its subsidiary guarantor in connection with CNY2 billion 7.60 per cent guaranteed bonds due 2015 issued by Central Plaza Development Ltd. The issuer is a subsidiary of Beijing Capital Land, which is listed on The Stock Exchange of Hong Kong Limited. The group is a leading integrated property developer in China, primarily engaged in the development and sale of medium to high-end property projects across the country, with a strong presence in Beijing and Tianjin (November 2012)

  • Tussle for Board Control in Grand Banks Yachts Limited:

    Advised Grand Banks Yachts Limited (listed on the Main Board of the Singapore Exchange) and its incumbent board of directors in a tussle for board control arising from a requisition by two shareholders to replace the entire board with their own nominees. The incumbent board successfully repelled the challenge at the extraordinary general meeting. Grand Banks Yachts is engaged in manufacturing and selling of luxury yachts worldwide (October 2012)

  • Sale of S$41.895 million Shares by Controlling Shareholder in Viz Branz Limited:

    Advised the controlling shareholder of Viz Branz Limited (listed on the Main Board of the Singapore Exchange) in his S$41.895 million disposal of shares in the company to Lam Soon Cannery Private Limited. The company is engaged in the production and distribution of a range of instant beverages (comprising mainly cereal mix, coffee mix and tea mix) and snack food in the PRC, South-East Asia (comprising Singapore, Malaysia, Thailand, Indonesia and the Philippines) and Indochina (comprising Myanmar, Cambodia, Vietnam and Laos) (October 2012)

  • Placement of S$47.74 million Shares and Warrants in China Animal Healthcare Limited in connection with its Potential Delisting from the Singapore Exchange:

    Advised China Animal Healthcare Limited (dual listed on the Main Board of the Singapore Exchange and The Stock Exchange of Hong Kong Limited) as Singapore counsel in its S$47.74 million placement of shares and warrants to Themes Dragon International Limited and SEB Sicav 2 – SEB Listed Private Equity Fund, as part of its financing for a delisting from the Singapore Exchange (September 2012)

  • Placement of Shares in Grand Banks Yachts Limited:

    Advised Grand Banks Yachts Limited (listed on the Main Board of the Singapore Exchange) in its S$5.238 million placement to a trust associated with the chairman and chief executive officer of Genting Berhad and the chairman and managing director of the Only World Group (which has substantial interests in theme park and amusement park related activities and food, beverage and project management businesses). Grand Banks Yachts is engaged in manufacturing and selling of luxury yachts worldwide (September 2012)

  • Sale of Vendor Shares in IPO and Listing of JB Foods Limited on Singapore Exchange:

    Advised ECOM AgroIndustrial Corp Limited, a Swiss soft commodities wholesale merchant, as a vendor shareholder in JB Foods Limited's S$30 million public invitation and listing on the Main Board of the Singapore Exchange. JB Foods group is engaged in the production and sale of cocoa ingredient products, namely cocoa butter, cocoa powder, cocoa liquor and cocoa cake and exports its products worldwide to customers ranging from international trade houses to end users. Immediately post-Invitation, JB Foods had a market capitalization of S$120 million (July 2012)

  • Disposal of Guangzhou Serviced Residence by The Ascott Holdings Limited:

    Advised The Ascott Holdings Limited in its S$63.3 million disposal of shares in Hong Kong Yong Zheng Group Company Limited to Ascott Residence Trust, which is listed on the Main Board of the Singapore Exchange. Yong Zheng holds indirectly 100% of Guangzhou Hai Yi Property Development Company, which is established in the PRC and owns a serviced residence located in Guangzhou (July 2012)

  • IPO and Listing of Civmec Limited on Singapore Exchange:

    Advised Civmec Limited in its S$40.4 million public invitation and listing on the Main Board of the Singapore Exchange. The Civmec group is an Australian-based integrated multi-disciplinary construction and heavy engineering services provider to the oil and gas, mining and other industries, such as infrastructure, utilities, chemical and power industries. It provides heavy engineering and other services including fabrication, site civil works, pre-cast concrete and maintenance services. Immediately post-Invitation, Civmec had a market capitalization of S$200.4 million (April 2012)

  • Renounceable Non-Underwritten S$32.69 million Rights Issue of China Paper Holdings:

    Advised China Paper Holdings Limited, which is listed on the Main Board of the Singapore Exchange, in its S$32.69 million rights issue and ancillary capital reorganisation to reduce the par value of its shares. Rights issue proceeds are for funding the construction, installation and operation of an inhouse power generator for the group's paper production facilities in the PRC (March 2012)

  • S$162.8 million Privatisation and Delisting of Nera Telecommunications Ltd by way of Scheme of Arrangement by Singapore Technologies Electronics:

    Advised Singapore Technologies Electronics Limited, being a wholly owned subsidiary of Singapore Technologies Engineering Ltd, which is listed on the Main Board of the Singapore Exchange, in its S$162.8 million attempted acquisition of shares in Nera Telecommunications Limited, also listed on the Main Board of the Singapore Exchange, pursuant to a privatization and delisting scheme of arrangement under Section 210 of the Singapore Companies Act (February 2012)

  • Acquisition of Beijing Residential Properties and Commercial Facilities by Beijing Capital Land:

    Advised Beijing Capital Land Ltd., which is listed on The Stock Exchange of Hong Kong Limited, in its acquisition of shares in Reco Camellia Private Limited and Reco Hibiscus Private Limited from Recosia China Pte Ltd for the aggregate purchase consideration of RMB535, 942,738. These companies indirectly own residential buildings and ancillary commercial facilities of approximately 459,000 square metres in Beijing, PRC (January 2012)

  • Investment in Surface Mount Technology:

    Advised Redbud (Oversea) Holding Limited, being an affiliate of the Institute of Tsinghua University, Hebei, as Singapore counsel in its HK$30 million investment in Surface Mount Technology (Holdings) Limited, which is listed on the Main Board of the Singapore Exchange. The investment is conditional upon implementation of a debt and equity restructuring as well as independent shareholders' approval of the Company being obtained for a whitewash resolution in relation to the issuance of new shares to Redbud (October 2011)

  • Acquisition of Beijing Business Park by Trustee of Ascendas REIT:

    Advised HSBC Institutional Trust Services (Singapore) Limited, as trustee of Ascendas Real Estate Investment Trust (listed on the Singapore Exchange), in its S$41.79 million acquisition of shares in Ascendas ZPark (Singapore) Pte Ltd, which owns indirectly Ascendas Z-Link, a business park, located in Haidian District in Beijing, PRC (October 2011)

  • Acquisition of Swiss Metals and Resources Trading Company by CWT:

    Advised CWT Limited (listed on the Singapore Exchange) as Singapore counsel in its US$94.0 million acquisition of MRI Trading AG, based in Switzerland with international offices worldwide and which engages in marketing copper, zinc, and lead non-ferrous concentrates and metals, as well as gold, molybdenum concentrates, and cobalt concentrates/metals to smelting and processing customers globally, and also facilitates logistics and provides operations support services (June 2011)

  • Disposal of Jinshan Chemical Warehouse by CWT:                                                

    Advised CWT Limited (listed on the Singapore Exchange) in its RMB71 million disposal of interest in a special purpose subsidiary to Cache Logistics Trust (also listed on the Singapore Exchange). The subsidiary indirectly holds the property known as Jinshan Chemical Warehouse located within the Shanghai Chemical Industry Park in Caojing Town, Jinshan District, Shanghai, PRC, and the disposal is subject to a leaseback of the property by CWT (June 2011)

  • Disposal of Wuhan People's Parade by The Ascott Holdings Limited:

    Advised The Ascott Holdings Limited in its S$69.8 million disposal of interest in Somerset (Wuhan) Investments Pte Ltd to CapitaRetail China Trust (listed on the Singapore Exchange). The target company indirectly holds the property known as Wuhan People's Parade (also known as New Minzhong Leyuan Mall) located in Jianghan District, Wuhan, Hubei Province, PRC (May 2011)

  • Investment in Qinghai Salt Mining and Distribution Company:

    Advised Zhong Jun Resources (S) Pte Ltd in its S$17.1 million acquisition of a wholly-owned BVI subsidiary of FirstLink Investments Corporation Limited (listed on the Singapore Exchange), which owned a substantial 27.82% stake in Qinghai Province Salt Industry Limited, which in turn is engaged in salt mining and distribution in the PRC (April 2011)

  • Disposal of Interest in Airport City Development Co., Ltd.:

    Advised Prosper Line Investments Limited and Great Ocean Overseas Holdings Limited as vendors in the RMB2.483 billion disposal of their approximately 53% effective interest in Airport City Development Co., Ltd. (which is engaged in the development and operation of airport logistic facilities and provision of cargo logistic services, and is the sole developer of Beijing Capital International Airports airside cargo handling and bonded logistics area) to Global Logistic Properties Limited (listed on the Singapore Exchange) (January 2011)

  • Investment in Raffles City Changning:

    Advised an established institutional investor and a pension fund in acquiring an aggregate 55% interest in an offshore special purpose vehicle involved in developing CapitaLand Limited's second Raffles City integrated development in Shanghai for approximately S$571.85 million (December 2010)

  • Investment in A-Bio Pharma Pte Ltd by Luye Pharma Group:

    Advised A-Bio Pharma in its issue of S$12.5 million Series B Preferred Shares to Luye Pharma Group (listed on the Singapore Exchange) and Biomedical Sciences Investment Fund Pte Ltd (August 2010)

  • Investment in China Animal Healthcare by Blackstone Group:

    Advised China Animal Healthcare Ltd. (listed on the Singapore Exchange) in its issue of US$40 million convertible bonds and S$7 million placement shares to Blackstone (July 2010)

  • Dual Listing:

    (i) Advised China Animal Healthcare Ltd (listed on the Singapore Exchange) in its dual listing by way of introduction on the Main Board of the Stock Exchange of Hong Kong Limited (December 2010)
    (ii) Advising China Gaoxian Fibre Fabric Holdings Ltd. (listed on the Singapore Exchange) in its proposed dual listing by way of depository receipts on the KOSPI Market of the Korea Exchange

  • Acquisition of Drilling Rigs Shipyard by Yangzijiang Shipbuilding:

    Advised Yangzijiang Shipbuilding (Holdings) Ltd. (listed on the Singapore Exchange) in its US$155 million offer for PPL Holdings Pte Ltd from Baker Technology Limited (also listed on the Singapore Exchange). PPL Holdings in turn holds a 15% stake in PPL Shipyard Pte Ltd, which is engaged in the business of design and construction of offshore drilling rigs from shallow water to deep water (April 2010)

  • Acquisition of Chengdu Serviced Apartments Property by Ascott Serviced Residence (China) Fund:

    Advised Ascott Serviced Residence (China) Fund in its RMB367 million acquisition of a Chengdu serviced apartment real property from Shui On China Central Properties Limited, which is a wholly-owned subsidiary of Shui On Construction and Materials Limited (listed on the Hong Kong Exchange (February 2010)

  • Acquisition of Beijing Animal Vaccine Company by China Animal Healthcare:

    Advised China Animal Healthcare Ltd. (listed on the Singapore Exchange) in its RMB210 million acquisition of Beijing Jianxiang Hemu Biological Technology Limited, which is engaged in the manufacture of a vaccine to Porcine Reproductive and Respiratory Syndrome (otherwise known as pig's blue ear disease) (February 2010)

  • Share Placements:

    (i) Advised Yangzijiang Shipbuilding (Holdings) Ltd. (listed on the Singapore Exchange) in its S$77.655 million placement of shares to a Middle East investor (April 2010)
    (ii) Advised CWT Limited (listed on the Singapore Exchange) in its S$12.6 million placement of shares to EDB Investments Pte Ltd (February 2010)
    (iii) Advised China Animal Healthcare Ltd. (listed on the Singapore Exchange) in its S$13.5 million placement exercise in May 2009 and S$24.5 million second placement exercise (September 2009)
    (iv) Advised placement agent, DBS Bank Ltd, in the placement of S$110 million shares in Epure International Ltd (listed on the Singapore Exchange) (July 2007)

  • Debt Restructuring and Settlement of Asia Water Technology:

    Advising institutional investors on the debt restructuring and settlement arising from the breach and non -payment of US$29.5 million bonds owing by Asia Water Technology Ltd. (listed on the Singapore Exchange) (December 2009)

  • IPOs:

    (i) Advised Sateri Holdings Limited as Singapore counsel in its listing on the Main Board of The Stock Exchange of Hong Kong Limited which raised HK$3.64 billion (December 2010)
    (ii) Advised China Gaoxian Fibre Fabric Holdings Ltd. in its Main Board listing on the Singapore Exchange in September 2009 which raised S$116.5 million (September 2009)

  • Rights Issue of GMG Global:

    Advised DBS Bank (acting as issue manager and underwriter) and Sinochem International (Overseas) Pte. Ltd. (being the majority shareholder and sub-underwriter) in the S$100 million fully-underwritten renounceable rights issue of GMG Global Ltd (listed on the Singapore Exchange) (July 2009)

  • Acquisition of Inner Mongolian Biological Animal Drugs Company by China Animal Healthcare:

    Advised China Animal Healthcare Ltd. (listed on the Singapore Exchange) in its RMB288 million acquisition of a controlling stake in Inner Mongolia Biwei Antai Biological Technology Co., Ltd., which is engaged in the manufacture of biological animal drugs, and more particularly, vaccines for animal hand-foot-and-mouth disease (December 2008)

  • Delisting and Privatisation of Midsouth Holdings:

    Advised Zhong Nan Holdings Limited in its S$65.8 million exit offer for the shares of Midsouth Holdings Ltd (listed on the Singapore Exchange) in connection with its delisting and privatisation (September 2008)

  • Partial Offer for GMG Global:

    Advised Sinochem International (Overseas) Pte. Ltd. in its 51% partial offer for GMG Global Ltd (listed on the Singapore Exchange) for S$268 million (August 2008)

  • Disposal of Controlling Stake in Richland Group:

    Advised the 70% controlling shareholders of Richland Group Limited (now known as Ramba Energy Limited, and listed on the Singapore Exchange) on the disposal of their controlling stake to Indonesian parties for S$30 million (May 2008)

  • Reverse Takeover of Colorland Animation:

    Advised Colorland Animation Ltd. (now known as China Animal Healthcare Ltd., and listed on the Singapore Exchange) in its S$175 million reverse takeover by PRC purchasers engaged in the production and sale of animal drugs (November 2007)

  • Acquisition of Chengdu Retail Mall by Starhill Global REIT:

    Advised Macquarie MEAG Prime Real Estate Investment Trust (now known as Starhill Global Real Estate Investment Trust, and listed on the Singapore Exchange) in its RMB350 million acquisition of a retail mall in Chengdu (August 2007)

  • Financial Assistance:

    Advised Habib Corporation Berhad (listed on the Bursa Malaysia) in its financial assistance whitewash procedure in relation to a US$170 million facility (September 2006)

  • Canal Construction Project in Zhejiang:

    Advised Isyoda Corporation Berhad (listed on Bursa Malaysia) in its RMB386 million joint venture to construct, operate, manage and maintain a 25 year, 25 km waterway canal in Zhejiang Province, PRC (August 2006)

  • Equity Restructuring of China Aviation Oil:

    Advised China Aviation Oil (Singapore) Corporation Ltd (listed on the Singapore Exchange) in its US$130 million equity restructuring exercise, to rehabilitate itself as a going concern, after incurring debilitating derivatives losses of approximately US$500 million (February 2006)

  • Acquisition of Marine Logistics Assets of Chuan Hup:

    Advised Habib Corporation Berhad (listed on Bursa Malaysia) in its S$570 million acquisition of marine logistics assets from Chuan Hup Holdings Limited (September 2005)

  • Disposal of Desalination Plant of Hyflux:

    Advised Hyflux Ltd. (listed on the Singapore Exchange) in the S$30 million disposal of its 50% interest in Singspring, the special purpose vehicle which owns Singapore's first sea desalination plant (worth approximately S$200 million), to Temasek (May 2005)

  • Acquisition of Petroleum Retail Network of BP Singapore:

    Advised Singapore Petroleum Company Limited in its US$70 million acquisition of BP Singapore Pte. Limited's retail network business (including its 29 retail service stations) and liquefied petroleum gas business (September 2004)

  • Capital Reduction:

    Advised Aztech Group Ltd (which is listed on the Main Board of the Singapore Exchange) (February 2015), Commerzbank (South-East Asia) Ltd (July 2003), Alpine Electronics Pte Ltd (May 2002), NSTB Holdings Pte Ltd (January 2002), Cap Gemini Ernst & Young Singapore Pte Ltd (December 2001), Standard Foods Singapore Pte Ltd (April 2001) and SKF Manufacturing Singapore (Pte.) Ltd. (May 2000) in their capital reduction

  • Business Transfers:

    Advised 3M, Fujitsu, World Fuel Services, Pacific Richfield in the business transfer of their Singapore subsidiaries as part of a global restructuring

  • Amalgamations:

    Advised Singapore Oxygen Air Liquide Private Limited in the amalgamation of Singapore Oxygen Air Liquide Private Limited and Singapore Carbon Dioxide Company Private Limited (2016), ECOM Agroindustrial in the amalgamation of ECOM Agroindustrial Asia Pte. Ltd. and Armajaro Singapore Pte. Ltd. (2014) and ACI Worldwide Corp. in the amalgamation of ACI Worldwide (Asia) Pte. Ltd. and S1 Corporation (S) Pte Ltd (2013) 

Memberships / Directorships
  • Member, The Law Society of Singapore
  • Member, The Singapore Academy of Law