Co-founder of Malaysia’s D&P sets up startup-focused firm
David Lim, a co-founder of Malaysian boutique firm D&P Law Group, has left to set up new legal practice catering to small and medium-sized enterprises (SMEs) and startups in the country.
Dentons Link Legal, Dentons US, Crawford Bayley guide $358mln SpiceJet QIP
Dentons Link Legal acted for troubled and cash-strapped Indian airline SpiceJet on its $358 million financial infusion through a qualified institutional placement of equity shares. Crawford Bayley & Co and Dentons U.S. acted as domestic and international counsel respectively to the book-running lead managers, DAM Capital Advisors and JM Financial.
UK firm DACB launches HK office amidst foreign firm retreat
London-headquartered insurance-focused law firm DAC Beachcroft has expanded its presence in Asia with a new office in Hong Kong, which will operate in association with newly founded local firm CK Lee & Co.
ALB Asia M&A Rankings 2024
Asia’s markets, like the rest of the world, have seen a steep decline in dealmaking in the first half of the year. But macroeconomic trends, increase in asset quality and lucrative exit opportunities promise a better future for the region’s traditional and emerging markets.
ENERGY: Renewable Roadblocks
In recent years, the combination of trade conflicts, the pandemic, and regional tensions have resulted in increased volatility for businesses in the energy, transportation, and commodities sectors. In Southeast Asia, where the transition to green energy is one of the primary focuses for governments, lawyers examine critical areas susceptible to disputes and identify best practices to avoid them.
ALB Conversations: Elizabeth Kong, 3M
Elizabeth Kong, Asia general counsel for three of 3M's largest business verticals, talks about how her days are as unpredictable as Forrest Gump's box of chocolates, why thinking like a business leader who "happens to have a solid grounding in law" is crucial, and what makes 3M a place where you might hit a 40-year veteran if you throw a stone.
MIDDLE EAST: Eastern Promise
China's economic ties with the Middle East have been rapidly expanding, with bilateral trade reaching approximately $500 billion in both 2022 and 2023.
Kim & Chang advises EQT on $738 mln South Korean waste treatment deal
Kim & Chang, South Korea’s largest firm, has advised Swedish investment firm EQT to acquire KJ Environment and affiliated companies from Seoul-based investment firm Genesis Private Equity to establish a waste treatment platform in South Korea.
CAM, Tatva Legal Hyderabad guide $1.2 bln Ambuja Cement acquisition
Cyril Amarchand Mangaldas has advised Gautam Adani’s Ambuja Cement on its acquisition of Penna Cement Industries from its promoter group for 104 billion rupees ($1.24 billion). Penna and its promoters were advised by Tatva Legal, Hyderabad on the deal.
WongP acts on $1.6 bln divestment of ThaiBev property assets
Singapore Big Four law firm WongPartnership has advised Thai Beverage, Southeast Asia's biggest brewer, on the divestment of its real estate assets in a share swap with other companies held by its owner Charoen Sirivadhanabhakdi.