ALB brings to you a snapshot of the recent deals in the Southeast Asian market.

Jurisdiction - India

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Overy

Issuance of $500 million

4 percent Notes due 2017 under Export- Import Bank of India’s  MTN Programme

$500 million

Export- Import Bank of India

Walter Son (Partner)

Amit Singh (Counsel) Jaclyn Yeap (Associate)

Amarchand Mangaldas

Sale of 1.16 percent stake in Siemens Ltd through bulk deals in Bombay Stock Exchange

Rs. 263 crores ($43.39 million)

1. Siemens AG

2. Siemens Diagnostics Holding II B V

Akila Agrawal

Pooja Ramchandani

Mukul Sharma

AZB & Partners

Acquisition of 49 percent of Navyug by Mitsui and Sanyo

Rs. 2170 million 

($40 million)

1. Mitsui & Co Ltd

2. Sanyo Special SteelCo Ltd

Aditya Vikram Bhat

Nanditha Gopal

AZB & Partners

Amalgamation of JSW Ispat Steel Limited with JSW Steel Ltd

Not applicable

Citigroup Global Markets India Pvt Ltd

Abhijit Joshi

Nandish Vyas

Grata Law Firm

ONGC Videsh’s acquisition of 2.72 percent  and 2.36 percent interest respectively in Azerbaijan-located ACG oilfields and associated BTC pipeline

$1 billion

ONGC Videsh Ltd

 

Jones Day

South Indian Bank’s $80 million Qualified Institutional Placement of equity shares

$80 million

1. JM Financial Institutional Securities Pvt Ltd

2. J.P. Morgan India Pvt Ltd

3. SBI Capital Markets Ltd

4. Enam Securities Pvt Ltd

Manoj Bhargava

J. Sagar & Associates

Issuance of $500 million

4 percent Notes due 2017 under Export- Import Bank of India’s  MTN Programme

$500 million

Export- Import Bank of India

Dina Wadia (Partner)

Uttara Kolhatkar, Arka Mookerjee (Senior associates)

Luthra & Luthra

South Indian Bank’s $80 million Qualified Institutional Placement of equity shares

$80 million

1. JM Financial Institutional Securities Pvt Ltd

2. J.P. Morgan India Pvt Ltd

3. SBI Capital Markets Ltd

4. Enam Securities Pvt Ltd

Manan Lahoty

Simmons & Simmons

ONGC Videsh’s acquisition of 2.72 percent  and 2.36 percent interest respectively in Azerbaijan-located ACG oilfields and associated BTC pipeline

$1 billion

ONGC Videsh Ltd

Tom Deegan

Vivien Yang

Allen & Overy

ONGC Videsh’s acquisition of 2.72 percent  and 2.36 percent interest respectively in Azerbaijan-located ACG oilfields and associated BTC pipeline

$1 billion

ACG oilfields, BTC pipeline owner Hess Corporation

 

 

Jurisdiction – Philippines

Firm

Deal

Value

Client

Lawyer(s) involved

Hogan Lovells

Farmout of 75 percent working interest in Sulu Sea-located Service Contract No. 56 to Total E&P Philippines B.V.

Not applicable

Mitra Energy Ltd

Brad Roach

Simonette Santos

 

 

Jurisdiction - Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Gledhill

Alpha Investment Partners Ltd managed fund’s acquisition of 100 per cent of Botanic Investments Pte Ltd’s issued share capital

S$110 million

Alpha Investment Partners Ltd

Richard Young Eudora Tan

Lim Pek Bur

Allen & Gledhill

Issue of S$600 million 3.65 percent. Callable Subordinated Notes by NTUC Income Insurance Co-operative Ltd

S$600 million

NTUC Income

Margaret Chin

Glenn Foo

Allen & Gledhill

Issue of S$600 million 3.65 percent. Callable Subordinated Notes by NTUC Income Insurance Co-operative Ltd

S$600 million

1. DBS Bank Ltd

2. Citigroup Global Markets Singapore Pte Ltd

3. Standard Chartered Bank

Tan Tze Gay

Bernie Lee

Davis Polk

Shui On Development (Holding) Ltd’s Regulation S offering of its 9.75 percent high-yield notes due 2015

$400 million

1. Deutsche Bank AG (SG branch)

2. Standard

Chartered Bank

3. UBS AG (HK branch)

William F. Baron

Gerhard Radtke

Rodyk & Davidson LLP

Alpha Investment Partners Ltd managed fund’s acquisition of 100 per cent of Botanic Investments Pte Ltd’s issued share capital

S$110 million

Botanic Investments Pte Ltd

 

Where exact deal value is not known, ALB will use an approximate value based on available market data or coverage.

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