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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