Jurisdiction – India
Firm Deal Value Client Lawyer(s) involved AZB & Partners HT Global IT Solutions Holdings’ proposed acquisition of Hexaware Technologies’ 125 million equity shares Rs. 26.33 to 27.45 billion ($402 to 420 million) Promoters: 1.Elder Venture LLP 2.Elder Infosystems Pvt Ltd GA Global Investments Ltd Abhijit Joshi, Essaji Vahanvati (Partners) Adarsh Varghese, Pallavi Satpute (Associates) AZB & Partners International Finance Corp’s acquisition of 4.1 percent stake in Fortis Healthcare Rs. 1.86 billion ($27 million) International Finance Corp Gautam Saha (Partner) Amrita Patnaik (Associate) AZB & Partners MacRitchie Investments’ proposed sale of 3.62 percent of Bharti Telecom’s share capital to Singtel International Investments Rs. 18.6 billion ($302 million) MacRitchie Investments Pte Ltd Essaji Vahanvati (Partner) AZB & Partners My Home Industries’ acquisition of Sree Jayajothi Cements’ entire equity share capital Rs. 14 billion ($235 million) My Home Industries Ltd Alka Nalavadi (Partner) Qais Jamal (Associate) AZB & Partners Trent’s acquisition of 24.95 percent of Landmark’s share capital from TVS Shriram Growth Fund I Rs. 840 million ($15.2 million) Trent Ltd Kalpana Merchant, Nandish Vyas (Partners) Khaitan & Co OpenText Corp’s acquisition of Cordys Software India $33 million Open Text Corp Rabindra Jhunjhunwala (Partner) Khaitan & Co Recruit Holdings’ acquisition of 100 percent stake in NuGrid Consulting Undisclosed Recruit Holdings Co Ltd Zakir Merchant (Partner) Niren Patel (Associate partner) Khaitan & Co SKB Roop Commercial’s sale of Bajaj Corp’ roughly 9.75 percent of paid up equity share capital $53.7 million SKB Roop Commercial LLP Nikhilesh Panchal (Partner) Sudhir Bassi (Executive director) Norton Rose Fulbright OpenText Corp’s acquisition of Cordys Software India $33 million Open Text Corp Saskia Blokland (Partner)
Jurisdiction – Malaysia
Firm Deal Value Client Lawyer(s) involved Azmi & Associates Pelaburan Hartanah Bhd’s acquisition of Menara SapuraKencana Petroleum RM258 million ($77.7 million) Pelaburan Hartanah Bhd Zuhaidi Mohd Shahari (Partner) Azmi & Associates Zecon Medicare’s concession agreement with Government of Malaysia for a Children’s Specialist Hospital RM606 million ($182.6 million) Zecon Medicare Sdn Bhd Rosinah Mohd Salleh (Partner) Sharizan Sarif (Senior associate)
Jurisdiction – Thailand
Firm Deal Value Client Lawyer(s) involved Clifford Chance Syndicated loan agreement for Bangchak Petroleum Public Company $200 million Mizuho Bank Ltd V. Joseph Tisuthiwongse, Keerati Kanjanawenich, Paul Landless (Counsel) Tanai Porasupattana, Tatiana Perrier (Senior associates)
Jurisdiction – Singapore
Firm Deal Value Client Lawyer(s) involved Allen & Gledhill Divestment of the Big Orange Self Storage business by Big Orange Self Storage Singapore Pte Ltd Undisclosed Big Orange Self Storage Singapore Pte Ltd Lyn Wee, Tan Boon Wah, Michelle Fum (Partners) Allen & Gledhill Invista Real Estate International Holdings’ sale of its entire issued share capital of BSG Holdings to Storhub Singapore Investment S$90 million ($70.4 million) Invista Real Estate International Holdings Ltd Allen & Gledhill Parkway Holdings’ disposal of its entire shareholding in Gleneagles CRC to EPS Corp S$10.074 million (~$7.8 million) Mitsui & Co Ltd Allen & Gledhill Perennial China Retail Trust’s issue of 5.25 percent fixed rate notes due 2016 S$50 million ($39 million) Perennial China Retail Trust Management Pte Ltd Long Pee Hua (Partner) Kenneth Tan (Associate) Allen & Gledhill Oiltanking’s sale of 45 percent shares in Helios Terminal Corp’s capital to Macquarie Capital Undisclosed Oiltanking GmbH Oh Hsiu-Hau, Fock Kah Yan (Partners) Allen & Gledhill Real estate acquisition of Mandarin Orchard Singapore and Mandarin Gallery S$1.71 billion ($1,337 million) Overseas Union Enterprise Ltd Ho Kin San, Jerry Koh, Chua Bor Jern (Partners) Allen & Gledhill Real estate acquisition of Paragon and The Clementi Mall S$3.07 billion (~$2,400 million) 1.SPH REIT’s manager 2.Singapore Press Holdings Margaret Soh, Tan Boon Wah, Jerry Koh, Chua Bor Jern (Partners) Allen & Gledhill Swiber Capital’s issue of 6.50 percent trust certificates due 2018 S$150 million ($117.3 million) 1.BIBD 2.DBS Bank 3.Maybank KE Jeanne Ong, Eugene Ooi, Yeo Wico (Partners) Drew & Napier Northstar Group’s acquisition of Hersing Corp's real estate agency business Confidential Hersing Corporation Pte Ltd Sin Boon Ann (Dty Managing Director) Mark See (Associate Director) Inventus Law Garena Interactive Holding’s Series A preference shares investment in Redmart S$1 million ($780) Redmart Pte Ltd Anil Advani (Partner) Jones Day Equity International Management’s investment in a Singapore-based real estate PE management company $50 million Equity International Management LLC Dennis Barsky, Matt Skinner (Partners) Sean Murphy, Kevin Khan, Nikhil Gore, Martin King, John Rainbird (Associates) Norton Rose Fulbright (Asia) Swiber Capital’s issue of 6.50 percent trust certificates due 2018 S$150 million ($117.3 million) The Bank of New York Mellon Ferzana Haq, Alistair Dunstan (Of Counsel) O’Melveny & Myers KV Asia Capital’s establishment of its first fund, KV Asia Capital Fund I Undisclosed KV Asia Capital Dean Collins, Larry Sussman (Partners) Lynn Chan, Anita Choi (Counsel) Qingjian Wang (Associate) Rodyk & Davidson Garena Interactive Holding’s Series A preference shares investment in Redmart S$1 million ($780) Redmart Pte Ltd Sunil Rai (Partner) WongPartnership Establishment of Boustead Singapore 's multicurrency debt issuance programme S$500 million ($391 million) Boustead Singapore Ltd Hui Choon Yuen, Goh Gin Nee (Partners) WongPartnership Garena Interactive Holding’s Series A preference shares investment in Redmart S$1 million ($780) Garena Interactive Holding Ltd Owyong Eu Gene (Partner) WongPartnership Joint venture between Changi Airport Group and CMA Singapore Investment (6) for the mixed-used complex at Changi Airport N/A Changi Airport Group (Singapore) Pte Ltd Low Kah Keong, Mark Choy, Teo Hsiao-Huey, Dorothy Marie Ng, Tan Teck Howe, Christopher Chuah, Lesley Tan (Partners) WongPartnership Northstar Group’s acquisition of Hersing Corp's real estate agency business Confidential Northstar Group Andrew Ang, Milton Toon, Christy Lim (Partners) WongPartnership Parkway Holdings’ disposal of its entire shareholding in Gleneagles CRC to EPS Corp S$10.074 million (~$7.8 million) Parkway Holdings Ltd Mark Choy (Partner) WongPartnership Perennial China Retail Trust’s issue of 5.25 percent fixed rate notes due 2016 S$50 million ($39.1 million) DBS Bank Ltd Hui Choon Yuen, Goh Gin Nee (Partner) WongPartnership Refinancing of Suntec REIT's existing indebtedness and general corporate funding S$500 million ($391 million) Lenders: 1. Australia and New Zealand Banking Group 2. Citibank N.A., SG branch 3. Commonwealth Bank of Australia, SG branch 4. DBS Bank 5. Standard Chartered Bank 6. United Overseas Bank Christy Lim (Partner) WongPartnership Shanghai BravoBio’s acquisition of the sublicense for the world’s first rotavirus vaccine for newborns from the International Medica Foundation N/A Shanghai BravoBio Co Ltd Joseph He, Miao Miao (Partner) WongPartnership Swiber Capital’s issue of 6.50 percent trust certificates due 2018 S$150 million ($117.3 million) Swiber Holdings Ltd Hui Choon Yuen, Goh Gin Nee (Partners) WongPartnership United Overseas Bank’s issue of 4.9 percent non-cumulative non-convertible perpetual capital securities $850 million The Bank of New York Mellon, SG branch Hui Choon Yuen, Trevor Chuan (Partners)
Where exact value is not known, ALB will use an approximate value based on available market data or coverage.
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