Jurisdiction – India

Firm

Deal

Value

Client

Lawyer(s) involved

Amarchand & Mangaldas & Suresh A. Shroff and Co

Avantha Holdings’ and its wholly owned subsidiarys’ corporate finance raising

Rs. 6.8 billion

($110 million)

Avantha Holdings Ltd

Kalpataru Tripathy (Partner)

 

Abhishek Guha (Principal associate)

 

Shruti Singh

(Senior associate designate)

 

Navin Kumar, Sugandha Kapur (Associates)

Amarchand & Mangaldas & Suresh A. Shroff and Co

Hitachi Systems’ acquisition of 76 percent stake in Micro Clinic India

Undisclosed

Micro Clinic India Pvt Ltd

Pooja Mahajan,

Ranjan Negi,

Dev Robinson

(Partners)

 

Amit Singhania (Principal associate)

 

Ishita Kapur

(Senior associate)

 

Surbhi Singhi

(Senior associate designate)

 

Geetha Hariharan,

Gouri Puri (Associates)

AZB & Partners

Avantha Holdings’ and its wholly owned subsidiarys’ corporate finance raising

Rs. 6.8 billion

($110 million)

Lenders and Debenture Holders:

1.KKR India Financial Services Pvt Ltd

2.KKR India Debt Fund I, of KKR India Debt Opportunities Fund III

3.KKR Capital Markets India Pvt Ltd

4.L&T India Finance Ltd

5.L&T Fincorp Ltd 6.Family Credit Ltd

 

AZB & Partners

BC Partners and affiliates’ acquisition of Mergermarket Group’s global entities from Pearson Plc and affiliates

Confidential

BC Partners

Darshika Kothari

(Partner)

 

Roxanne Anderson

(Associate)

AZB & Partners

International Finance Corp’s loan grant to eligible Indian SMEs, including women- owned SMEs

Rs. 9 billion

($150 million)

International Finance Corp

Gautam Saha

(Partner)

 

Dushyant Bagga

(Associate)

AZB & Partners

TAQA’s proposed purchase of two Indian hydroelectric power plants from the Jaypee Group

$1.6 billion

PSP (Public Sector Pension Investment Board, Canada)

Ashwin

Ramanathan (Partner)

 

Qais Jamal,

Rohit Sharma

(Associates)

AZB & Partners

Titan’s 49 percent joint venture with Montblanc International for single-brand retail in India

Confidential

Montblanc Services B.V.

Darshika Kothari

(Partner)

 

Divya Mundra,

Palaq Vora

(Associates)

Economic Laws Practice

Titan’s 49 percent joint venture with Montblanc International for single-brand retail in India

Confidential

Titan Company Ltd

Vinayak Burman

(Associate partner)

 

 Archana Khosla (Associate manager)

 

Trishna Sharma, Shubhra Sharma

(Associates)

Khaitan & Co

Hitachi Systems’ acquisition of 76 percent stake in Micro Clinic India

Undisclosed

Hitachi Systems Ltd

Rajat Mukherjee

(Partner)

Khaitan & Co

Kinetic Engineering’s exit from Mahindra Two Wheelers by sale of its entire 10.29 percent stake in it to Samena Capital

Undisclosed

1.Kinetic Engineering Ltd

2.Mahindra & Mahindra Ltd

Vaishali Sharma

(Partner)

Morrison & Foerster

(Japanese counsel)

Hitachi Systems’ acquisition of 76 percent stake in Micro Clinic India

Undisclosed

Hitachi Systems Ltd

 

Trilegal

TAQA’s proposed purchase of two Indian hydroelectric power plants from the Jaypee Group

$1.6 billion

Abu Dhabi National Energy Co (TAQA)

Yogesh Singh,

Saurabh Bhasin

(Partners)

 

Ravi Mahto,

Aniket Prasoon,

Dushyant Kumar

(Senior associates)

 

Amit Maheshwari, Gautam Chawla, Aayushi Sharma, Megha Kaladharan

(Associates)

Vaish Associates

TAQA’s proposed purchase of two Indian hydroelectric power plants from the Jaypee Group

$1.6 billion

Jaiprakash Power Ventures

Bomi Daruwala

(Partner)

Jurisdiction – Malaysia

Firm

Deal

Value

Client

Lawyer(s) involved

Adnan, Sundra & Low

Malaysia Building Society's renounceable rights issue on Bursa Malaysia Securities’ main market

MYR1.4 billion

($427.5 million)

Banks on Malaysian Building Society Bhd's rights issue

 

Clifford Chance

Malaysia Airport Holdings’ placement of about 124 million new shares

MYR980 million

($298 million)

Malaysia Airport Holdings Bhd

Raymond Tong

(Partner)

 

Paul Kuo

(Counsel)

 

Jeremy Ward

(Senior associate)

Clifford Chance

Malaysia Building Society's renounceable rights issue on Bursa Malaysia Securities’ main market

MYR1.4 billion

($427.5 million)

Joint global coordinator: Deutsche Bank

Raymond Tong

(Partner)

 

Paul Kuo

(Counsel)

 

Jeremy Ward

(Senior associate)

DLA Piper

Malaysia Airport Holdings’ placement of about 124 million new shares

MYR980 million

($298 million)

Joint bookrunners:

1.CIMB Group 2.Credit Suisse

3. JP Morgan

Stephen Peepels

(Partner)

 

Timothy Franklyn

(Senior associate)

Raslan Loong Advocates & Solicitors

Malaysia Airport Holdings’ placement of about 124 million new shares

MYR980 million

($298 million)

Malaysia Airport Holdings Bhd

 

Jurisdiction – Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Gledhill

 CapitaMall Trust’s issue of retail bonds due 2021

S$350 million

($276.4 million)

CapitaMall Trust Management Ltd

Margaret Chin,

Sunit Chhabra,

Jerry Koh,

Teh Hoe Yue 

(Partners)

Allen & Gledhill

Chemoil Energy’s

proposed voluntary

delisting from the

SGX and exit offer by

Singfuel Investment

$517.04

million

Singfuel Investment Pte Ltd

Andrew Lim Ming Hui,

Christopher Koh Theng Jer,

Michelle Fum Ruixia

(Partners)

 

Seow Tzi Yang,

Michelle Lim Qianli

(Associates)

Allen & Gledhill

Housing and Development Board’s issue of fixed-rate notes

S$600 million

($474 million)

Housing Development Board

Margaret Chin,

Sunit Chhabra

(Partners)

Allen and Gledhill

Insolvency of Alpine Bau GmbH for works in the Downtown

Line Stage 2 rail transit

system

S$65 million
($51.4 million)

 

Bank of America

Edward Tiong

(Partner)

Allen & Gledhill

Petra Foods’ multicurrency medium-term note programme

$500 million

1.DBS Bank Ltd

2.DBS Trustee Ltd

Margaret Chin,

Sunit Chhabra

(Partners)

Allen & Overy

Hiscox’s acquisition of the DirectAsia group through purchase of Direct Asia Insurance’s entire share capital from the Whittington Group

$55 million (Initial cash sum) plus Earn-out over four years

1.Hiscox Ltd

2.Hiscox plc

Chris Moore,

Richard Cranfield

(Partners)

 

James Mythen (Senior associate)

 

Michelle Ho

(Associate)

Clifford Chance

United Envirotech’s issue of 7.25 percent fixed-rate notes due 2016

S$35 million

($27.6 million)

Sole lead manager

 

Clyde & Co Clasis

Hiscox’s acquisition of the DirectAsia group through purchase of Direct Asia Insurance’s  entire share capital from the Whittington Group

$55 million (Initial cash sum) plus Earn-out over four years

Whittington Group Pte Ltd

Ian Stewart

(Partner)

 

Thomas Choo

(Senior associate)

 

Kendall Evans,

Jen Wei Qi

(Associates)

Davis Polk & Wardwell

Citigroup Global Markets Singapore’s investment in Global Logistic Properties

and Iowa China

Offshore Holdings

$2.5 billion

Citigroup Global

Markets Singapore

Pte Ltd

 

Morrison & Foerster

Global Logistic Properties’ acquisition of 34 assets in Brazil from BR Properties S.A.

$1.4 billion

Global Logistic Properties Ltd

Eric Piesner

(Partner)

Rodyk & Davidson

Insolvency of Alpine Bau GmbH for works in the Downtown

Line Stage 2 rail transit

system

S$65 million
($51.4 million)

 

Liquidators of Alpine:

Abuthahir Abdul Gafoor, Chuang Chee Yoh of Stone Forest

Corporate Advisory Pte Ltd

Paul Wong

(Partner)

Tan Kok Quan Partnership

Insolvency of Alpine Bau GmbH for works in the Downtown

Line Stage 2 rail transit

system

S$65 million
($51.4 million)

 

Bank of America

Kannan Ramesh

(Partner)

WongPartnership

Chemoil Energy’s

proposed voluntary

delisting from the

SGX and exit offer by

Singfuel Investment

$517.04

million

Chemoil Energy Ltd

Andrew Ang,

Dawn Law

(Partners)

WongPartnership

Citigroup Global Markets Singapore’s investment in Global Logistic Properties

and Iowa China

Offshore Holdings

$2.5 billion

Citigroup Global

Markets Singapore

Pte Ltd

Ng Wai King

(Joint

managing partner)

 

Dawn Law

(Partner)

WongPartnership

Insolvency of Alpine Bau GmbH for works in the Downtown

Line Stage 2 rail transit

system

S$65 million
($51.4 million)

 

Land Transport

Authority of

Singapore

Chan Hock Keng,

Lesley Tan

(Partners)

WongPartnership

Myanmar Golden Star Beverages’ joint venture with Lotte Chilsung Beverage Co

$81 million

Myanmar Golden

Star Beverages Co Ltd

Mark Choy,

Kenneth Leong

(Partners)

WongPartnership

Pan-United Corp subsidiary’s

acquisition of a 90 percent equity interest in Changshu

Changjiang International Port

RMB436.5

million

(~$71 million)

Pan-United Corp Ltd

Rachel Eng

(Joint

managing partner)

 

 Tan Sue-Lynn

(Partner)

WongPartnership

Singapore Power Group’s construction of a deep undersea transmission cable tunnel connecting Jurong Island to mainland

Singapore

Undisclosed

Singapore Power

Group

Tay Peng Cheng,

Joyce Ng

(Partners)

WongPartnership

United Envirotech’s issue of 7.25 percent fixed-rate notes due 2016

S$35 million

($27.6 million)

United Envirotech

Ltd

Hui Choon Yuen,

Goh Gin Nee,

Tan Kay Kheng,

Tan Shao Tong

(Partners)

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

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