Rajah & Tann has advised Indonesian protein-food producer Japfa on its $159 million listing on the Singapore stock exchange on Aug. 15, while Clifford Chance acted for joint global coordinators Credit Suisse (Singapore), DBS and Rabobank International.

The offering saw 248 million Japfa shares priced at $0.64 each. The company said it plans to use the funds for investment into China and other emerging markets.

Rajah & Tann Singapore was led by capital markets partner Evelyn Wee, and M&A partner Teo Yi Jing. Rajah & Tann NK Legal Myanmar, and Rajah & Tann's associated firm in Indonesia, Assegah Hamzah & Partners, acted as Myanmar and Indonesia counsel respectively.

The team from Clifford Chance that advised the banks on U.S. and Singapore law was led by Singapore-based capital markets partners Johannes Juette and Raymond Tong.

Japfa is Indonesia’s second-largest agricultural company and also operates in China, Vietnam, India, and Myanmar. It is involved in the production of milk, poultry, beef, pork, and seafood.

Related Articles

Deals

A&O Shearman, CC, AZP, AHP guide Indonesia’s $2.35 bln global sukuk issue

by Nimitt Dixit |

Global law firms Clifford Chance and A&O Shearman and local law firms AZP Legal Consultants and Assegaf Hamzah & Partners (AHP) have advised on the issuance of Indonesia’s landmark $2.35 billion global sukuk.

Deals

CC acts on $870 mln HK telecom infra deal

by Hu Yangxiaoxiao 胡阳潇潇 |

Magic Circle law firm Clifford Chance has advised China Merchants Capital (CMC) on its $870 million investment for a 40 percent stake in the fibre assets of HKT Trust & HK, a subsidiary of Hong Kong telecom group PCCW.

Deals

CC, Paul Hastings lead on CR Beverages’ HK IPO

by Charlie Wu 吴卓言 |

Clifford Chance and Jingtian & Gongcheng are advising China Resources Beverages, the beverage division of the state-owned China Resources Enterprise, on its upcoming Hong Kong IPO, which is expected to raise up to $1 billion. Paul Hastings and Zhong Lun Law Firm are acting for the joint sponsors.