Skip to main content

Clifford Chance has advised real estate deveoper Eco World International (EWI) on its $580 million IPO and listing on the Main Market of Bursa Malaysia, the biggest IPO in the country so far this year. 

Paul Hastings is also involved in the deal, representing the IPO’s joint bookrunners, which include CIMB Investment Bank, Maybank Investment Bank, Hong Leong Investment Bank and UOB Kay Hian Securities.

EWI is looking to use proceeds from the IPO to finance projects in the UK and Australia. This listing is largest in Malaysia since independent power producer Malakoff Corp’s IPO in 2015. 

CC partners Raymond Tong and Johannes Juette oversaw the transaction for the firm, while the Paul Hastings team was led by partner Steven Winegar.

 

Related Articles

Deals

CAM, Trilegal, Khaitan, IndusLaw act on HUL’s $350 mln Minimalist deal

by Nimitt Dixit |

In the first big M&A deal in India this year, leading firm Cyril Amarchand Mangaldas has guided FMCG major Hindustan Unilever (HUL) on its acquisition of 90.5 percent stake in Jaipur-based skincare startup Minimalist for close to $350 million (29.5 billion rupees).

Deals

7 international, Indian firms act on Kedaara Capital’s $350 mln U.S. bet

by Nimitt Dixit |

Akin Gump Strauss Hauer & Feld, Quillon Partners, and Kelley Drye & Warren have advised Indian private equity firm Kedaara Capital on its maiden bet in the data analytics and AI solutions market, committing $350 million strategic investment to San Jose, California-based Impetus Technologies.

Deals

SAM, Latham guide Hexaware’s upcoming $1.2 bln India IPO

by Nimitt Dixit |

Indian law firm Shardul Amarchand Mangaldas & Co has been mandated to assist Hexaware Technologies, an AI-focused tech company backed by Carlyle Group, on its upcoming initial public offering (IPO) in India, which is expected to raise $1.2 billion.