Capital markets – debt and equity

  • ZIP Co Limited: Advised on its AUD 400m zero coupon senior convertible notes issue listed on the Singapore Stock Exchange (acted for the Issuer).
  • HCL Technologies Limited: Advised on its USD500m 1.375% senior bond issue in the Reg S and Rule 144A market listed on the SGX (acted for HCL as issuer). This transaction has the highest rated credit ever from India and received deal of year award from India Business Law Journal.
  • PT Sarana Multi Infrastruktur (Persero): Advised on the establishment of a USD2bn EMTN programme and a USD300m 2.05% per cent. Notes which were listed on the SGX (acted for DBS Bank, Mandiri Securities, Merril Lynch, MUFG Securities and SCB as joint lead arrangers and dealers). This deal achieved the lowest spread over the respective US Treasuries ever obtained by an Indonesian Financial Institution.
  • Asianet Satellite Communications Limited (a Kerala based internet services provider): Advised on its initial public offering on the NSE and BSE of India.

Mergers & Acquisition

  • Sino Ocean Capital: Advised the company through its investment vehicle, New Harvest Investments Limited, in its acquisition of a controlling stake in Dasin Retail Trust Management Pte Ltd, the trustee-manager of the Daisin Retail Trust.
  • Monument Mining: Advised on its sale of 100% interest in its Mengapur copper and iron project to Fortress Minerals Limited.
  • Wise Road Capital (global private equity firm): Advised on its acquisition of 100% stake in UTAC Holding, a Singapore headquartered semi-conductor company with product facilities in Singapore, Thailand, China, Indonesia and Malaysia.

Venture capital

  • Point72: Advised on its Series B investment in a global fintech company based in Singapore serving 11 countries and offices.
  • WeRide Inc: Advised the investor in respect of a series D financing for WeRide Inc., an AI company specalising in developing AI for autonomous driving valued at over USD4bn.
  • Verge Investors: Advised on a Series A investment in a technology company specializing in cable landing stations in Thailand and South East Asia.