Tag: singapore
Written by Jad on 25 September 2019.
♦ Recent Deals ♦ Hong Kong, Singapore
Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Shanghai Henlius Biotech, Inc. (‘Henlius’) on the global offering and listing of its H shares on the Hong Kong Stock Exchange (‘HKSE’). The transaction involved a spin-off listing from both HKSE-listed Fosun International and A and H share listed Shanghai Fosun Pharmaceutical. Following the listing, Henlius will remain a subsidiary of both Fosun International and Shanghai Fosun Pharmaceutical. Trading in the Henlius H shares commenced today (25 September 2019) and total proceeds raised were HK$3.2bn (US$400m). Henlius is a leading biopharmaceutical company in China with the vision to offer high-quality, affordable and innovative drugs for patients worldwide. It is the first biopharmaceutical company to receive New Drug Application approval for a monoclonal antibody biosimilar in the PRC and the first company to commercially launch a monoclonal antibody biosimilar in the PRC. It intends to use the proceeds of the IPO to fund ongoing clinical trials, regulatory filing and registration of new drugs and therapies in its pipeline. The Freshfields team advising on the transaction was led by partners Grace Huang and Arun Balasubramanian.
Written by Jad on 10 January 2019.
♦ Breaking BigLaw News, Recent Deals ♦ Singapore
Global law firm Norton Rose Fulbright today announced the establishment of a Formal Law Alliance (FLA) with Singapore law practice Ascendant Legal LLC. The alliance, Norton Rose Fulbright Ascendant, has been created following approval from the Singapore Ministry of Law. The establishment of Norton Rose Fulbright Ascendant will enable the expansion of the current Singapore law practice, particularly in the areas of litigation and arbitration, financial restructuring and regulation and investigations. In addition, the Singapore practice will benefit from additional Singapore law expertise in the areas of fraud and asset tracing; criminal litigation and white-collar criminal defence; employment disputes; data protection, privacy and cybersecurity; intellectual property; shipping; real estate and antitrust and competition. Ascendant Legal was set up in 2016 and is led by Chew Kei-Jin, Managing Director, who has more than 20 years’ experience of handling complex, multi-jurisdictional disputes and restructuring matters across a wide range of business sectors, including banking, financial institutions, energy, commodities and telecommunications. Norton Rose Fulbright’s heritage in Singapore spans more than 35 years; the office opened in 1982, and with more than 60 lawyers, it is currently one of the largest international law firms in Singapore. Yu-En Ong, head of Norton Rose Fulbright’s Singapore office, commented: “Chew Kei-Jin and his team of lawyers are outstanding practitioners, and we are delighted to have built an alliance with Ascendant Legal. Norton Rose Fulbright has a longstanding history in Singapore and the FLA represents our commitment to continue investing in Singapore and South East Asia. Through Norton Rose Fulbright Ascendant, clients will have seamless access to the best combination of Singapore and international law advice to meet their increasingly complex and multi-jurisdictional legal needs.” Chew Kei-Jin, managing director, Ascendant Legal commented: “My team has known and worked with lawyers in Norton Rose Fulbright for a number of years, and have experienced strong business and cultural synergies with their teams. Our FLA means that we were well placed to benefit from Singapore’s position as a leading legal hub for international dispute resolution and restructuring in particular.” Martin Scott, Norton Rose Fulbright’s Managing Partner, Europe, Middle East and Asia, commented: “We share a similar cultural ethos with Ascendant Legal and we both have complementary practice expertise that will allow us to collaborate in growing our South East Asian practice. The business landscape in Singapore has changed significantly over recent years, and this FLA enables us to improve our services to clients who recognize Singapore as the business and legal hub for South East Asia.” Under Singapore’s Ministry of Law regulations, a Formal Law Alliance allows a Singapore law practice and a foreign law practice to collaborate while remaining freestanding practices.
Written by Jad on 10 January 2019.
♦ Recent Deals ♦ Singapore
Global law firm Norton Rose Fulbright today announced the establishment of a Formal Law Alliance (FLA) with Singapore law practice Ascendant Legal LLC. The alliance, Norton Rose Fulbright Ascendant, has been created following approval from the Singapore Ministry of Law. The establishment of Norton Rose Fulbright Ascendant will enable the expansion of the current Singapore law practice, particularly in the areas of litigation and arbitration, financial restructuring and regulation and investigations. In addition, the Singapore practice will benefit from additional Singapore law expertise in the areas of fraud and asset tracing; criminal litigation and white-collar criminal defence; employment disputes; data protection, privacy and cybersecurity; intellectual property; shipping; real estate and antitrust and competition. Ascendant Legal was set up in 2016 and is led by Chew Kei-Jin, Managing Director, who has more than 20 years’ experience of handling complex, multi-jurisdictional disputes and restructuring matters across a wide range of business sectors, including banking, financial institutions, energy, commodities and telecommunications. Norton Rose Fulbright’s heritage in Singapore spans more than 35 years; the office opened in 1982, and with more than 60 lawyers, it is currently one of the largest international law firms in Singapore. Yu-En Ong, head of Norton Rose Fulbright’s Singapore office, commented: “Chew Kei-Jin and his team of lawyers are outstanding practitioners, and we are delighted to have built an alliance with Ascendant Legal. Norton Rose Fulbright has a longstanding history in Singapore and the FLA represents our commitment to continue investing in Singapore and South East Asia. Through Norton Rose Fulbright Ascendant, clients will have seamless access to the best combination of Singapore and international law advice to meet their increasingly complex and multi-jurisdictional legal needs.” Chew Kei-Jin, managing director, Ascendant Legal commented: “My team has known and worked with lawyers in Norton Rose Fulbright for a number of years, and have experienced strong business and cultural synergies with their teams. Our FLA means that we were well placed to benefit from Singapore’s position as a leading legal hub for international dispute resolution and restructuring in particular.” Martin Scott, Norton Rose Fulbright’s Managing Partner, Europe, Middle East and Asia, commented: “We share a similar cultural ethos with Ascendant Legal and we both have complementary practice expertise that will allow us to collaborate in growing our South East Asian practice. The business landscape in Singapore has changed significantly over recent years, and this FLA enables us to improve our services to clients who recognize Singapore as the business and legal hub for South East Asia.” Under Singapore’s Ministry of Law regulations, a Formal Law Alliance allows a Singapore law practice and a foreign law practice to collaborate while remaining freestanding practices.
Written by Jad on 08 January 2019.
♦ Moves News ♦ Singapore
Amanda's hire is the latest investment in the firm's global asset finance offering following the hire of partners Rex Rosales and Jahnavi Ramachandran in London, and Siva Subramaniam and Samuel Kolehmainen in Singapore in August 2018. The lateral hires were part of the firm's strategic expansion plans and also complemented the existing global asset finance practice with their experience in the aviation finance sector. Prior to joining Herbert Smith Freehills, she worked in the asset finance team at Clifford Chance in Singapore, and trained at King & Wood Mallesons in Sydney. "Amanda's appointment demonstrates the firm's ongoing investment in its aviation practice and its commitment to this sector and region, and we are delighted to have her on board," said Siva. "Amanda is a very talented lawyer and she brings with her a wealth of knowledge of the Asian aviation sector that will complement our existing teams' expertise in the region," said Samuel.
Written by Jad on 29 October 2018.
♦ Recent Deals ♦ Singapore
Dentons advised Surbana Jurong, a Singaporean state owned enterprise and one of the largest Asia-based urban and infrastructure consulting firms, on its acquisition of B+H, a global, award-winning consulting and design solutions firm providing architecture, interior design, planning, landscape design, and strategic consulting services across ten studios in Toronto, Vancouver, Calgary, Seattle, Los Angeles, Dubai, Shanghai, Hong Kong, Singapore & Ho Chi Minh City. The cross border transaction was originated by Global Vice-Chair and ASEAN CEO Philip Jeyaretnam S.C. and involved our Toronto and Singapore offices working very closely together with Surbana Jurong’s executive and legal teams. The transaction, which had significant regulatory and local law implications, showcased Dentons’ ability to provide seamless service across our regions. Partner Mike Kaplan (Corporate) and Senior Associate Mat Goldstein (Corporate) of the Toronto office led the transaction and were assisted by Partner Sandy Walker (Investment Canada), Partner Matt Curtis (Employment) and Associate Matt Imrie (Corporate). The Toronto office also coordinated with the Atlanta office of Dentons US on the US due diligence and Partner Sandy McCandless of the San Francisco office on US employment matters. The Singapore office led the Singapore elements of the transaction and coordinated the due diligence and other portions of this transaction across the Middle East, China, India and South East Asia, with assistance from our offices in Hong Kong, Shanghai and Dubai. Senior Partner Josephine Koh (Corporate) led the Singapore team, and was assisted by Partner Nigel Chia (Corporate), and Senior Associate Zongxiao Mou (Corporate).