Singapore > Local firms > Corporate and M&A - Local firms
Corporate and M&A - Local firms
Clients consider the team at Allen & Gledhill LLP to be ‘invaluable in structuring and managing deal issues’. The firm acted for Temasek Holdings and Government of Singapore Investment, two of the world’s Super Seven sovereign wealth funds, on the landmark sale of three power generation companies in Singapore, and on an acquisition of property fund interests in Japan and China worth $1.3bn respectively. Clients praise Lee Kim Shin for his ‘commercially viable solutions’, while Tan Su May is highlighted for her ‘responsiveness and value-added advice’.
WongPartnership LLP’s M&A practice has been busy in the privatisation, REIT and cross-border acquisition arenas for a mixed client base of sovereign and private equity funds and corporations. It acted for Temasek Holdings on its disposal of a majority stake in Singapore Food Industries, and acted for Allco Financial Group in the sale of 17.7% of its REIT. ‘Competent, well-connected’ Dillan Pillay Sandrasegara and Ng Wai King are highly recommended.
Drew & Napier LLC significantly bolstered its M&A capability last year with the recruitment of Kenneth Chee from Allen & Gledhill LLP. Ralph Lim and Benedict Teo Lip Hua acted for a subsidiary of Temasek Holdings on the sale of its stake in Bank Indonesia International to Maybank, and the team is acting for PetroChina on its proposed acquisition of a stake in Singapore Petroleum. Managing partner Gary Pryke possesses ‘very strong corporate and capital markets expertise’.
‘Responsiveness, knowledge and commercial acumen’ are three major factors of Rajah & Tann LLP’s popularity among clients. The sizeable team acts across a diverse spectrum of sectors, with the power sector a particular focus area in 2008. The team acted for Lion Power Consortium on its S$4bn acquisition of Senoko Power from Temasek Holdings, as well as advising Gaz de France on the formation of a joint venture with PowerGas. Key partners include ‘creative and resourceful’ Goh Kian Wee, ‘thorough and commercial’ Sin Chei Liang and ‘resourceful’ Cynthia Goh.
‘Providing very good services at reasonable prices’, in 2008 Shook Lin & Bok LLP acted on a S$400m reverse takeover of SGX-listed Albedo, as well as acting for the offeror on a $310m mandatory tender offer for Straits Asia Resources. David Chong ‘goes to the nth level on deals’, while Michelle Phang has a ‘detailed and responsive’ manner.
Stamford Law Corporation has been advising Indonesian clients on mining-related acquisitions in the region, and hired Ashok Kumar, formerly at Allen & Gledhill LLP, to strengthen its corporate restructuring and insolvency practice. The ‘deeply knowledgeable’ team acted for Singapore Food Industries on its sale by parent company Temasek Holdings, as well as acting for Transcu on its reverse takeover of Eng Wah Organizations. Lee Suet Fern heads up the practice.
Alban Tay Mahtani & de Silva LLP’s global association with Bird & Bird LLP means ATMD Bird & Bird LLP has attracted new clients such as ESPN Star Sports and Genentech to an already enviable list that includes Pfizer. Clients consider Susan De Silva ‘ invaluable on employment and environmental law’, while Sandra Seah is ‘pleasant to work with and persistent’.
Arfat Selvam Alliance LLC’s transactional practice has been advising a number of SGX-listed companies and private equity funds on joint ventures, acquisitions and a growing number of restructurings. Arfat Selvam is the key contact, with clients highlighting the ‘detailed and creative’ approach of Krishna Ramachandra and Vignesh Napolean.
KhattarWong’s cross-border corporate practice focuses on privatisation and fund management work. Headed up by Tan Ching Huat, the team advised on SMRT’s acquisition of an equity stake in a Chinese company.
Lee & Lee’s corporate practice has been firmly focused on the domestic market, with a particular eye on the environmental sector. Adrian Chan advised L&M Group, which had been in judicial management since 2006, on a reverse takeover.
Rodyk & Davidson LLP acted for Ford on the sale of Jaguar and Land Rover to Tata Motors. Clients report high levels of satisfaction, praising Gerald Singham in particular for his ‘commercial perspective and extensive legal knowledge’.
TSMP Law Corporation has been heavily involved in the power sector, acting for the successful bidders on the PowerSeraya and Senoko Power acquisitions. Stephanie Yuen Thio is recommended.
Wong & Leow LLC’s client base encompasses multinationals such as Archer Daniels Midland as well as regional entities such as YTL Berhad. Headed up by Ai Ai Wong, the team advised Babcock & Brown on its investments into the Indian telecoms sector.
Wong Tan & Molly Lim LLC’s clients include Danone and Hitachi Leasing. Although stronger on corporate finance, the firm acted for a Norwegian company on the establishment of its Asia Pacific business operations. Sunny Wong is the key contact.
Elaine Beh and the corporate team at Colin Ng & Partners LLP were involved in the sale of a chain of restaurants as well as on the sale of a Japanese real estate joint venture structured through a Singapore trust. Clients rate Bill Jamieson.
Loo & Partners LLP has a particularly strong China and Taiwan corporate offering. Loo Choon Chiaw is ‘supported by a dedicated and experienced team’. The firm acted for a regional coal-mining group on a number of coal mine acquisitions in Inner Mongolia and Russia.
Arthur Loke & Sim LLP is a boutique firm with a strong China and India focus. The practice advised on an acquisition involving a Finnish ship engine company.
Donaldson & Burkinshaw has been refocusing its efforts on the IP sector, but continues to advise its international clientele on corporate and commercial work. Tan Bok Hoay is the primary contact.
Engelin Teh Practice LLC advises across a number of industries including telecoms and manufacturing with a particular focus on corporate restructuring. Angela Chen is the key contact.
Chin Hooi Yen at Gateway Law Corporation receives praise for ‘tempering her legal advice with commercial considerations’.
Harry Elias Partnership acted in the sale of Green Cross Pharma to Ascent Pharmahealth. Claudia Teo has a ‘flexible, walk-the-extra-mile approach’.
Kelvin Chia Partnership has a strong regulatory practice, and advises on transactional matters in Vietnam through its regional presence.
Legis Point LLC is a boutique outfit that has a strong corporate finance focus. The firm acts as Singapore counsel to a Swiss-based bank on its local documentation. Young Chee Foong heads up the practice.
Tan Kok Quan Partnership’s strengths are in real estate and IP, but it also has a solid corporate capacity.
Tan Peng Chin LLC’s client base ranges from multinationals to small and medium-sized local entities. C Chandrasegar is the primary contact.
Tan Rajah & Cheah is known for its work with new entrants to the tech industry.