The UAE will now have an extra half day of rest in addition to Saturday and Sunday
On January 1st, 2022, with the aim of improving work-life balance and increasing the country’s economic competitiveness performance, an amendment to the Labor Law of the United Arab Emirates came into force to grant one more afternoon off, Friday afternoon, the day of the weekly great prayer in Muslim countries.
LEGAL UPDATES
PORTUGAL – THE RIGHT TO SUFFRAGE VS THE RIGHT TO HEALTH PROTECTION In the context of the pandemic of the disease COVID-19, determines the Resolution of the Council of Ministers No. 5-A/2022, that measures are changed for those who are subject to compulsory confinement on the 30th of January 2022. Exceptionally and exclusively for the …
Kudun and Partners represents STARK Corporation on the issuance of derivatives in the form of warrants.
Kudun and Partners represented STARK Corporation Public Company Limited on the issuance of derivatives in the form of warrants to purchase ordinary shares of Stark Corporation Public Company Limited Series 1 (STARK-W1) for THB 20 billion (USD 664.4 million) with a term of 4 years from the issuance date of the STARK-W1 Warrants.
Kudun and Partners represents high-net-worth buyers on the 69.18% share acquisition including preparing tender offer for all shares of One to One Contacts Public Company Limited (“OTO”)
Kudun and Partners represented a group of high-net-worth buyers on the 69.18% share acquisition transaction including preparing Tender Offer for all shares of One to One Contacts Public Company Limited (“OTO”) from Samart Engineering Company Limited and Samart Corporation Public Company Limited in the total amount of THB 464,880,000 (USD 15.5 million). Part of the transaction include our …
Kudun and Partners represents CNNC Joint Venture in a successful bid for the construction work of Laem Chabang Port Development Project Phase 3 (Part 1) Off-Shore Construction.
Kudun and Partners represented CNNC Joint Venture — consisting of three entities, NTL Marine, a subsidiary of Prima Marine PCL., Nathalin and Zhonggang Construction Group from China — in connection with setting up the joint venture company and the submission of bidding proposal to the Port Authority of Thailand for the construction work of Laem Chabang …
Kudun and Partners represents B.Grimm Power Public Company Limited on its cross-border acquisition of the first ground-mounted solar farm project in Cambodia.
Kudun and Partners represented B.Grimm Power Public Company Limited on a cross-border investment transaction on acquiring 100% shares in a project company that has obtained the right to develop the first-ever ground-mounted solar photovoltaics (PV) project in Cambodia with the power purchase agreement for 30 Megawatts with Electricite Du Cambodge (EDC) for a period of 20 years. B.Grimm …
Kudun and Partners represents Prima Marine PCL. on the acquisition of Thaioil Marine Co., Ltd. including its subsidiaries from Thai Oil PCL. with a total value of approximately THB 1.6 billion.
Kudun and Partners represented Prima Marine PCL (SET: PRM) — a full-service provider in the marine transport industry and one of the largest fully integrated business operator in oil tanker and oil and petroleum storages in Thailand — on the acquisition from Thai Oil PCL (SET: TOP) — a subsidiary of PTT Group and the largest oil refinery …
SyCipLaw is Recognized as a Top Tier Firm by The Legal 500 Asia-Pacific 2022
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) is the Philippine law firm that received the most number of “Tier 1” rankings for 2022 in The Legal 500 Asia-Pacific.
EPAM Successfully Represents a Coalition of Russian Web-Companies Avito, Drom, CIAN, 2Gis, IVI, Zoon, Profi and Tutu against Yandex – Russia’s Largest Search Engine, Reaching a Settlement in Court
A landmark case in the digital segment in Russia was resolved on 19th January 2022, with the Moscow Arbitration Court approving the settlement agreement between Yandex, the Federal Antimonopoly Service of Russia (FAS) and the claimants in a dispute over unequal conditions promoting Yandex’s own search results, rather than searches provided by third-party services . …
The new banking rule on internal governance
Through a circular issued on the 7 January 2022, the Malta Financial Services Authority (MFSA) advised that Banking Rules BR/01, BR/12, BR/14[1], BR/15 and BR/21 had been revised primarily to transpose Directive (EU) 2019/878 of the European Parliament and of the Council of 20 May 2019 amending Directive 2013/36/EU (“CRD V”). Additionally, for the first …
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