Mr Andrew Ang > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

Mr Andrew Ang

+65 6416 8007 andrew.ang@wongpartnership.com View profile

Work Department

Corporate Group; Mergers & Acquisitions Practice; Private Equity Practice.

Position

Co-Head – Mergers & Acquisitions Practice; Partner – Private Equity Practice.

Career

His main practice areas are local and cross-border mergers and acquisitions, corporate restructurings, joint ventures, privatisations as well as private equity investments.

Work Highlights 

Significant transactions that Andrew has been involved in include advising / acting for the following:

• The managers of Ascendas Hospitality Trust in the combination with Ascott Residence Trust by way of a trust scheme of arrangement to form the largest hospitality trust in the Asia-Pacific and the eighth biggest globally, with a total asset value of S$7.6 billion.
• Singapore billionaire Mr Peter Lim in his disposal of the entire issued and paid-up share capital of Sasteria Pte. Ltd. (“Target”) to Rowsley Ltd., for a total consideration of up to S$1.6 billion to be satisfied by the issuance of shares in Rowsley Ltd. The Target is the sole owner of the Thomson Medical group (one of Singapore’s leading providers of healthcare services for women and children), and also holds a majority shareholding stake in TMC Life Sciences Berhad (a multidisciplinary healthcare company that is listed on Bursa Malaysia).
• Nesta Investment Holdings Limited, which is controlled by a consortium comprising HOPU Logistics Investment Management Co., Ltd., Hillhouse Capital Logistics Management, Ltd., SMG Eastern Limited (an entity wholly owned by the CEO of Global Logistics Properties), Bank of China Group Investment Limited and Vanke Real Estate (Hong Kong) Company Limited, in the acquisition of Global Logistic Properties Limited for approximately S$16 billion by way of a scheme of arrangement. This deal was awarded “Deal of the Year” and “Best Leveraged Finance Deal” at the FinanceAsia Achievement Awards, 2017, “M&A Deal of the Year: South East Asia” at The Asian Lawyer’s Asia Legal Awards 2018, and M&A Deal of the Year (Premium) at the ALB SE Asia Law Awards, 2018.
• ESR Funds Management (S) Limited (the manager of ESR-REIT), in the merger with Viva Industrial Trust by way of a trust scheme of arrangement. The merger values Viva Industrial Trust at S$936.7 million and creates Singapore’s fourth largest industrial REIT with approximately S$3 billion in property assets. This deal won Best Singapore Deal at the FinanceAsia Awards 2018 and M&A Deal of the Year (Midsize) at the ALB SE Asia Law Awards, 2019.
• CMA CGM S.A. (“CMA”) in relation to the voluntary general offer by CMA for all the issued and paid up ordinary shares in the capital of Neptune Orient Lines Limited, for approximately S$3.4 billion. This deal was awarded “M&A Deal of the Year (Premium)” at the ALB SE Asia Law Awards, 2017.
• CB Medical Holdings Limited (“CBMHL”), an indirectly-owned subsidiary of Beijing CITIC Investment Centre (Limited Partnership), in the amalgamation between CBMHL and Biosensors International Group, Ltd. valued at S$1.1 billion, this being the first take private of a company listed on the Singapore Exchange Securities Trading Limited through an amalgamation.

Awards & Accolades 

Andrew is recognised as a leading Corporate/M&A lawyer in legal publications such as Chambers Global – The World’s Leading Lawyers for Business, Chambers Asia-Pacific – Asia-Pacific’s Leading Lawyers for Business, IFLR1000 – The Guide to the World’s Leading Financial Law Firms, The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession, Asialaw Profiles – The Guide to Asia-Pacific’s Leading Domestic Law Firms, Asialaw Leading Lawyers – The Guide to Asia-Pacific’s Leading Lawyers and Best Lawyers in Singapore in the area of Private Equity and M&A. Andrew was recognised as one of Asia’s Top 15 M&A Lawyers in Asian Legal Business 2022 list for the Top 15 M&A Lawyers in Asia. He was also recognised as ʺLawyer of the Yearʺ for Private Equity Law in the 2018 edition of Best Lawyers in Singapore.

Andrew has been lauded by The Legal 500 for his “knowledge of key stakeholder behaviour and precedents” and his ability to “offer solutions to myriad of options with listed companies.” Chambers Asia-Pacific has highlighted praise from clients that Andrew is “very innovative,” and always being “very calm and unfazed.” He has also been highlighted as being “commercial, very practical and quick to respond” and described as “the guru of the Singapore takeover code”.

Publications

• Casewatch – Singapore Court of Appeal Clarifies that Third-Party Offers for Shares Not Invariably Best Evidence of Fair Market Value
• The Private Equity Review (Investing) – Singapore chapter 2nd – 9th editions
• Getting the Deal Through – Private M&A, Singapore Chapter – 2019 – 2020 editions
• Global Legal Insights – Mergers & Acquisitions, 3rd Edition – Singapore Chapter

Languages

English, Mandarin.

Memberships

Member, Law Society of Singapore.

Education

Admitted, 1998, Singapore Bar; Gray’s Inn (Barrister-at-Law); University of Nottingham (LL.B., Hons.).