Mr Sin Wei Ong > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

WongPartnership LLP
12 MARINA BOULEVARD, LEVEL 28
MARINA BAY FINANCIAL CENTRE TOWER 3
SINGAPORE 018982
Singapore
Sin Wei Ong photo

Work Department

FinTech; India; Mergers & Acquisitions; WPGrow: Start-Up / Venture Capital

Position

Ong Sin Wei is the Co-Head of the WPGrow: Start-Up / Venture Capital Practice and a Partner in the Mergers & Acquisitions, FinTech and India Practices.

Career

Sin Wei has extensive experience in corporate and corporate finance matters including cross-border mergers and acquisitions, joint ventures, corporate/investment funds restructuring and fund formation. In addition, he has particular experience in matters involving the venture capital/start-ups (including FinTech), asset management, investment funds and insurance sectors.

Sin Wei trained and qualified as an English solicitor in London with a leading UK international firm. Prior to joining WongPartnership, Sin Wei worked with this leading UK international firm for about a decade in London, Beijing and Singapore. He also worked in Washington DC and Hong Kong S.A.R. with a leading US international firm and a Magic Circle law firm.

Work Highlights 

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

    • Red Date Technology, in the establishment of the BSN Foundation in Singapore which is the platform for the international expansion of the blockchain infrastructure of China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology in China (including for China’s digital yuan).
    • Coinhako, Singapore’s largest provider of digital wallet solutions for holding cryptocurrencies and digital tokens, on its corporate restructuring and fundraising.
    • Centrality, the blockchain-based marketplace platform, in its token generation event which raised US$100 million in CENNZ tokens in 6 minutes.
    • Pacific International Lines, PSA International, YCH Holdings and Kerry Logistics in the formation of a Singapore consortium vehicle Connectivity Solutions Pte Ltd, for the purpose of a joint project between Singapore and China known as “Sino-Singapore Chongqing Connectivity Solutions”.
    • Teleperformance as Singapore counsel in the acquisition of Intelenet Global Services, from Blackstone for US$1 billion.
    • Expedia Inc. in its US$350 million minority investment in Traveloka Holding Limited, a leading South East Asian online travel company.

Publications 

  • WLG Venture Capital Guide – Singapore Chapter
  • Getting The Deal Through – Private M&A, Singapore Chapter – 2019 – 2021 editions
  • Singapore Institute of Directors – The Directors’ Bulletin – Overview of Legal Considerations When Investing In Emerging Markets
  • Singapore Institute of Directors – The Directors’ Bulletin – Understanding Initial Coin Offerings

Publications & Legal Updates

Languages

English

Education

Admitted, Singapore Bar; Roll of Solicitors of England & Wales; University of Birmingham (LL.B., Hons.); University of Pennsylvania School of Law (LL.M., Distinction for thesis)

Lawyer Rankings

Singapore > Start-up and venture capital – Local firms

(Leading partners)

Sin Wei Ong – WongPartnership LLP

WongPartnership LLP brings its background in representing private equity funds and other financial investors to the start-up and venture capital field. It also provides its large full-service approach to the sector with multiple departments contributing to the success of the practice. The team covers the full lifecycle of start-ups and growth companies from early-stage and seed funding to growth stage financings, pre-IPO fundings and trade sales. Despite the challenging climate, it has remained active in early-stage investments, bridging loans and private credit-type financings, along with the restructuring of investments and governance issues. The department remains primarily focused on investors, including private equity funds that have moved into the venture and growth stage investment spaces. The highly-rated Kyle Lee and Sin Wei Ong lead the team and remain noted for their experience in fintech. Jolynn Lim is another key contact.

Singapore > Fintech and financial services regulatory: local firms

Highlighted as ‘efficient and very knowledgeable’, the team at WongPartnership LLP is noted for its work on cutting-edge projects like blockchain-based stablecoins, digital banking platforms, and telemedicine. The practice is also highly regarded for its expertise in navigating payment services license applications for digital asset service providers. Elaine Chan and Joy Tan jointly lead the FSR practice at the firm, and are noted for their extensive regulatory experience advising a broad spectrum of financial institutions on a host of matters. Rosabel Ng is noted for her specific focus on the regulation of derivatives and structured products, as well as regulatory compliance and advisory matters relating to primary financial market infrastructure providers, while Lam Chung Nian earns praise for his ‘very practical and sound advice to clients with a sensible analysis of the legal framework’. Other notable individuals include: Sin Wei Ong, who stands out for his corporate finance expertise; Kyle Lee, who specialises in venture capital and start-up matters; Tian Sion Yoong lauded for his ‘best in class working knowledge with leading global financial institutions’; Kylie Peh, noted for her work on both contentious and non-contentious matters; and Chan Jia Hui.