Marina Bay Sands – GC Powerlist
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Southeast Asia Teams 2018

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Marina Bay Sands

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Southeast Asia Teams 2018

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Marina Bay Sands

About

The spectacular Marina Bay Sands resort, one of the most recognisable landmarks in Singapore, retains a highly qualified in-house legal team headed by general counsel Faris Alsagoff. Amongst the 20-person legal function are vice president and deputy general counsel Penny Lo, executive director and associate general counsel Calvin Pereira, executive director and associate general counsel Justin Koh, and director of corporate affairs Helen Harjanto. All of these individuals are high-level operators who form the core of the team’s response to the challenges it faces. Alsagoff recalls the team’s extensive work upon the commencement of Marina Bay Sands operations in 2010. ‘The immediate challenge for the team’, says Alsagoff, ‘was to rapidly develop, from scratch, an in-house legal capability with the breadth and depth of expertise necessary to support such a mammoth operation. The casino industry in particular is among the most regulated of industries, and it was particularly challenging to develop in-house legal expertise in gaming and casino operations in what was then a nascent industry. Back in 2010, the industry was brand new to Singapore’. The team has continued this track record of success into more recent projects, of which Alsagoff mentions a few: ‘Recent examples of significant projects include syndicated loan and structured financing transactions, collaboration deals with some of the best known celebrity chefs in the world, entertainment deals for major shows (eg The Lion King musical) and concerts (eg the Rolling Stones), a potential land acquisition and development project, and a transaction which is shaping up to be one of the largest retail mall M&A deals in the region’. The secret behind the team’s success in these various objectives was outlined by Alsagoff, who believes it must at all times be ‘an effective partner to the businesses, while mutual trust and respect, continuous learning and personal development are key aspects of the Marina Bay Sands legal team culture and ethos’.

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