Mei Chel Tan

Singapore boutique law firm Covenant Chambers LLC has hired Pei Tong Ng as its head of M&A and capital markets from Big Four law firm Drew & Napier, where he served as a director in the corporate finance practice. With more than a decade of experience, Ng has developed expertise in corporate finance and commercial transactions across Singapore and the region. His specialties include listings, equity and debt issues, reverse takeovers, mergers and acquisitions, joint ventures, and private equity and venture capital investments. Ng has been involved in several high-profile transactions throughout his career, including acting as lead counsel to China Mining International Limited in a S$900 million ($664 million) proposed reverse takeover by a Chinese state-owned mining entity. He also represented OUE Limited in the S$908 million disposal of OUE Downtown's office components to OUE Commercial REIT and advised Temasek Holdings on its IT and cloud joint venture with Infosys Limited. This appointment continues Covenant's recent expansion, following the additions of disputes lawyers Khelvin Xu from Rajah & Tann in March last year and Edwin Sim from Lexton Law Corporation in October. Full story here https://lnkd.in/gpuPQUKE

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Partner Linh Nguyen and Senior Associate Loi Pham delves into the complexities surrounding the transfer of sub-leased land parcels with annual payments within industrial zones. The article provides a comprehensive overview of the legal framework, key considerations, and practical steps for businesses looking to navigate these transactions effectively. Whether you're a seasoned investor or new to the industrial real estate market, this guide offers valuable information to help you make informed decisions and ensure compliance with Vietnamese regulations. Read the full article here: https://lnkd.in/g9CSw8Wf

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Our Partner and Head of Corporate Finance Practice Group Ronny Chow recently shared his insights in China Business Law Journal’s article “Market revival?”, discussing Hong Kong’s resurgent IPO market and the evolving fundraising landscape for mainland companies. Ronny highlights a notable increase in the proportion of first-time IPO applications (versus refiling after the initial listing application has lapsed) in the first few months this year, as compared to the same period last year. He also notes that the vetting process has generally accelerated following the implementation of the enhanced timeframe for new listing applications. He points out that the new filing regime introduced by the China Securities Regulatory Commission’s (CSRC) in March 2023 has made H-share structures prevail over red-chip structures, while the latter are mostly confined to companies with pre-existing offshore ownership arrangements. In terms of sector distribution, Ronny observes that the market focus includes AI, IT solutions, semiconductors, electric vehicles, smart charging, biotech, healthcare and consumer markets adopting “omnichannel+” models. Read the article here: https://lnkd.in/gsajnZeV #Deacons #DeaconsCorporateFinance #DeaconsCapitalMarkets #DeaconsECM #HongKongIPO #HongKongListing #ChinaBusinessLawJournal #CBLJ

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What happens when the Head of the Human Capital Department, the very person who handles the appointment and manages the emplacement of employees on fixed-term contracts (FTC), argues that his own contract was not genuine?   In this alert, Partner Amardeep Singh Toor and Associate Wong Lien Taa discuss a recent Industrial Court decision that reaffirmed the validity of the very individual’s genuine FTC, particularly in the context of Government-Linked Companies and senior management appointments. The Industrial Court found that his seniority and responsibility over human capital matters, including the administration of FTCs for others, rendered his claim of being a permanent employee untenable.   Read here: https://lnkd.in/gKRanVGh   If you have any queries, please contact Partner Amardeep Singh Toor ([email protected]) or Associate Wong Lien Taa ([email protected]).   #lhagmy #lhaginsights #Employment #IndustrialRelations

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Milbank recently hosted an Indonesian Restructuring Case Studies webinar, presented by the Indonesia and Singapore networks of the International Women's Insolvency & Restructuring Confederation (IWIRC Indonesia and IWIRC Singapore). Milbank partner Jacqueline Chan served as a panelist focusing on the international cross-border aspects of restructuring companies in Indonesia. The speakers included Jacqueline; Tracy Tania, partner at Assegaf Hamzah & Partners; Charles Evans, senior director at Alvarez & Marsal; and moderator and financial journalist Eveline Danubrata. The panelists focused on key takeaways from notable Indonesian restructurings, addressed regulatory reform and due diligence, and offered insights for future distressed scenarios for potential investors, lenders and borrowers. Learn more: https://lnkd.in/g-Wns2FV

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