Allen & Gledhill law firm news

The head of Davis Polk & Wardwell’s Beijing office will be stepping down from the helm of the US firm this year to launch his political career with Singapore’s largest opposition party – the Worker’s Party – in the upcoming general elections to be held on 7 May 2011.

Following an exhaustive research process involving a record number of submissions from law firms and in-house legal departments this year, ALB is proud to announce the finalists for the ALB SE Asia Law Awards 2011, the most important event on SE Asia's legal calendar.

The in-house head of legal compliance and enforcement of Malaysia’s Multimedia Super Corridor (MSC) has prodigally returned to Lee Hishammuddin Allen & Gledhill. Adlin Abdul Majid has re-joined the firm she left in 2002 to join the governmental agency responsible for developing the country's information and communications technology (ICT) industry.

Norton Rose, Minter Ellison and Allen & Gledhill have advised on the loan facilities granted to fund the acquisition of Australian sugar producer Sucrogen (formerly CSR's sugar and renewable energy business) by Wilmar International, one of the largest listed companies by market capitalisation on the Singapore Stock Exchange.

While talks are underway for the US$8.3bn ASX/SGX merger to see the combined entity become the world’s fifth-largest stock exchange, PRC capital markets lawyers remain confident of bourses in Greater China.

新加坡交易所和澳大利亚证券交易所近日已达成合并协议，新交所将通过现金加股票的形式收购澳交所，交易总值达约合83亿美元。如果交易获准，双方组建的新交易所将成为亚太地区第二大证券交易所

Midas, a leading manufacturer of aluminium alloy extrusion products, is the first Singapore-listed company to take advantage of an additional channel for capital-raising in Hong Kong. Earlier this year, changes to the HKSE listing rules saw a relaxation of criteria for companies to secondary list on the HKSE – in particular companies from the mining and petroleum sector – an option that few companies have exercised thus far.

The need to maintain confidentiality during the secret merger talks between the SGX and ASX prevented a tender process, resulting in firms being handpicked in accordance to their track record.

The board of directors of the Singapore Exchange has announced that SGX and ASX have entered into a landmark Merger Implementation Agreement (MIA) today to combine their listing, trading, clearing and settlement capabilities to create the second largest listing venue in the Asia-Pacific, with combined pro-forma market capitalisation of approximately US$12.3bn as of 22 October 2010.

Singapore firms Allen & Gledhill and Stamford Law and Australian firms Clayton Utz and Freehills are engaged in the US$8.2bn merger between SGX and ASX that will see the combined entity become the world’s fifth largest stock exchange.

新加坡交易所本周一宣布澳大利亚证交所同意其提出的82亿美元的收购要约。新加坡律师事务所Allen & Gledhill和Stamford Law 以及澳大利亚律师事务所Clayton Utz和Freehills参与了此项合并协议。

Clayton Utz and Freehills are acting on behalf of the Singapore Exchange (SGX) and Australian Securities Exchange (ASX) on the parties’ A$8.4bn merger implementation agreement.

Singapore firms Allen & Gledhill and Stamford Law will act as Singapore counsel to the Singapore Exchange (SGX) and the Australian Stock Exchange (ASX) in the US$8.2bn merger that will see the combined entity become the world’s fifth largest stock exchange.

Japanese firm Nagashima Ohno & Tsunematsu, international firm Davis Polk and the Tokyo office of Simpson Thacher & Bartlett have all landed mandates on the US$2bn Singapore offering of senior bonds by Japan's second largest bank, Sumitomo Mitsui Banking Corporation (SMBC).

After the recent lateral hires of Emmanuel Hadjidakis (from Allen & Overy, Singapore) and Mark Lim (from Albar & Partners to Baker's Malaysian member firm, Wong & Partners), Baker & McKenzie is seeking to strengthen its corporate practice with the hire of Lan Hing Liew.

Trail-blazing Temasek has hired Allen & Gledhill and Latham Watkins to act on a multi-jurisdiction a debt market deal worth US$1.1bn – in Temasek’s first foray into sterling-denominated securities.

Allen & Gledhill and Baker & Mckenzie have acted on the acquisition of Temasek's entire stake in Fraser and Neave – a leading food and beverage company in Singapore and Malaysia – by Kirin, worth US$987m. The acquisition marks Kirin's first major investment in Singapore.

Cambridge law firm Taylor Vinters has set its expansionary sights on Singapore and the greater Asian market, by forming an alliance with Singapore firm, Keystone Law Corporation.

India’s AZB & Partners, Singapore’s WongPartnership and Korea’s Kim & Chang have benefited from a resurgence in Asian (ex Japan and Australasia) M&A in the first half of this year by claiming the top three spots on legal advisory leader boards, according to data released by mergermarket.

Pinsent Masons and its Singapore ally MPillay have converted their successful three-year old association agreement into a formal practice which will target the local dispute resolution market