|Allens Arthur Robinson has advised global property group Goodman on its successful A$955 equity raising. This is the second major capital raising in the sector since GPT’s A$1.6 billion capital raising in October. Allens corporate partner Stuart McCulloch advised Goodman on the transaction.
Baker & McKenzie has advised Deutsche Investitions-und Entwicklungsgesellschaft mbH (DEG) and Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden NV (FMO) on the restructuring of their investments in and financing provided to Indorama Petrochem Ltd and on their further investments in Indorama Ventures Ltd. Bangkok corporate partners Andrew Matthews and John Cordova led the transaction, which involved the restructuring of the existing project financing which was subordinated to the senior facility.
Baker & McKenzie advised Shanghai Oriental Pearl Group Co in setting up a joint venture with Hong Kong Anschutz Entertainment Group China Ltd to operate the Shanghai World Expo Performing Arts Centre, an 18,000-seat arena which will hold most of the performances during the Shanghai World Expo 2010. The team was led by partner Danian Zhang.
Baker & McKenzie.Wong & Leow has advised YTL Corp on the largest Singapore REIT M&A deal to date. YTL Corp’s acquisitions include an approximately 26 percent stake in Macquarie Prime REIT and 50 percent of Prime REIT Management Holdings Pte Ltd from Macquarie for S$285 million (US$189 million), giving YTL Corp control of the REIT. The advisory team was led by Ai Ai Wong.
Gide Loyrette Nouel has advised China Equity Links regarding the completion of a US$31 million private equity placement transaction in ET Solar Group, a Nanjing-based integrated manufacturer of photovoltaic products. The Beijing-based team was led by partner Guillaume Rougier-Brierre.
Jones Day has advised ABN AMRO, Citi, Deutsche, Merrill Lynch and State Bank of India in a 50.48 billion Indian rupee (US$1.10 billion) rights offering of equity shares of Hindalco Industries Ltd. Equity Shares of Hindalco are listed on the Bombay Stock Exchange and the National Stock Exchange, while GDRs representing equity shares of Hindalco are listed on the Euro MTF Market of the Luxembourg Stock Exchange. David Neuville, partner in the Hong Kong office, led the transaction.
Kim & Chang partner Byung-Do Lee advised IBM Korea on its acquisition of 100 percent shares in and subsequent merger with Telelogic Korea as a part of the global integration of Telelogic Group by IBM Group.
Kim & Chang has advised MBK Partners and Hyundai Capital Services in its cash tender offer for 30.8 percent of the shares of HK Mutual Savings Bank for ₩7,500 per share through its wholly-owned subsidiary, Echelon Ltd. Private equity practice partner Jong-Koo Park advised on this transaction.
Kim & Chang has advised the seller and Choil Aluminum Co on the sale of shares to Furukawa Sky. Furukawa’s acquisition is part of a strategic alliance for co-marketing and development of aluminium products. Partner Myoung-Jae Chung led the transaction.
Kim & Chang represented SGS in connection with the acquisition of 100 percent of the outstanding shares of TESCO Co Ltd, a Korean testing service company. The transaction was led by partner Sung-Eyup Park.