Chandler Mori Hamada has acted as co-lead counsel to international and domestic lenders on the US$880 million green loan financing of the 100 MW BKK Campus data centre in Chonburi, developed by a joint venture between Digital Edge and B.Grimm Power. The mandated lead arrangers comprised Bangkok Bank, Bank of Ayudhya, HSBC, Kasikornbank, Mizuho, Natixis CIB, Siam Commercial Bank, SMBC and Standard Chartered. Bank of Ayudhya, Mizuho and Standard Chartered acted as green facility coordinators. The financing will support the development and construction of the approximately 100 MW BKK Campus data centre, located within Thailand’s Eastern Economic Corridor. Designed to support AI and data-intensive workloads, the project is reported to be the largest data centre project financing completed in Thailand to date. Co-managing partner Joseph Tisuthiwongse, supported by partner Tip-apa Limvichai, led the firm’s banking and real estate teams in the transaction.
DLA Piper has advised Starlink AI Acquisition, a Cayman Islands-incorporated special purpose acquisition company, on its US$100 million IPO. The IPO comprised 10 million units priced at US$10.00 per unit, with each unit consisting of one ordinary share and one right to receive one-quarter of one ordinary share upon the completion of an initial business combination. The units began trading in New York on May 8, 2026, and the IPO closed on May 11, 2026. AGP/Alliance Global Partners acted as sole book-running manager for the IPO. Starlink AI Acquisition is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability. It is formed for effecting a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more businesses or entities. The company intends to conduct a search for target businesses without being limited to a particular industry. Beijing US securities partner Yang Ge led the firm’s team in the transaction.
Herbert Smith Freehills Kramer has acted as international counsel to Japan’s Kobe Bussan and Gourmet Kineya on the creation of a joint venture, Meal Hub, and acquisition of a leading Asia-Pacific airline catering business. The investment combines Kobe Bussan’s food production and supply chain expertise with Gourmet Kineya’s catering industry experience. The joint venture will acquire LSG Asia-Pacific from private equity investor Aurelius Group, adding airline catering businesses in Hong Kong, New Zealand, South Korea, Thailand and Canada. Tokyo partner Joseph Fisher, supported by Hong Kong partner Jason Sung, led the firm’s team in the transaction. Oh-Ebashi LPC & Partners acted as lead counsel and Japanese law counsel.
JSA Advocates & Solicitors has advised Hakuto, a Tokyo-listed electronics trader and chemical manufacturer, on the India leg of its acquisition of the semiconductor and electronic components distribution business of Rabyte. As part of the transaction, Hakuto acquired a 76 percent stake in Rabyte Edge. Partner Trisheet Chatterjee, supported by partners Sarvesh Kumar Saluja, Bharat Bhushan Sharma, Mohit Aggarwal and Manish Mishra (indirect tax head), led the firm’s team in the transaction.
JSA Advocates & Solicitors has also advised India-listed Unimech Aerospace and Manufacturing and its wholly-owned subsidiary Innomech Aerospace Toolings on Unimech’s US$47.06 million acquisition of Hobel Bellows and indirect acquisition of partnership firm Hobel Bellows Company. Hobel Bellows is a specialised manufacturer of metallic bellows, expansion joints, flexible tubing components, sheet metal fabrications and precision-engineered assemblies. Its products serve a range of industries, including automotive, locomotive, power transmission, water & gas, and other engineering applications. Hobel Bellows has built a strong export-oriented OEM business with long-standing customer relationships across global markets. Partner Archana Tewary led the firm’s team in the transaction.
Moreover, JSA Advocates & Solicitors has advised JM Financial, HSBC Securities and Capital Markets (India), Nuvama Wealth Management, SBI Capital Markets and Centrum Broking on the IPO of OnEMI Technology Solutions equity shares, comprising of fresh issue and offer for sale by investor selling shareholders aggregating to approximately Rs9.26b (US$97m). A technology-enabled lender in India, OnEMI Technology (Kissht) primarily offers digital loans through its mobile application for various consumption and business needs. Partner Arka Mookerjee, supported by partner Siddhartha Desai, led the firm’s team in the transaction.
Latham & Watkins has advised FH Capital, a leading private equity firm focused on clean‑energy investments, on its acquisition of a 75.1 percent majority stake in JinkoSolar’s US subsidiary, Jinko Solar (US) Industries. A global leader in clean energy technology, JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base. The transaction represents the transition to new controlling ownership of a state‑of‑the‑art two gigawatts solar module manufacturing facility and a growing battery energy storage systems business. Partners Sidharth Bhasin (Singapore-corporate) and David Zaheer (Los Angeles), supported by partners Tim Fenn (Houston-tax), Larry Seymour (Los Angeles-employee compensation and benefits), Nineveh Alkhas (Chicago-labor and employment), Adam Greenfield (Washington DC- intellectual property), Patrick English (Washington DC- antitrust), Erin Brown Jones (Washington DC- compliance) and Aron Potash (Los Angeles-environmental matters), led the firm’s team in the transaction.
Rajah & Tann Singapore has represented Kin Global, Singapore’s largest sports events management company, on its IPO and listing in Singapore. Capital markets partners Tan Mui Hui and Jasselyn Seet the led firm’s team in the transaction.
Rajah & Tann Singapore and Rajah & Tann LCT Lawyers have represented leading global independent music publisher Primary Wave IP Investment Management on its strategic investment in POPS Music, one of Southeast Asia’s most prominent digital entertainment and music companies. Rajah & Tann Singapore partners Terence Quek (M&A), Benjamin Cheong (TMT), Glen Chiang (TMT), Desmond Wee (corporate commercial) and Jonathan Cham (corporate commercial), and Rajah & Tann LCT Lawyers deputy managing partner Logan Leung (TMT) led the firms’ team in the transaction.
Shardul Amarchand Mangaldas & Co has advised Crystal Crop Protection on its acquisition of 100 percent shareholding of FMC India from FMC and its group entities. The transaction also involves the acquisition of FMC India’s commercial operations in the crop protection business in India, including a license to FMC’s brands sold in India. As part of the transaction, Crystal will also receive preferred supply arrangements for certain FMC active ingredients and formulated products, along with preferred access to FMC’s pipeline of active ingredients in India for the crop protection field. The deal value is approximately Rs22.7 billion (US$237m), subject to customary adjustments for cash, debt and working capital. Partners Puja Sondhi and Aayush Kapoor, supported by partners Gouri Puri, Rahul Yadav, Rajat Bose, Apoorva Murali and Rohan Arora, led the firm’s team in the transaction.
Trilegal has successfully represented the distribution licensees, namely North Bihar Power Distribution (NBPD) and South Bihar Power Distribution (SBPD), before the Supreme Court on a significant matter pertaining to deemed distribution licensee status of Indian Railways under the Electricity Act 2003. The Supreme Court held that the activities of Indian Railways under the Railways Act 1989 do not amount to distribution under the Electricity Act 2003. Consequently, Indian Railways has been held liable to pay Cross Subsidy Surcharge and Additional Surcharge to all distribution licensees in the country. The dues alone of outstanding surcharges towards NBPD and SBPD stand at approximately Rs16 billion (US$167m), excluding interest. Partners Shankh Sengupta and Abhishek Kumar led the firm’s team in the transaction.
