Appleby has acted as Cayman counsel for Ausupreme International Holdings on its Hong Kong listing on September 12, 2016. Ausupreme is a Hong Kong-based retailer of health and personal care products. The majority of the proceeds from the offering will be used to further develop and strengthen its brand, explore business collaboration and expand its customer base, and diversify and expand its product portfolio. Hong Kong corporate partner Judy Lee led the transaction while Christine Koo & Ip was the Hong Kong adviser. Hastings & Co acted as Hong Kong counsel to the sponsors and underwriters. Appleby also acted as Cayman counsel for Shun Wo Group Holdings on its Hong Kong listing on September 28, 2016. Shun Wo is a contractor of foundation works in Hong Kong. The majority of the company’s proceeds will be used to enhance machinery and increase its overall efficiency technical capability in performing foundation work. Hong Kong corporate partner Judy Lee led the transaction while David Fong & Co advised on Hong Kong law. Loeb & Loeb was the Hong Kong counsel to the sponsors and underwriters. AZB & Partners is advising BSE on its proposed IPO. Its board has approved the draft red herring prospectus and the IPO papers are expected to be filed with markets regulator SEBI in the next few days. BSE has gained in-principle approval from SEBI earlier this year to list its shares. Partners Varoon Chandra and Lionel D’Almeida are leading the transaction. AZB & Partners has advised Sintex Industries on its issue of equity shares, which were allotted on September 26, 2016. Partners Varoon Chandra and Lionel D’Almeida...

AZB & Partners has advised WestBridge Crossover Fund on its acquisition, together with India Financial Inclusion Fund, of an over 10 percent minority share of Aptus Value Housing Finance India. Partner Srinath Dasari led the transaction, which was valued at approximately Rs2.7 billion (US$40.6m) and was completed on September 9, 2016. AZB & Partners is also advising Tata Power, its wholly-owned subsidiary Tata Power International, ICICI Bank and ICICI Venture, on Tata Power International’s acquisition of up to 26 percent share in Resurgent Power Ventures Singapore. Partners Sai Krishna Bharathan and Shameek Chaudhuri led the transaction, which is valued at approximately Rs55 billion (US$827m) and is yet to be completed. Clyde & Co has advised Aster DM Healthcare on its acquisition of a majority interest in Harley Street Medical Centre and certain affiliated companies in Abu Dhabi. Aster DM Healthcare, which started in 1987 in Dubai as a single medical centre, has now become a US$6 billion healthcare conglomerate with more than 300 facilities in the Middle East, India and Far East Asia. The Harley Street Medical Centre is a day care surgery in Abu Dhabi that offers the highest standards of medical care in urology, plastic surgery, gynaecology, gastroenterology, orthopaedics, paediatrics, internal medicine and general surgery. Dubai partner Barton Hoggard led the transaction. Conyers Dill & Pearman has provided Bermuda and BVI advice to RKI Overseas Finance 2016 (B) on its issue of US$500 million 4.7 percent senior notes due 2021. RKI Overseas Finance is the subsidiary of Hong Kong Main Board-listed Road King Infrastructure, a prominent property developer and a leading toll road investor and operator in...

Clifford Chance has advised DBS Bank, Citigroup Global Markets Singapore, Deutsche Bank, HSBC and Societe Generale as joint book-runners on DBS Group Holdings’ first US-denominated Basel III compliant Additional Tier 1 perpetual capital securities issuance. The offer was for US$750 million. Partners Matt Fairclough and Johannes Juette led the transaction. Clifford Chance is also advising the underwriters, including China International Capital Corporation, Morgan Stanley, Bank of America Merrill Lynch, Goldman Sachs and JP Morgan, as the joint sponsors on the US$8 billion listing in Hong Kong of Postal Savings Bank of China (PSBC). This is the largest share offering globally thus far for 2016. PSBC is a leading retail bank in China with the largest distribution network and largest customer base. Partners Tim Wang, Amy Lo and Fang Liu, supported by partner Jean Thio, are leading the transaction. Colin Ng & Partners has acted as lead counsel for the launch of Wavemaker Pacific 1 (WP1), a Singapore domiciled, Asia Pacific focused fund that seeks to realise long-term capital appreciation for its investors, primarily by making venture capital investments in the securities of private companies primarily engaged in high technology industries. Managed by Wavemaker Pacific Partners, WP1 is offered to high-net-worth individuals and corporations. Partners Bill Jamieson and Amit Ramkrishn Dhume led the transaction. ELP has advised Stellar Value Chain Solutions and Anshuman Singh on an agreement with an affiliate of Walburg Pincus to invest US$125 million in Stellar Value. Partners Sujjain Talwar, Darshan Upadhyay and Aakanksha Joshi led the transaction, which was completed on August 5, 2016. ELP has also advised Yes Bank on the provision of up to...

Allen & Gledhill has advised DBS Group Holdings on the issue of US$750 million 3.6 percent perpetual capital securities callable in 2021 under its US$30 billion global medium term note programme. Partner Glenn Foo led the transaction. Allen & Gledhill has also advised The Land Transport Authority of Singapore (LTA) on agreements with SBST Transit and SMRT Buses for 11 bus packages under the bus contracting model. Of the 11 packages, SBST will operate eight while SMRT will operate three. The estimated total contract fees are S$5.32 billion (US$3.9b) for SBST and S$1.87 billion (US$1.4b) for SMRT. Partners Kelvin Wong, Tham Kok Leong and Aloysius Ng led the transaction. AZB & Partners has advised FIH Mauritius Investments on its acquisition of approximately 51 percent of Privi Organics. Partners Ashwin Ramanathan and Bhavi Sanghvi led the transaction which was valued at approximately Rs3.7 billion (US$55.4m) and was completed on August 26, 2016. AZB & Partners is also advising International Finance Corporation on the grant an approximately Rs67 million (US$1m) convertible loan to Myanma Awba Group. Partners Gautam Saha and Amrita Patnaik are leading the transaction, which was signed on September 6, 2016 and is yet to be completed. Bird & Bird ATMD is acting as Singapore counsel to Anacle Systems on its proposed listing on the Growth Enterprise Market of the Hong Kong Stock Exchange (HKSE). The company provides enterprise application software and energy management system for commercial property and building owners to better manage their real estate assets and facilities and their energy consumption. Its investors include iGlobe Platinum Fund, OWW Investments III, Majuven Fund 1 and BAF Spectrum....

Allen & Gledhill advised Myanmar Citizens Bank on its listing on the Yangon Stock Exchange on August 26, 2016. The lender is one of the first three companies listed on the exchange and the first bank. Partners Minn Naing Oo and Leonard Ching led the transaction. Allen & Overy has advised the Ministry of Finance of the Republic of Poland on its issue of Rmb3 billion (US$449.3m) panda bonds, the first European sovereign to issue renminbi-denominated bonds in China’s domestic capital markets and Poland’s first renminbi-denominated issuance. The bonds were underwritten by Bank of China and HSBC Bank. Warsaw international capital markets partner Piotr Lesinski led the transaction. AZB & Partners is advising Sealink Capital Partners, through its investing entities, on its acquisition of a minority stake in Nephrocare Health Services. Partner Ashwin Ramanathan is leading the transaction, which was signed on August 29, 2016 and is yet to be completed. AZB & Partners has also advised Voonik Technologies on its acquisition of a part of the assets and employees of Dekkoh Innovation Technologies. Partner Chetan Nagendra led the transaction, which was completed on August 24, 2016. Bird & Bird is advising Shanghai-listed Beijing Xinwei Technology Group (Xinwei) on its acquisition of the full share capital of Space-Communication (Spacecom) for US$285 million. An Israeli global fixed satellites operator listed on the Tel Aviv Stock Exchange (TASE), Spacecom operates the Amos Satellites fleet, currently consisting of three satellites. Spacecom provides broadcasting and communications services through the marketing of space segments on its Satellite fleet. Xinwei, a Chinese conglomerate with global operations providing solutions to telecom providers, is active in the...