Akin Gump is advising Duff & Phelps Securities LLC, as financial advisor to the special committee of the board of directors of Ku6 Media Ltd, in respect of the Chinese gaming company’s definitive merger agreement with Shanda Investment Holdings Ltd and Ku6 Acquisition Company Ltd, a wholly-owned subsidiary of Shanda Investment Holdings, to take the company private. Shanda Investment Holdings will acquire Ku6 Media for a cash consideration equal to US$0.0108 per ordinary share or US$1.08 per American depositary share, giving a total valuation of US$52.4 million. Ku6 Media, a leading internet video company in China focused on user-generated-content, will continue as a surviving company and become a wholly-owned unit of Shanda Investment Holdings. The going-private transaction is expected to close in the second half of 2016, subject to customary closing conditions. Hong Kong corporate partner Gregory Puff is leading the transaction. Allen & Gledhill has advised DBS Bank Ltd, as sole lead manager and book-runner, paying agent and registrar, and Perpetual (Asia) Ltd, as trustee of the holders of the notes, in respect of the S$200 million (US$148.6m) bonds to the public in Singapore and institutional and other investors by Aspial Treasury Pte Ltd. The bonds are unconditionally and irrevocably guaranteed by Aspial Corp Ltd. Partners Margaret Chin and Daselin Ang led the transaction. Allen & Gledhill has also advised Gold Ridge Pte Ltd, owner of the retail development known as “Nex” located at 23 Serangoon Central Singapore, in respect of the secured financing facilities of up to S$1 billion (US$743m) and the establishment of a secured multicurrency medium term note programme of up to S$400 million (US$297m)....

Allen & Gledhill has advised Viva Industrial Trust Management Pte Ltd, as manager of Viva Industrial Real Estate Investment Trust (VI-REIT), and Perpetual (Asia) Ltd (formerly known as The Trust Company (Asia) Ltd), as trustee of VI-REIT, the borrower, in respect of the up to S$330 million (US$243.8m) senior secured transferable loan facilities. The proceeds will be used by VI-REIT to refinance its existing borrowings and finance general corporate funding purposes, capital expenditure, investments and acquisitions. Partners Margaret Chin, Ong Kangxin and Serena Choo led the transaction. Allen & Gledhill has also advised DataCentre One Pte Ltd in respect of the development, design, construction and fitting out (and related matters) of a five-storey “built-to-suit” data centre. The data centre will be the first data centre focused on providing solutions for the media industry and will serve companies and enterprises that require stable, secure infrastructure and high power digitised content. Partners Tan Wee Meng and Sathiaseelan Jagateesan led the transaction. Allen & Overy has acted for the Advisory Services unit of the International Finance Corp (IFC Advisory) in respect of the Ministry of Electric Power and the state-owned Myanmar Electric Power Enterprise signing of a power purchase agreement (PPA) with Sembcorp Myingyan Power Company Ltd, a subsidiary of Sembcorp Industries, in relation to the Myingyan independent power project (IPP). The 225 MW combined cycle gas-fired project is the first competitively awarded IPP to be developed in Myanmar. It will also be the first power project in Myanmar to benefit from multi-sourced project financing from development institutions (including the International Finance Corp and the Asian Development Bank) and international commercial lenders...

Allen & Gledhill has advised Oversea-Chinese Banking Corp Ltd (OCBC) in respect of the issue of A$300 million (US$227m) floating rate notes due 2020 under its US$10 billion global medium term note programme. The notes will be issued by OCBC through its Sydney Branch. Partners Glenn Foo and Sunit Chhabra led the transaction. Appleby has acted as Cayman counsel to K H Group Holdings Ltd in respect of its listing on the Main Board of the HKSE on 18 March 2016, with gross proceeds of approximately HK$95 million (US$12.2m). K H Group has provided foundation services in Hong Kong for over 30 years. The foundation works undertaken by the group mainly include ELS (excavation and lateral support) works, pile cap construction, socketed H-piling, driven H-piling, large diameter bored piling and mini piling. Majority of the proceeds will be used to operate prospective foundation projects, to hire additional staff and to purchase machinery and equipment. Hong Kong corporate partner Judy Lee led the transaction whilst Stephenson Harwood acted as Hong Kong counsel. Francis Chan & Co, in association with Addleshaw Goddard, acted as Hong Kong counsel to the sponsors and underwriters. AZB & Partners has advised Bharti Airtel Ltd in respect of a definitive agreement, thru its subsidiary Airtel Tanzania Ltd, for the sale of approximately 1,350 of its communications towers in Tanzania to American Tower Corp (ATC). Under the agreement, ATC may acquire up to approximately 100 additional sites currently in development for an additional consideration. Airtel will be the anchor tenant on the portfolio under a lease with a 10-year initial term. Partners Gautam Saha and Amrita Patnaik...

Allen & Gledhill has advised Singtel Group Treasury Pte Ltd (Singtel Group Treasury), as issuer, and Singapore Telecommunications Ltd (Singtel), as guarantor, in respect of the issue of S$250 million (US$183.6m) fixed rate notes due 2023 by Singtel Group Treasury under its S$10 billion (US$7.3b) guaranteed euro medium term note programme. Partners Yeo Wico, Bernie Lee and Sunit Chhabra led the transaction. AZB & Partners has advised Voonik Technologies (P) Ltd in respect of its acquisition of Cloudset Technologies Pvt Ltd and Zohraa Lifestyles Pvt Ltd. Partners Chetan Nagendra and Ravi Prakash led the transaction which was completed on 14 March 2016. Baker & McKenzie, through its Bangkok office and Singapore member firm Baker & McKenzie.Wong & Leow, has advised Siam City Cement Public Company Ltd (SCCC) in respect of its acquisition of the entire issued share capital of Cemex (Thailand) Co Ltd and Cemex Cement (Bangladesh) Ltd, companies engaged in the cement business in Thailand and Bangladesh, respectively. Listed on the Stock Exchange of Thailand, SCCC produces and distributes a wide range of cement and downstream products, along with support services. The Bangladesh and Thailand target companies operate certain cement producing assets and also supply cement and clinker in the region. Principal Lean Min-tze and partner Wittaya Luengsukcharoen led the transaction. Bird & Bird ATMD is acting for SGX-ST Mainboard-listed Lantrovision (S) Ltd in respect of its approximately US$127 million privatisation by way of a scheme of arrangement, pursuant to a cash offer by MIRAIT Singapore Pte Ltd, a direct wholly-owned subsidiary of Tokyo-listed MIRAIT Holdings. Lantrovision supplies, designs, installs and provides consultancy services on network integration and...

Allen & Gledhill has advised Temasek Financial (I) Ltd as issuer and Temasek Holdings (Private) Ltd as guarantor in respect of the issue by Temasek Financial of €500 million (US$555.3m) 0.5 percent guaranteed notes due 2022 and €600 million (US$666.3m) 1.5 percent guaranteed notes due 2028 under the US$15 billion guaranteed global medium term note program established by Temasek Financial. The notes are unconditionally and irrevocably guaranteed by Temasek Holdings. Partners Yeo Wico, Wu Zhaoqi and Sunit Chhabra led the transaction. Allen & Gledhill has also advised TPG Capital in respect of the acquisition of a 50 percent stake in Myanmar Distillery Company, one of Myanmar’s leading spirits makers. Partner Chiam Tao Koon led the transaction. AZB & Partners has advised KKR Mauritius Cement Investments Ltd in respect of the acquisition by Dalmia Bharat Ltd (DBL) of approximately 15 percent equity stake of KKR in Dalmia Cement (Bharat) Ltd and the acquisition by KKR of 8.5 percent stake in DBL. Partner Ashwin Ramanathan led the transaction which was valued at approximately INR12.15 billion (US$180m) and was completed on 9 March 2016. AZB & Partners is also advising Asia Climate Partners (ACP), through one of its group entities Sabr India Investment Ltd, in respect of ACP’s acquisition of a significant minority equity stake in Swastik Roadlines Private Ltd from, inter alia, India Equity Partners. Partner Gautam Saha is leading the transaction which was signed on 15 February 2016 and is yet to be completed. Clifford Chance has advised New World Development’s subsidiary NWS Holdings Ltd and Chow Tai Fook Enterprises Ltd in respect of a joint venture with US aircraft...