Our Southeast Asia practice provides advice and forward-thinking solutions for the region’s most prominent and groundbreaking transactions and cases.
Experience
- Everstone Group, one of Asia’s premier investment firms, in its US$1 billion strategic partnership with Yondr Group to develop and operate data centers in India.
- SoftBank Vision Fund in its investments totaling US$1.5 billion into Grab, Southeast Asia’s biggest ride-hailing firm.
- IndoSpace in the formation of IndoSpace Core, its US$1.2 billion joint venture with Canada Pension Plan Investment Board and IndoSpace Logistics Parks III, its US$580 million India-focused industrial real estate fund.
- GLP Pte. Ltd. in its US$11.64 billion privatization, reported to be the largest-ever private equity buyout of an Asian company by enterprise value.
- GLP China Logistics Fund I, GLP’s flagship USD-denominated develop-to-core fund formed in 2013 to invest in prime, institutional-grade modern logistics assets in China, in the US$5 billion portfolio exit.
- Beam Mobility Holdings Pte. Ltd., a Singapore-headquartered business that is also the leading micromobility company in the Asia Pacific region, in its US$26 million Series A financing from Sequoia Capital India, Hana Ventures, and other investors.
- JT International SA in its acquisition of the assets related to the tobacco business of Mighty Corporation for a total of US$936 million, one of the largest M&A deals by value in the Philippines in 2017.
- A leading global institutional investor and asset manager in connection with its initial significant minority investment in a Singapore-headquartered real estate investment and development platform focused on the industrial and logistics sector in Japan and China.
- A leading institutional investor, as a long-time investor in start-up Grab Holdings, Inc., in connection with Grab’s US$39.4 billion merger with special purpose acquisition company Altimeter Growth Corp., the largest-ever U.S. equity offering by a Southeast Asian company.
- A leading U.S. sports brand in a Singapore-headquartered joint venture with a Chinese manufacturer to establish state-of-the-art manufacturing facilities in Vietnam and Cambodia.
- GLP China Logistics Fund I and its affiliates in the $5 billion recapitalization and exit of the portfolio development within GLP’s flagship USD-denominated develop-to-core fund formed in 2013 to invest in prime, institutional-grade modern logistics assets in China.
- GLP Pte. Ltd. in the establishment of GLP Japan Development Partners IV (JDP IV), which will have US$9.1 billion in assets under management when fully deployed, one of the largest-ever Japan-focused private real estate funds.
- GLP Pte. Ltd. in the formation of its BRL 5.2 billion (US$1 billion) GLP Brazil Development Partners II, a logistics-focused fund that will develop nine Class-A logistics parks in prime São Paulo submarkets.
- GLP Pte. Ltd. in the formation of RMB 4.5 billion (approximately US$675 million) GLP China Value-Add Venture III with a group of leading international and domestic institutional investors to invest in GLP Park Lingang in Shanghai, the biggest and most advanced port-based logistics park in China.
- GLP Pte. Ltd. in the formation of its US$5.4 billion Japan Income Fund, Japan’s largest private open-end logistics real estate income fund.
- Savills Investment Management in the conversion of Savills Investment Management Japan Residential Fund II, LP from a closed-end to its first open-end real estate fund in Asia.
- Savills Investment Management in the formation of Savills Investment Management Japan Residential Fund II, LP.
- Intudo Ventures in relation to three flagship of funds focused on high potential early-stage start-ups in Indonesia.
- EverStream, a global renewable energy investment firm, in connection with multiple funds established to make renewable energy investments in Japan.
- Octave Ventures in the formation and related matters of its venture capital fund, Octave Ventures Fund II LP, focused on deep tech and biotech investments.
- Touchstone Capital Partners in the formation of its first venture capital fund targeting start-ups in Vietnam’s fast-growing technology sector.
- A Singapore based private equity firm in the formation of a US$1 billion fund focused on active minority growth investments in Southeast Asia.
- A leading global asset management firm in its US$110 million acquisition of a minority stake in a Singapore-headquartered private equity fund-of-funds manager.
- GLP China Income Partners V in the acquisition of financing relating to the USD$5 billion recapitalization and exit of the portfolio developed within the GLP China Logistics Fund I, which was GLP’s flagship USD-denominated develop-to-core fund formed in 2013, to invest in prime, institutional-grade modern logistics assets in China.
- GLP Vietnam Development Partners I in its development financing for logistic facilities in Vietnam.
- A Dutch bank on a €200 million margin loan facility to a private equity firm involving shares listed on Euronext.
- GLP and its affiliates in relation to multiple subscription line facilities.
- GLP in a USD$658 million sustainability linked syndicated loan facility.
- The senior lenders in the acquisition financing to CVC Capital Partners for the acquisition of TRY Group, the largest one-to-one tutoring services provider in Japan.
- GLP Pte. Ltd. in relation to subscription line facilities for GLP Japan Development Partners IV (JDP IV), which will have USD$9.1 billion in assets under management when fully deployed, one of the largest-ever Japan-focused private real estate funds.
- The mezzanine lenders in the acquisition financing to CVC Capital Partners for the USD$1.5 billion acquisition of Shiseido’s personal care business.
- GLP China Holdings on offshore and onshore acquisition financings in connection with multiple acquisitions of PRC real estate properties.
- GLP in the financing of its acquisition of a 50% stake in China Merchants Capital, China Merchants Group’s private equity investment vehicle.
- SoftBank Group Corporation in connection with senior and mezzanine acquisition facilities for OYO’s acquisition of Netherlands-based @Leisure.
- The mezzanine lenders in Bain Capital’s approximately USD$380 million acquisition of Kirindo, a Japanese pharmacy chain store operator.
- BlackRock, an American global investment management corporation, in relation to offshore and onshore acquisition financing, and on the acquisition of two Shanghai office blocks of grade-A office buildings in Changning, Shanghai.
- A listed insurance and financial services company on multiple syndicated debt financings.
- Ascendent Capital Partners in its USD$150 million investment in Best Assistant Education Online Limited, an education business subsidiary of NetDragon Websoft Holdings Limited.
- PA Chokmah Investment Limited (wholly owned by Ping An Overseas Holdings), as lender in relation to a HKG$500 million convertible loan to Wisdom Education International Holdings Company Limited, a Hong Kong-listed company, principally engaged in operating premium primary and secondary schools in China.
- Princeton Digital Group in:
- the establishment of its new portfolio of data center facilities across Asia, including facilities in Indonesia and Singapore.
- negotiations with specialist technology vendors in connection with the establishment of the DCSG data center in Singapore.
- BigPay Pte Ltd. in deal structuring and technology development arrangements in relation to AirAsia’s development of a pre-paid card and mobile wallet platform.
- Oriente, a Hong Kong-based financial services and technology company, in its joint ventures with JG Summit Holdings in the Philippines and with Sinar Mas Group in Indonesia to develop and operate consumer lending and peer-to-peer loans online and mobile platforms.
- Chubb, a large global property and casualty insurance company, in a regional contractual-distribution joint venture with Grab Taxi, a leading on-demand transportation and Fintech platform in Southeast Asia.
- Venture arm of an international payment network with respect to strategic investments in:
- early stage Fintech companies, including a B2B and B2C SAAS platform for tax processing and payment in Singapore;
- an open finance tech platform providing solutions for financial institutions in SEA;
- an Indonesian B2C travel services platform operating throughout SEA.
- A leading Southeast Asian telecommunications group in a complex dispute with a European telecommunications giant arising out of the sale and acquisition of a telecommunications company in a challenging emerging market.
- An energy company in litigation and multiple parallel administrative proceedings and a 3 month mediation to resolve disputes arising out of a catastrophic explosion and subsequent fire in a power plant in Guam.
- A Chinese energy company in an arbitration seated in Singapore against an Indonesian mining company in relation to a coal supply agreement.
- An international manufacturing company in a risk assessment and litigation strategy in connection with a large acquisition in the Philippines.
- A private equity firm on an investigation relating to corruption and government procurement issues.
- A global company with operations in Southeast Asia in connection with a sensitive anti-corruption internal investigation and related remediation counselling.
- A global technology company with operations in South Asia in an internal investigation into procurement practices.
- A large multinational professional services provider in an internal investigation and potential litigation in connection with employment-related issues.
- A Singapore headquartered private equity business on pre-transaction compliance due diligence in relation to multiple transactions in Asia.