2013.11
STB, Rahmat Lim, Azmi on KKR-Weststar deal
Simpson Thacher & Bartlett and Rahmat Lim & Partners have represented KKR & Co on the purchase of a minority stake in Malaysia’s Weststar Aviation Services, with Azmi and Associates advising the seller.
Squire Sanders raids Dentons for trio
Squire Sanders has recruited Dentons corporate lawyer Benjamin Kroymann as a partner and two of his team members at its Shanghai office.
Ex-Gide, Winston Strawn office MPs join Minters
Minter Ellison has bolstered its Greater China practice with the hires of corporate lawyer Jem Li and projects specialist Rebecca Silli as partners at its Beijing and Hong Kong offices respectively.
SE Asia Deals: Global Logistic launches $3 bln fund
Sidley Austin advises on Robinson Retail’s $622 million IPO, A&G guides Viva Industrial Trust on its $291 million IPO, and much more in our weekly Southeast Asia deals roundup.
Myanmar turns to Japan, Thailand to kick-start stalled Dawei
Myanmar is set to wrest control of its Dawei industrial complex from Thai company Italian Thai Development over its failure to attract investors to a strategically located, multibillion dollar project tipped as a game-changer for regional trade.
Malaysian billionaire explores MOL Global IPO
Malaysian billionaire Vincent Tan is exploring a $300 million initial public offering of Internet payment company MOL Global Pte Ltd for as early as next year, two people with knowledge of the matter told Reuters.
Binariang GSM ‘plans $1.9 bln sukuk’
A private telecom company backed by Malaysian tycoon Ananda Krishnan is seeking to raise about six billion ringgit by issuing Islamic bonds or sukuk, a person familiar with the matter said on Wednesday.
Iran deal stirs wary optimism in Dubai trading hub
The sheer complexity of the interim Iranian nuclear deal and the expected slow pace of implementation tempered optimism among traders in the Gulf emirate of Dubai on Monday over the impact of up to $7 billion in sanctions relief.
Dubai to soon publish new sukuk standards
Dubai expects to publish in one or two weeks new standards for issuing and trading Islamic bonds, which it hopes will become adopted globally, a senior financial executive in the emirate said on Tuesday.
Shuanghui ‘to bid for Campofrio’
China’s Shuanghui International Holdings plans to launch a counterbid for Spanish meat processor Campofrio, newspaper El Mundo said on Wednesday, citing sources close to a major financing deal for the Chinese group.