2014.2
Shearman adds nuclear partner in Tokyo
Shearman & Sterling has bolstered its project development and finance practice with the addition of George Borovas as a partner in Tokyo.
ALB launches online events registration
Asian Legal Business has launched a new online events registration system across all its events in Asia- Pacific.
SE Asia Deals: ONGC, OI buy Videocon stake for $2.5 bln
Also, AZB stars in Gores Group’s takeover of Harris Broadcast Communications, TATA Autocomp Systems’ deal with TATA Toyo Radiator and Thomas Cook India’s $95 million stake purchase in Sterling Holiday Resorts, and much more in our weekly Southeast Asia deals spotlight.
Deutsche, CICC advise CGNPC on $2 bln HK IPO
China General Nuclear Power Group, the country’s largest nuclear energy company, has picked China International Capital Corp (CICC) and Deutsche Bank as financial advisers ahead of a planned $2 billion Hong Kong initial public offering, IFR reported on…
UBS ‘puts 2 on leave over hiring of Chinese banker’
Swiss bank UBS AG has put two bankers on leave as part of an internal investigation into the hiring of a close relative connected to a potential Chinese corporate client, IFR reported on Monday.
Genting to make S. Korea debut with $2.2 bln casino resort
Casino operator Genting Singapore and Chinese property developer Landing International Development will develop a $2.2 billion casino resort in South Korea, joining global gaming firms rapidly expanding across Asia to court wealthy Chinese punters.
Hanwha chairman gets suspended sentence in new ruling
A South Korean court gave Hanwha Group Chairman Kim Seung-youn a suspended sentence on Tuesday, overturning a landmark decision that had forced a head of a major conglomerate to serve time for breach of trust.
HK property tycoons hit with more charges in bribery case
Thomas and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties Ltd, had additional charges filed against them on Thursday in a bribery investigation surrounding Asia’s largest developer, the company said on Thursday.
Vietnam bets on loosening gaming laws
Despite its rigid stance on social order, the communist government and Vietnam’s top tycoons are exploring ways to profit from what’s currently illegal, while creating jobs and boosting tourism and tax revenue.
Iran, Indonesia oil firms plan to build refinery
An Iranian oil firm and an Indonesian company are looking to build a refinery in the Southeast Asian nation worth at least $3 billion, officials said, as the two countries seek stronger investment ties with the easing of sanctions on Iran.