2014.3
Alibaba picks U.S. for IPO; in talks with 6 banks for lead roles
Chinese e-commerce giant Alibaba Group Holding Ltd has decided to hold its long-awaited IPO in the United States, and is in discussions with six banks to underwrite the deal, in what is set to the most high-profile public offering since Facebook Inc’s …
Yulchon hires ex-IP judge
Yulchon has bolstered its intellectual property practice with the appointment of former IP judge Dong Soo Han as a partner in Seoul.
GE partner and Rolls Royce ally discuss alliance
IHI Corp, General Electric’s jet engine partner in Japan, may tie up aircraft engine part production with Mitsubishi Heavy Industries Ltd which is more closely aligned with GE’s competitors.
Thai tycoon’s FCL wins approval to list REIT in Singapore
Frasers Centrepoint Ltd (FCL), a company controlled by Thai billionaire Charoen Sirivadhanabhakdi, won approval from the Singapore Exchange to list a hospitality real estate investment trust (REIT).
Singapore to regulate virtual currency industry
Singapore’s central bank said on Thursday it plans to begin regulating virtual currency intermediaries, such as bitcoin exchanges and vending machines, in order to address concerns they could be used for illicit transactions.
Temasek-led group offers $2.1 bln for remaining Olam shares
A Temasek-led shareholders group has offered to pay $2.1 billion in cash for shares in Olam International Ltd they don’t already own, putting the heft of the Singaporean state investor behind the commodity trading firm’s weak balance sheet.
Yoon & Yang brings chief prosecutor on board
Korean law firm Yoon & Yang has strengthened its criminal practice with the hire of former chief prosecutor Young Kon Cho as a partner in Seoul.
Nominations open: ALB Japan Law Awards 2014
Nominations are now open for Asian Legal Business’ 10th annual Japan Law Awards, the winners of which will be announced in a gala ceremony at the Ritz Carlton hotel on Friday, June 20.
ELP appoints TMT head in Delhi
Indian law firm Economic Laws Practice (ELP) has brought Jyoti Pawar on board to head the firm’s telecommunications, media and technology practice.
Iran seals gas export deal with Oman
Iran has sealed an agreement to export 10 billion cubic metres of gas per year to Oman, Iran’s state news agency IRNA said on Wednesday, in a deal that also involves building a pipeline across the Gulf at a cost of about $1 billion.