PT Supraco Lines Represented PT Supraco Lines, a subsidiary of Indonesian-listed company PT Radiant Utama Interinsco Tbk (RUIS), on a ship sale and purchase deal involving the acquisition of a mobile offshore production unit (MOPU) operating in Indonesian waters. Otto Marine Services Pte Ltd We acted for Otto Marine Services Pte Ltd, a wholly owned subsidiary of Otto Marine Limited, on the Otto Marine Group’s S$500 million Multicurrency Medium Term Note Programme (the "MTN Programme") with Standard Chartered Bank acted as sole lead manager and bookrunner of the Notes and sole arranger of the MTN Programme. Jurong Cement Limited We acted for Jurong Cement Limited, on the S$50 million acquisition of all of its shares by Holcim Investments (Singapore) Pte. Ltd. By way of a voluntary general offer and subsequent exit offer. Heineken International B.V We acted for Heineken International B.V. (Heineken) in relation to its entry into share sale & purchase agreements with Asia Pacific Breweries Limited with an aggregate consideration of approximately S$536.3 million (approx US$382.6m) for: (a) the disposal by APBL of the entire issued share capital of Asia Pacific Breweries (Aurangabad) Private Limited and Asia Pacific Breweries-Pearl Private Limited to Heineken; and (b) the acquisition by APBL of an approximate 87.3 percent interest in Grande Brasserie de Nouvelle Caledonie SA, and the acquisition of an approximate 68.5 percent interest in PT Multi Bintang Indonesia Tbk and one share of PT Multi Bintang Indonesia Niaga. Otto Marine Limited Renounceable Rights We acted for Otto Marine Limited on its fully-underwritten renounceable rights issue to raise gross proceeds of S$118.7 million. Otto Marine Limited Private Share Placement We acted for Otto Marine Limited on its $92.6 million private share placement pursuant to Section 272B of the Securities & Futures Act. Sin Heng Heavy Machinery Limited We acted for Sin Heng Heavy Machinery Limited on its S$96.63 million Initial Public Offering. Goodpack Limited We acted for Goodpack Limited on its S$20.28 million rights issues of listed warrants. Tsit Wing International Holdings Limited We acted for Tsit Wing International Holdings Limited on the proposed privatization of Tsit Wing International Limited by way of delisting and exit offer pursuant to Rules 1307 and 1309 of the SGX-ST Listing Manual. Thai listed oil & gas company We acted for a Thai listed oil & gas company on the S$90 million acquisition of palm oil plantations in Indonesia. British and Malayan Trustees Limited We advised British and Malayan Trustees Limited on the mandatory general cash offer by BMT Investment Holdings to acquire its entire shareholding. RBS We advised RBS in respect of financial assistance issues arising as a result of the accession of a Singapore subsidiary to a US$150,000,000 multicurrency term loan (entered into by its UK parent company) in connection with a leveraged buyout transaction. Investment Bank We advised the distressed debt buyout arm of a top-tier US Investment Bank with regard to the restructuring of a US$70 million senior facility granted to a leading Indonesian shipbuilding company. Otto Marine Limited on certain vessel financing facilities We advised Otto Marine Limited on certain vessel financing facilities granted by foreign banks. Cambridge Industrial Trust (CIT) We acted for CIT on its proposed conversion into the first publicly listed Shariah compliant Real Estate Investment Trust on SGX. Otto Marine Limited We acted for Otto Marine Limited, an offshore marine group, engaged in shipbuilding, ship repair and conversion and ship chartering, on its pre-IPO restructuring as well as its listing on the SGX with a market capitalization of S$602 million. Proposed listing on Alternative Investment Market (AIM) London We acted as the Singapore Counsel to a Australian company with a mining concession in Bangladesh on its proposed listing on the AIM. CIMB Bank We advised CIMB Bank on a proposed project finance transaction involving two BVI and Cayman Islands companies which are involved in the oil and gas sector in Indonesia. British and Malayan Trustees Limited We have acted for British and Malayan Trustees Limited on its bonus issue of shares. Powermatic Data Systems Limited We acted for Powermatic Data Systems Limited in respect of its sale and leaseback of their industrial property to HSBC Institutional Trust Services (Singapore) Limited, acting as a trustee for Macarthur Cook Industrial REIT. Creative Technology Limited We acted for Creative Technology Limited in respect of it delisting from NASDAQ as well as the S$250 million sale and leaseback of its HQ building to Ascendas Real Estate Investment Trust. S$385 million facility We advised a listed real estate trust in connection with a S$385 million facility comprising of a S$185 million conventional facility and a S$200 million Islamic facility using an Ijara structure. US$135 million multicurrency term loan facility We advised a large offshore private equity fund on a US$135 million multicurrency term loan facility. The advice provided resulted in the structure of this transaction being transformed from a standard financing structure involving, among others, a total subordination of claims by the fund's investors and a comprehensive security package which would have hampered the fund's ability to comply with its investment mandate, to a tailored financing structure which takes into consideration the special features of the fund and which allows it to carry out its investment strategy while providing the lenders with the safeguards desirable for such transactions. S$74 million leveraged acquisition We advised a Singapore-based private equity fund on a S$74 million leveraged acquisition of a Target Company that will be restructured and listed on the SGX. S$70 million Exchangeable Loan Agreement We advised the controlling shareholder of a company (prior to its listing on SGX) on a S$70 million exchangeable loan from a private equity fund which would be convertible into shares of the company after its listing in two tranches. ICICI Bank We advised ICICI Bank in respect of (i)structuring and drafting a security package constituted by the subsidiary of a multinational company in connection with a US$40 million syndicated loan and (ii) on a ship financing facility to a company in India with subsidiaries in Mauritius. US$50 million Sydicated loan facility We acted for the borrowers (two companies listed on the SGX) on the negotiation and completion of US$50 and US$40 million (respectively) syndicated loan facilities including the constitution of various securities as well as the subordination of existing shareholders’ loans. US$800 million Cross-border acquisition of shares We advised one of the subsidiaries of a target company, a leading MNC specializing in packaging solutions, on financial assistance, white wash and other finance and security issues in connection with a US$800 million cross-border acquisition of its shares. Grand Team Technologies We acted as the transaction counsel for Grand Team Technologies Limited for the small offer of 27,000,000 new preference shares for trading on OTC Capital ("OTC") pursuant to an exemption under Section 272A Securities & Future Act (Cap 289). This involved, inter alia, the due diligence exercise, restructuring of the company's shareholdings, and preparation of the Small Offer Document for admission of the company into OTC. Alternative Investment Market (AIM) Listing We advised a Chinese consumer electronics business on its proposed listing on AIM in London. Speedy-Tech Electronics Ltd We acted as the transaction counsel to Speedy-Tech Electronics Ltd in relation to its merger with Integrated Microelectronics Ltd., a member of the Ayala Group of the Philippines, by way of a scheme of arrangement pursuant to section 210 of the Companies Act. Sports Republique We advised Sports Republique on commercial exploitation of rights attached to A1 Grand Prix Team Singapore. Varun Shipping Company Limited We acted as the legal adviser to DBS Bank Ltd (DBS) as manager, underwriter and placement agent in relation to the listing and quotation of Singapore Depository Shares (SDSs) which represented equity shares in the capital of Varun Shipping Company Limited (Varun). Varun is an Indian listed company seeking a secondary listing in Singapore. Indian exchange control law prohibits the shares of companies registered in India to be listed on overseas stock exchanges. However, an Indian company may issue Rupee denominated shares to a person resident outside India (in this case, DBS) for the purpose of issuing SDSs which can then be listed and traded on the Singapore Stock Exchange. Nimbus Sport International Pte Ltd (Nimbus) Since August 2005, we have been acting for Nimbus Sport International Pte. Ltd. (Nimbus) which is headquartered in Singapore with operations and/or events in South East Asia, Indian sub continent, Middle East, UK, Southern Africa, Caribbean, Australia, New Zealand and soon USA. We have conducted all negotiations and finalized all contractual arrangements with its counterparts. Nimbus has proven expertise across the entire value chain of the sports industry i.e. television production, television broadcast, broadcast ad sales, sponsorship marketing, sponsor services, event management, rights management, hospitality, athlete representation etc. Its domain expertise is particularly strong in the following:- + Cricket worldwide, where it is an industry leader ; and + All sports in Asia In cricket, its activities have covered virtually every Test playing nation in the world and its past and present assignments include:- + Rights management, TV production sponsorship sales etc of all ICC events since 2001 including the Cricket World Cup; + Rights management, TV production, sponsorship, sales etc of Asian Cricket Council/Africa Cricket Association including the Afro-Asia Cup; + World feed TV production of India international matches played at home; and + Several other major international cricket series ASA has been involved with numerous deals that Nimbus has been party to. Some of these are listed below: + Cricket World Cup 2007 (CWC) – sponsorship rights + Board of Cricket Control India (BCCI) – various tours. + Pakistan Cricket Board (PCB). Nimbus is the PCB’s regular contractor for various types of tours and the management of the broad spectrum of rights available. This includes all negotiating of contracts for sponsorship, media rights, TV production, advertising, branding and anti ambush measures etc. + ICC. Nimbus Sport International Pte Limited (Nimbus Sport) (formerly called World Sport Nimbus Pte Ltd) was appointed GCC’s sole and exclusive sales and marketing agent in respect of ICC Cricket sponsorship sales on a global basis. Nimbus Sport was also appointed by GCC as the executive producer of “live” television coverage for selected ICC Cricket Events including the ICC Champions’ Trophy 2002, the ICC U-19 Cricket World Cup 2004, and the ICC Champions’ Trophy 2006. In addition, Nimbus Sport currently manages, on an exclusive basis throughout South Asia, the commercial exploitation of ICC Cricket television and other media rights. + The Professional Golf Association of India (PGAI) is considering granting Nimbus the commercial rights arising from, and/or in relation to certain new PGAI sanctioned golf tours in the 2006-2007 PGAI golf season and this will be extendable to the period between 2007to 2012. This agency and marketing will be for all commercial rights and sponsorship marketing. Thakral Corporation Limited ASA has been advising Thakral Corporation Limited relating to the mandatory conditional cash offer by DBS Bank Ltd., for an on behalf of Venture Delta Limited for all the remaining ordinary shares in the capital of Thakral Corporation Limited and all the outstanding convertible bonds issued by Thakral Corporation Limited not already owned, controlled or agreed to be acquired by Venture Delta Limited. SembCorp Marine ASA has been advising Sembcorp Marine and its subsidiary, Sembawang Shipyard Pte Ltd in its $180 million acquisition of the entire share capital in SMOE Pte Ltd and Sembawang Bethlehem Pte Ltd. Kenetics Innovations Transaction counsel for Kenetics Innovations Pte Ltd on its listing on the Alternative Investment Market (AIM). This involved, inter alia, the restructuring of the company’s shareholdings so as to create a holding company in Jersey and participating in the preparation of the admission document for the admission of the holding company into the AIM. Citicorp Advising Citicorp North America, Inc., in relation to the second lien syndicated financing facility to the Quintiles group of pharmaceutical companies. K-REIT Asia Arfat Selvam Alliance LLC (ASA) is acting as legal adviser to the introduction and to the manager of K-REIT Asia, a real estate investment trust, sponsored by Keppel Land Limited. K-REIT Asia is seeking a listing on the Singapore Exchange Securities Trading Limited by way of an introduction, with an issue of up to S$440.1 million in K-REIT Asia units. K-REIT Asia will initially hold three office properties, namely, 44% of the strata area of Prudential Towers, Keppel Towers and GE Tower and Bugis Junction Tower. Its principal strategy is to invest in a portfolio of quality real estate and real estate-related assets which are income producing and are predominantly used for commercial purposes. The manager and trustee for K-REIT Asia are K-REIT Asia Management Limited and Dexia Trust Services Singapore Limited, respectively.
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