Arfat Selvam is Managing Partner of Duane Morris & Selvam LLP and Selvam LLC. Ms. Selvam practices in the area of corporate law.

Ms. Selvam has over forty years' experience in corporate finance having been at the forefront of the development of the financial services market in Singapore. Her wide array of experience includes mergers and acquisitions, corporate restructures, takeovers, funds raising in the capital markets, privatisations, financial services, cross border investments, financial services and international joint ventures.

Ms. Selvam has been involved in several landmark transactions such as DBS Bank's acquisition of POSB, the merger of Keppel Bank with OCBC as well as the initial public offerings of Singapore Airlines, Neptune Orient Lines and Creative Technology.

Ms. Selvam has been closely involved in the legal changes driving the legal financial services sectors in Singapore. She was a member of the Company Law Reform Committee, which made major recommendations affecting the companies and securities laws in Singapore. Ms. Selvam is regularly cited in various legal publications as one of Singapore's top corporate finance lawyers.

Ms. Selvam was president of The Law Society of Singapore in 2003 and a former Director of the Stock Exchange of Singapore Limited. She was also a member of the Senate of the Academy of Law, the Board of Legal Education, and was formerly on the Board of the Accounting and Corporate Regulatory Authority (ACRA).

Ms. Selvam is a Fellow of the Singapore Institute of Directors. She is also a Director of Singapore listed companies CapitaLand Limited (www.capitaland.com) and CapitaMalls Asia Limited (www.capitamallsasia.com).

She was admitted as an Advocate & Solicitor of the Supreme Court of Singapore in 1969.

Representative Matters

+ Advising Heineken on its US$4.1 billion bid for Asia Pacific Breweries Limited, acquiring an additional 40 percent stake in the joint venture from its partners, Fraser & Neave Ltd, a Singapore-based conglomerate.

+ Advising HSBC on the sale of its Singapore general insurance businesses to French insurer AXA Group, as part of HSBC's wider multi-jurisdictional disposal of its general insurance businesses in Hong Kong, Singapore, Argentina and Mexico in a split deal to AXA Group and Australian insurer QBE.

+ Advising AIA on the restructuring and transfer of its Singapore life and general insurance business from a branch office to a wholly owned subsidiary incorporated in Singapore, through a scheme of transfer under Section 49FB of the Insurance Act of Singapore

+ Advising DBS Bank in its S$1.6-billion acquisition of POSBank from the Ministry of Finance.

+ Advising Keppel Capital Holdings Ltd in the S$1.85-billion takeover offer by Oversea-Chinese Banking Corporation Ltd for all its issued shares and outstanding listed warrants.

+ Advising Keppel TatLee Bank Ltd on the acquisition of Allied Irish Bank plc's private banking and treasury business.

+ Advising Keppel TatLee Bank Ltd in the restructure of Keppel TatLee Bank Ltd through the creation of a financial holding company, Keppel Capital Holdings Ltd, pursuant to a scheme of arrangement, and the transfer of nonbanking financial institutions to Keppel Capital Holdings Ltd.

+ Advising the minority shareholders of SNP Corporation Ltd in connection with the unconditional cash offers by Singapore Technologies Group to acquire all the issued ordinary shares.

+ Advising Keppel FELS Energy and Infrastructure Ltd on the takeover offer to acquire all the issued ordinary shares in the capital of Singapore Petroleum Company Ltd.

+ Acting as seller's counsel in multijurisdictional acquisition of Business Trends group of companies by U.S.-listed Kelly Services, Inc., through a combination of shares and assets valued at US$17 million.

+ Advising South East Asia Venture Investment NV on leveraged buyout, valued at S$112 million, of a multijurisdictional group with its head office in Singapore, including security arrangements for the financing of the acquisition.

+ Advising The Development Bank of Singapore Ltd on the proposed reorganization of the share capital of the Insurance Corporation of Singapore Ltd for the purpose of restructuring ICS as a wholly owned subsidiary of DBS Group Holdings Ltd.

+ Advising in the S$15.9-million acquisition of 60-million shares in listed company, IMM Multi-Enterprise Ltd, representing 75 percent of the issued share capital of IME by Greenall Investments Pte Ltd. Resulted in a takeover offer for all the shares in IME by Greenall and the acquisition of the Cathay group of companies by IME for cash consideration of approximately S$13.1 million.

+ S$54.3-million transaction involving the acquisition by SNP Corporation Ltd of a listed company, Pan Pacific Public Company, Ltd, by way of a share-exchange arrangement, resulting in PPP becoming a wholly owned subsidiary of SNP.

+ US$80-million acquisition by Keppel Telecommunications & Transportation Ltd of 20 percent of the issued share capital of Computer Generated Solutions Inc., a Delaware corporation, satisfied by the issue of 75-million new shares of S$0.20 each in Keppel T&T.

+ S$265-million transaction involving the sale by Keppel Corporation Ltd of wholly owned subsidiary engaged in ship-repair and ship-building businesses to Hitachi Zosen Singapore Ltd, satisfied by issue of new shares in Hitachi Zosen to Keppel Corporation. Resulted in takeover of Hitachi Zosen by Keppel Corporation.

+ S$409.9-million transaction involving the acquisition of listed company, Keppel FELS Energy & Infrastructure Ltd, by Keppel Corporation Ltd by way of a scheme of arrangement.

Admissions

+ Singapore

Honors and Awards

+ Winner of Southeast Asia Deal of the Year- Asian Legal Business Southeast Asia Law Awards 2013

+ Leading Firm 2013 - The Legal 500, Asia Pacific

+ M&A Leading Firm 2012 - Asian Legal Business

+ Singaporean Islamic Finance Firm of the Year, 2012 - ASIAN-MENA COUNSEL

+ Recognised in Deals of the Year, 2012 - ASIAN-MENA COUNSEL

+ "One to Watch" 2012 - Asian Legal Business

+ Shortlisted for "Managing Partner of the Year" award in the ALB Southeast Asia Law Awards 2012

+ Named to Asian Legal Business Hot 100, 2011