Greenland Financial who lead a consortium of financial services and technology companies in their successful bid for a digital wholesale bank licence in Singapore.
USD667m: ACR Holdings and its major shareholders on their sale of Asia Capital Reinsurance Group Pte Ltd, a pan-Asian reinsurance platform, to Catalina Holdings (Bermuda) Ltd (a non-life run-off specialist).
Dai-ichi Life Insurance Company, one of Japan’s biggest listed insurance groups, on its successful bid for a licence to carry out a life insurance business in Myanmar through a wholly-owned Myanmar-incorporated subsidiary.
FWD Group, the pan-Asian insurance business of Pacific Century Group, on its USD290m acquisition of PT Commonwealth Life, the Indonesian life insurer, from Commonwealth Bank of Australia and its local partners.
Barings Private Equity Asia, in its acquisition of a majority stake in the Vistra group, and assisting in the obtaining of the MAS approvals.
A global financial services firm in the establishment of a financial technology platform in South East Asia. The platform is intended to partner with local financial institution ecosystems to distribute financial products and services.
A consortium of investors on the restructuring of PT Bank Muamalat Indonesia Tbk through a series of transactions including: the sale of NPLs; a rights issue; dealing with OJK (capital markets and banking) on the issues of a controlling shareholder; an MTO; and the fit and proper test.
DBS Bank Limited in their application for, and approval to act as an “approved bank” for the Capitavoucher programme, the voucher programme operated by CapitaMalls for all the malls owned or operated by Capitaland Malls. In addition, we were also involved in the negotiation and preparation of all the documentation between DBS and Capitaland Malls. This was a novel and unusual matter, as the Capitavoucher programme was one of less than 5 "widely accepted stored value facilities" in Singapore, and the first widely-accepted stored value voucher scheme.
China’s largest digital payment and diversified fintech company on the establishment of a new, novel blockchain remittance network which allowed for real time transfers of cash between individuals in different jurisdictions across APAC. The network was hubbed out of Singapore and we were involved in obtaining the regulatory clearances for the operator of the network in order to provide the services.
ESR Cayman Limited on its formation of a Korean focused development platform in Singapore with Dutch pension asset manager APG Asset Management N.V. and Canada Pension Plan Investment Board as its initial investors. The platform will be initially capitalized with equity commitments totalling USD1bn, with two options to upsize the platform to a total capitalization of USD2bn.
Jollibee on its shareholder arrangements re and investment into International Coffee & Tea, LLC. which owns and operates the “Coffee Bean & Tea Leaf” international chain of coffee stores and franchises.
Ninja Van, the technology-enabled last-mile logistics platform operating in South East Asia, on its Series C and Series D fundraisings.
