Private Equity

• A leading Chinese sovereign wealth fund on its co-investment together with a fund which is managed by Warburg Pincus and which controls certain PRC based real estate assets.
• A leading Chinese sovereign wealth fund on its participation in the proposed c.US$4bn privatization of Chindata (NASDAQ: CD) led by Bain Capital.
• A Chinese private equity fund on its proposed Series B investment in Ubitus K.K, a Japanese cloud gaming technology company, other reputed co-investors included NVIDIA, Google and Tencent.
• A leading Chinese wealth management company on its proposed sale of a minority interest in a PRC consumer credit company.
• A leading Chinese private equity fund on its proposed Series 3-B investment in an indoor vertical farming company headquartered in the U.S.
• A multinational financial institution on the proposed investment in a Taiwan offshore wind farm project.
• A leading Middle Eastern sovereign wealth fund, as secondee senior legal counsel, on: 
  - The set up and ongoing operations of its China business
  - USD Fund LP investments including those into funds managed by Sequoia, Hillhouse, Boyu, IDG, DCP, CPE, Eastern Bell, C-Bridge Capital, 6 Dimensions Capital, MSA, among others 
  - The due diligence, structuring, negotiation and closing of direct investments and co-investments in China and Asia generally, ranging from venture, growth, to pre-IPO, on-market and PIPE transactions, primarily in: 
      - Consumer: Xingsheng, Giant Biogene, ZXG, AI Dream,October Rice, Pure Natural, among others
      - Tech: DiDi Ride Hailing, Kuaishou (SEHK:1024), Pony AI, WeRide, DiDi Autonomous, 4th Paradigm, Boss Zhipin (NasdaqGS:BZ), Full Truck Alliance (NYSE:YMM), among others 
      - Healthcare: JD Health (SEHK:6618), Novotech, Hugel (KOSDAQ:A145020)), several GP incubated biotech companies including Nicoya, C-Ray, Ignis, Alfa MedTech and VFLO, among others
     - Real Estate, Logistics & Digital Infrastructure: Princeton Digital Group, Hotwon, JD Logistics, VX Logistics, J&T Express, among others  
     - Energy Transition: BYD (SEHK:1211), XPeng (NYSE:XPEV), CATL(SZSE:300750), among others
     - Portfolio management matters spanning follow on investments, secondary transfers and sell-downs, exercise and non-exercise of voting/ROFO/ROFR/pre-emptive/redemption rights, warrants and put/call options, exits etc
    - Assisting with post-investment value creation, investment disputes, ESG and compliance-related matters
    - Attending and presenting to Investment Committee meetings at both platform and group level; attending board meetings as observers.
• A leading sovereign wealth fund on a number of co-investments in Asia led by private equity sponsors including KKR, Warburg Pincus and Sequoia.
• Korea Investment Corporation, a sovereign wealth fund established by the government of South Korea, in its proposed minority investment in PRC healthcare assets.
• International Finance Corporation (IFC) in its investment in Voyager Innovations, a leading digital technology company in the Philippines controlled by PLDT Inc. (NYSE: PHI, PSE: TEL). Other investors included KKR and Tencent and the total funds raised amounted to US$215 million.
• A Middle East-based private equity house, in its c.US$500mn investment in a fund managed by China Everbright Limited primarily focused on the “New Economy” sectors including Internet plus, fintech, artificial intelligence, media & entertainment and consumption upgrade.
• A Crown corporation as the single largest shareholder in HKBN Ltd.’s (HKSE: 1310) acquisition of WTT Group from affiliates of TPG and MBK Partners at an enterprise value of approximately US$1.34 billion.
• Principal investment arm of an international investment bank, in the proposed investment in Series C+ preferred shares of SenseTime Group Inc. (商汤科技), the then largest AI unicorn by valuation.
• Investment banking business division of a PRC State-owned bank, in the proposed investment in a real estate project in China owned and operated by State-owned industrial conglomerate China Merchants Group (招商局集团).
• JIC Investment, a wholly-owned subsidiary of China Investment Corporation (CIC), on a number of its strategic  minority co-investments with  Bright  Food  Group,  a leading Chinese state-owned conglomerate in the food manufacturing and distribution industry (previous firm experience).
• Warburg Pincus on a number of pre-IPO minority investments in and restructurings of China-based pharmaceutical, medical services and medical devices businesses (previous firm experience).
• Boyu Capital on its HK$371 million investment  in  Stelux  Holdings  International Limited (HK: 0084), one of the largest mid-end watch and optical retailers in Asia (previous firm experience).

Private M&A

• Contemporary Amperex Technology Co., Limited (CATL(SZSE:300750)), the world’s largest electric vehicle battery maker) in their joint venture with the Indonesia Investment Authority (Indonesia’s sovereign wealth fund) for the establishment of a green energy platform to invest in Southeast Asia’s EV supply chain opportunities.
• Tetra Laval International S.A. on its acquisition of LSE-listed Avon Rubber p.l.c.’s milking point solutions business, milkrite | InterPuls, for a cash consideration of £180m.
• Continental AG on the EUR 150 million acquisition of Kathrein Automotive GmbH (Kathrein Automotive), a leading specialist in and manufacturers of vehicle antennas.
• An affiliate of HK listed Haitong International Securities (HK: 665) (Haitong) in the acquisition of the Obagi Medical Products business for US$190 million from Valeant Pharmaceuticals International, Inc. (NYSE: VRX).
• A multinational conglomerate, in its proposed sale of certain patent assets to PRC New Third Market listed General Treatment Environment (Beijing) Co. Ltd (835565).
• Shanghai Electric Power Generation Group, a member of the State-owned Shanghai Electric Group, one of the largest equipment manufacturing conglomerates in China, in the proposed investment in a thermal power project in South Asia.
• Alibaba Health Information Technology Limited (Alibaba Health) (HK: 241) on its proposed acquisition of Tmall’s online pharmacy business for approximately HK$19.4 billion (aborted) (previous firm experience).
• Alibaba Pictures Group Limited  (HK: 1060) on its acquisition of 100% of the equity interests  in  Guangdong  Yueke  Software  Engineering  Company  Limited,  one  of  the largest suppliers of cinema ticketing systems in the PRC, for RMB830 million 9previous firm experience).
• China Cinda  Asset Management (HK: 1359),  one of the four major  Chinese  state- owned asset management companies, on its acquisition of the entire issued share capital of Nanyang Commercial Bank from Bank of China (Hong Kong) for US$8.7 billion (previous firm experience).
• The Hongkong and Shanghai Banking Corporation (HSBC) on its credit card business cooperation with Bank of Communications (previous firm experience).
• A major Chinese state-owned bank on its proposed acquisition of an insurance business in Hong Kong for approximately US$200 million (aborted) (previous firm experience).
• Ciments Francais, one of the world’s five largest cement  companies, on its acquisition of a cement company in Shaanxi Province (previous firm experience).
• Chinese state-owned enterprise on its proposed  acquisition  of a clean energy company in South Africa (aborted) (previous firm experience).

Public M&A

• Mr. Han Zi Jing, CEO and Executive Director of Clear Media Limited, a leading PRC outdoor media company formerly listed on the Hong Kong Stock Exchange (HKSE: 100), as a lead member of an investor consortium comprising Mr. Han, Antfin (Hong Kong) Holding Limited (an affiliate of Ant Financial), JCDecaux Innovate Limited and China Wealth Growth Fund III L.P. (a state-owned private equity fund indirectly controlled by Central Huijin Investment), on the proposed  US$497 million take private of Clear Media Limited through a voluntary general offer.
• The controlling  shareholder  (a  member  of  Chinese  state-owned  conglomerate  China Minmetals Corporation) on the privatization of its formerly HKSE-listed subsidiary Hunan Nonferrous Metals Corporation (HK: 2626) through a voluntary conditional cash offer of approximately HK$6.4 billion in total consideration, followed by a merger by absorption (previous firm experience).
• The controlling shareholder of China  XLX Fertiliser Ltd (China  XLX), a former dual- listed company in Hong Kong and Singapore, on the delisting of China XLX from the Singapore   stock   exchange   through   a   voluntary   conditional   cash   exit   offer   of approximately HK$650 million in maximum total consideration payable (previous firm experience).

Joint Ventures

• GE Technology Development, Inc., a wholly-owned subsidiary of a multinational conglomerate, in the establishment of an energy storage joint venture with a wholly-owned subsidiary of Hong Kong listed Chaowei Power Holdings Limited (HK: 0951).
• A U.S. headquartered and NYSE-listed multinational corporation engaged in the networking products business, in the proposed formation of a joint venture in China with a PRC industrial investment company wholly owned by the State-owned Assets Supervision & Administration Commission of the PRC (SASAC).
• Affiliates of China Great Wall Asset Management in the restructuring of a joint venture with affiliates of Invesco.
• Banco Santander SA on its establishment  of a JV bank with China Construction Bank to provide banking services outside of China’s major cities (previous firm experience).
• Franco Dragone Entertainment Group on its JV with Dalian Wanda Group to produce and operate live theatrical shows in the PRC (previous firm experience).
• Aluminum Corporation of China (Chinalco) on its proposed joint venture with Rio Tinto to explore and mine onshore copper and coking coal (aborted) (previous firm experience).