Latham, Skadden, R&T act on PropertyGuru’s $431 mln SPAC listing

BY Aparna Sai |

​​​​​​​Latham & Watkins has advised Southeast Asian online realty company PropertyGuru on its planned $431 million New York listing via merger with blank-check firm Bridgetown 2, which was represented by Skadden, Arps, Slate, Meagher & Flom and Rajah & Tann Singapore.

Malaysia: 1MDB drops $1 bln lawsuit against Bakers, corporate head

BY Aparna Sai |

The scandal-ridden state fund 1Malaysia Development (1MDB) has dropped its $1 billion civil lawsuit against its former law firm Wong & Partners and the head of its corporate practice, Brian Chia, over losses suffered by the fund, media reports said.

Skadden, Ashurst, A&O advise on $15 bln Malaysian telecom mega-merger

BY Aparna Sai |

Skadden has advised Malaysian telecommunications conglomerate Axiata Group on the $15 billion merger of its mobile subsidiary Axiata with rival Digi.com, which was represented by Ashurst. Allen & Overy advised Digi’s parent company, Norway’s Telenor.

Shearn representing Malaysia, 1MDB on $5.6 bln lawsuit against KPMG partners

BY Asian Legal Business, Reuters |

Shearn Delamore is representing Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) in a lawsuit seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence linked to a corruption scandal at the fund.

Malaysia: Wong & Partners advising Italy’s Generali on $312 mln of acquisitions

BY Asian Legal Business |

Wong & Partners, Baker McKenzie’s Malaysia member firm, is advising Italian insurer Assicurazioni Generali on multiple acquisitions in the Southeast Asian country totaling $312 million.

Malaysia’s CLO hires white collar crime, investigations practice co-head

BY Aparna Sai |

Christopher & Lee Ong (CLO), Rajah & Tann Asia’s Malaysia member firm, has named Shanti Geoffrey as the co-head of its white-collar crime and investigations practice. Geoffrey was previously running her own firm, Shanti G and Co.

Skrine welcomes back ex-High Court judge

BY Aparna Sai |

Wong Chee Lin, who spent three decades at Malaysian law firm Skrine before a brief stint on the bench, has returned to the firm as a litigation partner in Kuala Lumpur.

Malaysia: IP, disputes focused LAW gets commercial heft with key hire

BY Aparna Sai |

Malaysian firm LAW Partnership, which specialises in IP and disputes, has strengthened its corporate offering after hiring Raphael Tay as the head of its corporate and commercial practice in Kuala Lumpur from Lee Hishammuddin Allen & Gledhill.

Malaysia’s CLO gets new restructuring and insolvency co-head

BY Aparna Sai |

Rajah & Tann Asia’s Malaysia member firm, Christopher & Lee Ong (CLO), has hired Chua See Hua as a partner and co-head of its restructuring and insolvency team.

Malaysia’s Skrine builds Islamic finance capabilities with partner duo

BY Aparna Sai |

Malaysian law firm Skrine has hired Islamic finance lawyers Sharifah Shafika Alsagoff and Hafidah Aman Hashim as partners in Kuala Lumpur from Mohamed Ridza & Co.

State of the Market: Malaysia

BY Elizabeth Beattie |

The COVID-19 pandemic overshadowed some of the year’s biggest events and set well-laid plans into a tailspin. Now, on the brink of a new year, as economies look to open up, the focus is firmly on the future.

State of the Market: Hong Kong and Singapore

BY Elizabeth Beattie |

As a pandemic year winds to a close, businesses in Asia are hopeful that 2021 will be a year of recovery and possibility. With a vaccine on the horizon and talk of borders reopening, the picture is remarkably brighter than it was just a few months ago.