Baker & McKenzie is advising Beijing Enterprises Water Group Limited on its RMB 955 million acquisition of nine raw water, water treatment, water supply and sewage treatment projects, four of which are located in Jiangsu and Zhejiang provinces, one in Fujian province, and four projects in Shandong province in the PRC, from Salcon Berhad, a company listed on the main market of Bursa Malaysia Securities Berhad, and its joint venture company, Salcon Water (Asia) Limited.

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The Firm recently represented Citigroup Global Markets Inc., Deutsche Bank AG, Singapore Branch, Goldman Sachs International, The Hongkong and Shanghai Banking Corporation Limited, The Korea Development Bank and Woori Investment & Securities Co., Ltd., as underwriters, in connection with The Republic of Korea’s US$1.0 billion takedown offering of 3.875% Notes due 2023 under its shelf registration program on Schedule B registered with the U.S. SEC.

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Dechert represented OCI Resources LP on its master limited partnership initial public offering (IPO) and listing on the New York Stock Exchange on September 13, 2013. The initial public offering of 5,000,000 common units represents limited partner interests in the Partnership at a public offering price of $19.00 per common unit.

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Earlier this year, Hong Kong property developer and long-standing client of the firm, Wing Tai Properties Limited, engaged Herbert Smith Freehills for advice on a US$464 million (HK$3.6 billion) financing deal for the development of a 318,076 sqft. residential development in Sha Tin, New Territories, Hong Kong. Following the successful closing of that transaction in March, the firm was again instructed to advise on another of the developer’s financing transaction—a US$224 million (HK$1.74 billion) financing for a plot of land adjacent to the client’s initial purchase in Sha Tin.  The lender on both transactions—Bank of China (Hong Kong) Limited—was advised by Mayer Brown JSM.

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Bankruptcy lawyer David Kidd was recruited by international law firm Linklaters this week, according to a firm press release.  The Hong Kong attorney will start the new job next month.

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Linklaters today announces that Gavin Lewis is to join the firm as a partner in the firm’s litigation practice and will be based in Hong Kong. Gavin will join from Herbert Smith Freehills.

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Leading international law firm Clifford Chance has advised AMP Capital on its proposed establishment of a joint venture funds management company with China Life Asset Management Company, a subsidiary of China Life Insurance China access to China  (Group) Company, China’s largest insurance group and the world’s largest listed insurance company by market capitalisation.

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Linklaters today announces that leading restructuring & insolvency lawyer David Kidd has been elected as a partner to lead its pan-Asian Restructuring & Insolvency practice. David Kidd will join in October and will be based in Hong Kong.

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Baker & McKenzie is advising ARA Asset Management (Fortune) Limited, as manager of Fortune Real Estate Investment Trust (“Fortune REIT”), on Fortune REIT’s proposed acquisition from Cheung Kong (Holdings) Limited of Kingswood Ginza in Hong Kong for a total consideration of approximately HK$5.84 billion. The acquisition will be by way of purchase of the company holding the Kingswood Ginza Property. The purchase consideration will be financed by drawing down new term loan facilities and using the net proceeds of the unit placement conducted recently by Fortune REIT in August 2013. Baker & McKenzie advised Fortune REIT on the unit placement and is also advising on the debt financing.

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Kirkland & Ellis represented L Capital Asia, the Asian private equity arm of LVMH Moët Hennessy Louis Vuitton S.A. (LVMH), which recently closed its second private equity fund. The fund was oversubscribed and closed at its hard cap of US$950 million, exceeding its original target of US$800 million. The fund, which will make investments in Asia’s lifestyle-consumer and branded goods sectors, accepted commitments from a broad mix of global institutional investors, including sovereign wealth funds, pension plans, endowments and foundations, diversified financial institutions and family offices.

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