Herbert Smith Freehills Cuts JEM Deal

Herbert Smith Freehills has advised Lend Lease Singapore on the successful launch of the Lend Lease JEM Partners Fund. The fund has been established to acquire Lend Lease’s 25% equity interest in JEM, a significant retail and office asset in Singapore which opened for trading on Saturday. Herbert Smith Freehills also advised on the sale of the asset to the fund for around S$227 million (approx. A$189 million).

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Tags:  Herbert Smith Freehills Kramer LLP | Singapore

Duane Morris & Selvam Announces Addition of Ung Gim Sei to Expand Corporate Practice

Duane Morris & Selvam LLP (DM&S) is pleased to announce that Ung Gim Sei has joined DM&S’s constituent firm Selvam LLC in Singapore. The addition of Ung as a director grows the capacity of the corporate practice in Singapore, particularly in intellectual property matters. He brings with him a wealth of experience, with more than 10 years of private practice in Singapore.

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Tags:  Duane Morris LLP | Singapore

O’Melveny Represents PT Bhakti Investama Tbk in US$365 Million Senior Note Offering

O’Melveny & Myers LLP has represented Indonesian-listed investment company PT Bhakti Investama Tbk as guarantor in connection with its offering of US$365 million of 5.875% senior secured notes due 2018 through its wholly-owned Singapore subsidiary Ottawa Holdings Pte. Ltd. Deutsche Bank acted as sole bookrunner and lead manager for the high yield note offering, which was sold to institutional investors in Asia, Europe, and the United States under Rule 144A and Regulation S. The notes are listed in Singapore on the SGX-ST.

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Tags:  O'Melveny & Myers, LLP | Singapore