Davis Polk, Jingtian & Gongcheng, Clifford Chance and King & Wood Mallesons have advised on Baicha Baidao’s HKD2.59 billion (USD330 million) debut on the HKEX, marking the city’s biggest IPO to date in 2024. Baicha Baido, the third-largest tea chain in China, offered 148 million shares at HKD17.5 apiece. Davis Polk advised Baicha Baido on Hong Kong and US law, while Jingtian & Gongcheng counselled on PRC law. Clifford Chance acted as the Hong Kong and US counsel to the sole sponsor CICC, with China co-managing partner, Tim Wang, leading the team along with partners Fang Liu and Xia ..read more

Milbank, Appleby, Loeb & Loeb and Dahui Lawyers have assisted on the merger agreement between Singapore-based hotel operator Hotel101 Global and the Hong Kong-based special purpose acquisition company (SPAC) JVSPAC Acquisition. The combined entity is set to be listed on the Nasdaq in the second half of this year and is expected to be valued at more than USD2.3 billion. Hotel101 has appointed Milbank as its legal counsel and partner James Grandolfo led the team. Appleby acted as Hotel101’s Cayman Islands and British Virgin Islands counsel, led by Shanghai-based partner Kitty Chan, with supp ..read more

Norton Rose Fulbright has appointed partner Beelee Seah to strengthen the global law firm’s banking and finance team in Singapore. Bringing more than a decade of experience and formerly with Baker McKenzie as a local principal, Seah has established himself as a seasoned expert in Southeast Asia’s dynamic loan markets. His expertise spans the spectrum of cross-border financings, with a keen focus on fund finance and the Vietnamese market. Yu-En Ong, head of Singapore at Norton Rose Fulbright, said: “We are currently seeing huge demand across Southeast Asia and Seah’s outstanding experience – wo ..read more

Trilegal, Saraf and Partners and Duane Morris & Selvam have advised on pharmaceutical company Wockhardt’s INR4.8 billion (USD57.8 million) qualified institutional placement (QIP). Partner Richa Choudhary and counsel Avanti Kale led the Trilegal team advising Wockhardt, with the assistance of senior associate Maitreya Rajurkar, as well as associates Sanya Chaudhari, Pooja Tada and Archit Jain. Saraf and Duane Morris counselled the book running lead manager DAM Capital Advisors. Partner Murtaza Zoomkawala led the Saraf team, acting as Indian counsel, with the assistance of senior associate S ..read more

Role Data Privacy Counsel Location Hong Kong Job Description Our client is currently seeking a highly motivated and experienced individual to join their team as a Data Privacy Counsel. As part of this role, you will be responsible for providing expert guidance on data protection matters. – A degree in Law or any other relevant legal subject. – At least 3 years’ PQE (Post-Qualification Experience) or experience working specifically within data/privacy law. Job Requirements • Expertise – You should have extensive knowledge about privacy laws and regulations both locally and globally • C ..read more

Role Commercial Bank Legal Counsel Location Hong Kong Job Description – Provide legal counsel and assistance to multiple business units within the financial institution and the group, ensuring adherence to legal requirements and minimizing legal risks. – Support the Head of Legal in delivering comprehensive legal advice to management, safeguarding the bank’s interests and promoting compliance. Job Requirements • Qualified lawyer in the Hong Kong SAR. • Ideally, a minimum of 4 years of legal experience in the banking/ finance sector, preferably from top international law firms and/or l ..read more

Revanta Mathur has joined Cyril Amarchand Mangaldas as a partner in Delhi-NCR, becoming the second hire since September 2023 to bolster the IP practice. Mathur said, “I am excited to join the largest full-service law firm in India and embark on this new chapter in my professional life.” Previously at Anand and Anand for more than a decade, Mathur honed his skills in the IP practice. His addition is the second partner hire from Anand and Anand, following Swati Sharma who was appointed in September last year and currently heads the IP practice at CAM. CAM managing partner Cyril Shroff said, “I’m ..read more

https://law.asia/wp-content/uploads/2024/04/Pay-your-debts-to-micro-or-small-enterprises-or-else-Shahid-Khan.mp4 With the introduction of amendments to the Income Tax Act, 1961, India’s government has introduced legal changes to encourage the prompt payment of amounts that businesses owe to micro or small enterprises (MSE). This is a positive step as it will provide considerable financial support to Japanese companies, as well as to domestic entities within this category. Expenses incurred for business purposes are deducted to calculate business income on which tax is to be charged. Under the ..read more

Meenal Maheshwari Shah has joined fintech company Angel One as group general counsel, bringing more than 14 years of diverse experience to the team. Shah’s expertise involves managing diverse legal transactions, adeptly navigating complex legal environments, and offering insightful counsel on legal, policy and regulatory matters. “Leveraging my experience, I look forward to navigating complex legal landscapes, fostering a culture of compliance and contributing to the company’s ongoing success,” said Shah on her appointment. She has provided legal counsel to companies both in India and internat ..read more

Global Law Office has welcomed Li Deyuan, Li Yuanyuan and Yang Haoyan to their Beijing and Chengdu offices to boost the firm’s businesses in private equity and investment funds, M&A, and banking and financing. The Beijing-based Li Deyuan is a specialist in various areas including PE/VC, M&A, and foreign direct investments. He was involved in many major transactions, such as Tencent’s investment in Xiaohongshu, Didi’s equity financing projects, Ford China’s RMB6.6 billion (USD911 million) acquisition of Hafei Motor, and Haisco Pharmaceutical Group’s cross-border investments and M&A ..read more