22 Nov 2021
Pace Enterprise's US$ 40 million Series A investment round
Partner Terence Quek, Benjamin Liew and Cheryl Tan from Rajah & Tann Singapore assisted Pace Enterprise Holdings Pte. Ltd. (“Pace”), a Singapore-based Buy Now Pay Later solution, with its US$40 million Series A investment round, which raised capital from Japan's Marubeni Ventures, South Korea's Atinum Partners, Taiwan's AppWorks, Indonesia's Alpha JWC, and Singapore's UOB Venture Management, Vertex Ventures Southeast Asia & India, and Genesis Alternative Ventures.
15 Nov 2021
Establishment of Partior, a joint development by DBS Bank, J.P. Morgan and Temasek
Partners Sandy Foo, Goh Jun Yi, Rajesh Sreenivasan, Benjamin Cheong, Kala Anandarajah, Tanya Tang and Regina Liew from Rajah & Tann Singapore, acted for DBS Bank Ltd. in the joint development with J.P. Morgan and Temasek of a common and open industry platform for payments, trade and foreign exchange settlement in a new digital era, through the use of blockchain solutions.
10 Nov 2021
HKBN JOS (Singapore) Pte. Ltd. and HKBN JOS (Malaysia) Sdn. Bhd.’s sale of 60% stake
Partner Favian Tan from Rajah & Tann Singapore; and Partner Por Chuei Ying from Christopher & Lee Ong are acting for HKBN Group Limited in its sale of a 60% stake in each of HKBN JOS (Singapore) Pte. Ltd. and HKBN JOS (Malaysia) Sdn. Bhd. to StarHub Ltd., and its joint venture with StarHub Ltd.
02 Nov 2021
Asian Tour’s US$200 million partnership with LIV Golf Investments
Partner Lau Kok Keng and Senior Associate Ching Pu Fang from Rajah & Tann Singapore advised Asian Tour, the official sanctioning body for professional golf in the region, in its negotiation of a US$200 million partnership with Saudi-backed company, LIV Golf Investments ("LIV"). The Asian Tour will introduce a premier 10-event series to the circuit's schedule over the next decade and grant LIV an exclusive master licence to capitalise on sponsorship rights for its events.