Baker McKenzie's transactional and advisory team of lawyers in the Asia Pacific region advised on several winning deals and matters, recognized at the recent Asia Legal Awards 2018 and the Asia Business Law Journal's Deal of the Year Awards.
The winning deals and matters include:
1. Yancoal’s financing for Rio Tinto Australian assets acquisition
Baker McKenzie FenXun (FTZ) Joint Operation Office advised Yanzhou Coal Mining through its Australian subsidiary in its acquisition of 100% interest in Coal & Allied Industries from Rio Tinto Group. This deal won “Finance Deal of the Year: Acquisitions” at the Asia Legal Awards 2018 and the Asia Business Law Journal's Deal of the Year Awards.
2. Aapico’s investment in Sakthi Global
Baker McKenzie’s Bangkok office led a multi-jurisdictional team from Amsterdam, Chicago, Frankfurt, London, Singapore and Shanghai to advise Aapico on its investment in Sakthi Global. This deal won the Asia Business Law Journal's Deal of the Year Awards.
3. Asahi Glass’ Thai acquisition
Baker McKenzie advised Asahi Glass on its acquisition of a THB17.77 billion (US$562 million) majority stake in a Thailand-based global manufacturer and supplier of plastic and chemical products. This deal won the Asia Business Law Journal's Deal of the Year Awards.
4. Financing power in Bangladesh
Baker McKenzie Wong & Leow, member firm of Baker McKenzie in Singapore, advised the sponsors (Sembcorp Utilities Pte Ltd., Sembcorp Bangladesh Holding Pte. Ltd. and North-West Power Generation Company Ltd.) and project company (Sembcorp North-West Power Company Ltd) on the development and project financing of the 413 MW (gas) / 333 MW (HSD) Sirajganj dual fired power project in Bangladesh. The success of the Project will contribute to the sustainability of public and private partnerships in the power sector in Bangladesh to overseas power developers and operators. This deal won the Asia Business Law Journal's Deal of the Year Awards, and also the "Asia Pacific Power Deal of the Year" award at this year's IJ Global Awards.
5. Konica, INCJ acquire Ambry Genetics
Baker McKenzie (Gaikokuho Joint Enterprise) advised Konica Minolta in its acquisition with Innovation Network Corporation of Japan (INCJ) of Ambry Genetics Corporation, a California-based genetics diagnostics company. This is the largest acquisition to date for Konica, valued at US$1 billion. It also marks a strategic shift for the Japanese firm’s healthcare business as it seeks a leading position in precision medicine. This deal won the Asia Business Law Journal's Deal of the Year Awards.
6. MediaTek’s trade secrets case
Baker McKenzie's Taipei office advised MediaTek in filing an application for a preliminary injunction and emergency temporary restraining order to prevent its former employee, who joined a major competitor in China, from using and disclosing MediaTek’s trade secrets. This case was a landmark case in Taiwan’s trade secret/IP practice, and won the Asia Business Law Journal's Deal of the Year Awards.
7. MPAA, Village Roadshow v Australian ISPs
Baker McKenzie represented the Motion Picture Association of America (MPAA), its members (i.e. Disney, Warners, Sony, 20th Century Fox, Universal, Paramount) and Australian movie studio and distributor, Village Roadshow, over a copyright litigation in which the MPAA members and Village Roadshow in an action against various ISPs in Australia to block access to a number of websites that infringe copyright. The matter was ground-breaking as it s the first site blocking application in respect of a set top box application in the world. This matter won the Asia Business Law Journal's Deal of the Year Awards.
8. Siam buys stake in LafargeHolcim
Baker McKenzie M&A team advised LafargeHolcim, a building materials company, on the divestment of its interest in LafargeHolcim Vietnam to Siam City Cement Public Company Limited (SCCC), Thailand’s second largest cement producer, for US$532 million. This deal won the Asia Business Law Journal's Deal of the Year Awards.
9. Singha estate’s convertible offerings
Baker McKenzie fielded a multi-jurisdictional team from Thailand and Singapore to advise Singha Estate on its dual-track offering of US$180 million of convertible bonds and US$50 million of shares, which comprised 400 million ordinary shares under Regulation S. This is the largest convertible bond offering by a Thai company since 2014. The deal is a ground-breaking capital markets transaction involving several unique features such as being a dual-track offering of convertible bonds and equity, the standby letter of credit from Krung Thai Bank and a stock borrow feature, and will allow the issuers to tap into both international and domestic investors. This deal won the Asia Business Law Journal's Deal of the Year Awards.