Photo, Grace Ong

Grace Ong

Counsel
Baker & McKenzie LLP

Biography

Grace Ong is a corporate lawyer in Baker McKenzie’s Abu Dhabi office focusing on mergers and acquisitions. private equity and joint ventures.

Prior to joining the Firm, Grace was a partner at a big five law firm in Singapore working on numerous cross-border M&A transactions in the region. Grace also has in-house experience, having been part of large multinational companies which require internal and external collaboration with various stakeholders.

Representative Legal Matters

  • Advised the Montfort Group, a global commodity trading and related-asset investment company, in relation to its acquisition of Uniper's crude oil processing and marine fuel trading business based in the UAE (“Uniper Energy DMCC”) via a joint venture with the Private Office of Sheikh Ahmed Dalmook Al Maktoum.

  • Advising Aldar Properties on the joint venture with an Abu Dhabi sovereign investor to acquire Al Maryah Tower, a prime Grade A commercial office property located on Al Maryah Island, Abu Dhabi.

Prior to joining Baker McKenzie:

  • Acting for Standard Chartered Private Equity (Singapore) Pte Ltd and TH60 Investments Pte. Ltd. in their pre-conditional voluntary general conditional cash offer (the “Offer”), for all the issued and paid-up ordinary shares in the capital of Tat Hong Holdings Ltd (“THH”), through THSC Investments Pte. Ltd., a special purpose vehicle incorporated to undertake the Offer. The Offer valued THH at SGD 455 million based on the offer price of SGD 0.55 per offer share.

  • Acting for EDB Investments Pte Ltd (“EDBI”, the investment arm of Singapore’s Economic Development Board) and Credence Capital Fund II (Cayman) Limited (“Credence”) in a funding round led by EDBI and Credence, which raised USD 30 million (SGD 39.3 million) in Series C funding, for Zimplistic Private Limited, a Singapore-incorporated company.

  • Acting for Zhejiang Geely Holding Group Co., Ltd in its investments in automobile companies, Proton Holdings Berhad (“Proton”) and Lotus Advance Technologies Sdn. Bhd. (“Lotus”) by way of a subscription for shares representing 49.9% of the enlarged paid-up share capital of Proton, and acquisition of 51% of the shares of Lotus.

  • Acting for a consortium in the purchase of McDonald’s business in Singapore and Malaysia, from McDonald’s Corporation.

  • Acting for Yuanta Financial Holding Co., Ltd., a company listed on the Taiwan Stock Exchange, in its separate acquisitions of stockbroking companies in Indonesia and Thailand, through one of its subsidiaries.

  • Acting for the Singapore subsidiary of a US semiconductor foundry, in its proposed joint venture with an industrial park located in the Peoples’ Republic of China and which is supported by its local municipal government.

  • Acting for Amber Investment Holding (Cayman) Limited, a Blackstone entity, in its acquisition from Arch Capital Asian Partners, LP (acting through its general partner, Arch Capital Asian Partners, GP), of the entire issued and paid-up share capital of Highest Reach Investments Limited, which holds 34 strata units comprised in the residential development located at 21 Anderson Road, for SGD 164 million.

  • Acting for Ekuiti Nasional Berhad, a Malaysian government-linked private equity fund management company, in its acquisition of a 100% stake in Burger King Singapore Pte Ltd, through its portfolio company, Rancak Selera Sdn Bhd.

Admissions

  • England & Wales (Solicitor)~United Kingdom (2020)
  • Advocate and Solicitor of Singapore (2010)

Education

  • National University of Singapore (Graduate Diploma in Singapore Law) (2009)
  • Nottingham University (LL.B., Hons., Second Class (Upper)) (2008)

Languages

  • English
  • Mandarin