RHTL. Taylor Wessing is proud to announce the addition of Mr Richard Tan as a Partner in its Corporate & Securities Practice with effect from 3 April 2013.

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Sidley Austin LLP has announced that Han Ming Ho, who is recognized as one of Asia’s leading international funds lawyers, will join the firm’s Singapore office as a partner. Mr. Ho will serve as co-head of the Asia Investment Funds practice together with Effie Vasilopoulos, a Sidley partner based in the firm’s Hong Kong office.

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International law firm Ince & Co Singapore LLP together with Incisive Law LLC advised Cyprus-based Dynamic Offshore Drilling Limited, in the vessel financing, construction and delivery of its new US$205 million 350 foot KFELS B Class jack-up rig Dynamic Vision constructed at Keppel Fels Shipyard in Singapore.

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Baker & McKenzie is acting as Hong Kong counsel to Hong Kong-listed leading international frozen seafood supplier Pacific Andes International Holdings Limited (“PAIH”) in relation to the proposed acquisition by China Fishery Group Limited (“China Fishery”), an indirect non-wholly owned subsidiary of PAIH, on its US$555.8 million voluntary cash offer for all the outstanding issued shares of Copeinca ASA (“Copeinca”).  Copeinca is the second largest fishing company in Peru whose shares are primarily listed on Oslo Børs and secondarily listed on the Lima Stock Exchange.  The acquisition would elevate China Fishery to become Peru’s largest producer, as well as among the world’s largest producers, of fishmeal and fish oil.

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Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it has advised Golar LNG Group on a US$155 million term facility and a US$20 million revolving facility for the financing of Indonesia’s first floating storage and regasification unit (FSRU), “Nusantara Regas Satu” (formerly known as the “Khannur”).

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Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it has acted on behalf of PTSC Asia Pacific Pte Ltd, (a joint venture between PetroVietnam Technical Services Corporation and Yinson Holdings Berhad) on a term loan facility of up to US$300,000,000 to finance project costs in relation to the floating production, storage and offloading (FPSO) unit “PTSC LAM SON”.

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Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it acted as legal advisor to DVB Group Merchant Bank (Asia) Ltd and Dekabank Deutsche Girozentrale on a loan facility led by DVB’s chemical, LPG and product tanker group to refinance 16 LPG carriers. The financing was implemented following a merger by Epic Shipping and Pantheon Inc for which DVB Corporate Finance separately served as exclusive financial advisor. Both the merger transaction and associated financing involved multiple jurisdictions including Panama, Malta, the Marshall Islands, Singapore, the British Virgin Islands and England and Wales.

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Watson, Farley & Williams Asia Practice LLP (“WFW”) is pleased to announce that it advised Standard Chartered Bank, DVB Group Merchant Bank (Asia) Ltd and ABN AMRO Bank N.V., Singapore Branch on a US$135 million senior loan facility to Vision Drilling Pte Ltd to finance part of the construction of a Keppel FELS B Class jack-up rig named “Dynamic Vision”.

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Herbert Smith Freehills has advised Axiata Group Berhad (“Axiata”) on the strategic merger in Cambodia of Hello Axiata Company Limited (“Hello”) and Latelz Company Limited (“Latelz”) which operates under its main Smart Mobile (“Smart”) brand name. The transaction has an implied enterprise value of US$180 million. Axiata now hold a 90% stake in the combined entity and emerge as one of the largest operators in Cambodia in terms of subscribers and revenue.

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Ashurst has advised Concord Energy Pte Ltd and its affiliates on the sale of a 50% interest in Fujairah Oil Terminal FZC (“FOT“) to Sinomart KTS Development Limited, which completed on 3 January 2013 and FOT on the USD 251,860,000 limited recourse financing of the project, provided by a syndicate of six international banks. The financing closed on 13 February 2013.

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