Skadden, Arps, Slate, Meagher & Flom
6 Battery Road
The Singapore* office of Skadden, Arps, which opened in 1995, provides a comprehensive range of services to our clients. Our lawyers in Singapore concentrate on the areas of mergers and acquisitions, private equity, corporate finance (equity and debt, including high-yield), energy and infrastructure projects, privatizations, litigation and arbitration, internal and regulatory investigations, FCPA, leveraged finance and project finance. The office is integral to Skadden’s practice in nearby countries, including India, Indonesia, Malaysia and the Philippines.
* Skadden, Arps, Slate, Meagher & Flom is licensed in Singapore as a registered foreign law firm to advise clients on certain aspects of their international transactions and operations. We are not authorized to practice Singapore law. All matters relating to advice as to Singapore law will be dealt with by a separate local Singapore law firm.
- Bahasa Indonesia
The Singapore office has represented:
- Thai Oil Public Company Limited, Thailand's largest oil refiner, in its US$788 million initial public offering and listing on the Stock Exchange in Thailand, including a Rule 144A and Regulation S offering (Skadden, Arps represented the issuer). This transaction was awarded "Best Cross-Border Equity Deal" by ALB SE Asian Awards, 2004; and "Best Equity Deal, Best IPO and Best Privatization" for 2004 by FinanceAsia.
- JM Morgan Stanley Private Limited and DSP Merrill Lynch Limited, the lead managers, as sole international counsel in the US$44 million initial public offering and Rule 144A and Regulation S placement by 3i Infotech Limited.
- Kotak Mahindra (UK) Limited and Kotak Mahindra (International) Limited in a US$40 million Rule 144A and Regulation S offering of global depositary shares by Micro Inks Limited.
- the underwriters in connection with Petroleum Authority of Thailand's (renamed PTT) US$726 million initial public offering and privatization of Thailand's national gas transmission network. This deal was selected by FinanceAsia as its 2001 "Best IPO of the Year."
- ABN AMRO Rothschild and Credit Suisse First Boston in the US$330 million initial public offering and privatization of PT. Bank Mandiri (Persero) through an Indonesian public offering and Rule 144A / Regulation S international placement of shares. Completed in 2003, the offering was the largest IPO in Indonesia since 1996. This transaction was named "2003 Best Deal in Indonesia" by FinanceAsia(Dec., 2003).
Mergers and Acquisitions
- Telekom Malaysia in an approximately $1 billion acquisition of a controlling interest in Indonesian cellular provider PT Excelcomindo Pratama.
- BG International Limited in connection with the disposal of its interest in the Tangguh LNG Project located in Papua, Indonesia, for US$253 million to subsidiaries of CNOOC and LNG Japan Corporation following the exercise of pre-emption rights after negotiation of a fully-termed sale and purchase agreement with Mitsui & Co., Ltd.
- PT. Telekomunikasi Indonesia (Persero) Tbk. in a series of transactions with Indosat for a $1.3 billion restructuring of the Indonesian telecommunications industry awarded FinanceAsia's "2001 Most Innovative M&A Deal of the Year," as well as a $207 million acquisition of an Indonesian subsidiary of Cable & Wireless plc and a $1.3 billion arbitration claim brought by an Indonesian subsidiary of AT&T Wireless Services, Inc.
- the former Indonesian Bank Restructuring Agency on a $510 million auction of an equity interest in PT. Bank Central Asia Tbk., awarded Institutional Investor's "2002 M&A Deal of the Year."
- Tenaga Nasional Berhad in connection with its development of a 2,000 MW coal-fired power station in Peninsular Malaysia, including advising on the terms of the EPC contract and several coal supply agreements.
- PT. Trans-Pacific Petrochemical Indotama (TPPI), as project sponsor on the $1.5 billion restructuring to complete construction of an aromatics facility at Tuban, East Java, Indonesia - the first stage in TPPI's construction of an integrated petrochemicals complex. This representation has included a $400 million structured finance completed in cooperation with PT. Pertamina (Persero), the government of Indonesia and bilateral agencies of the government of Japan, which was awarded Project Finance's "2004 Asia-Pacific Petrochemicals Deal of the Year," and a $105 million mezzanine financing funded by international investors.
PT. Paiton Energy in what was named the "Asia Pacific Deal of the Year 2002" byProject Finance magazine in the restructuring of the multi-billion dollar project financing of the Paiton I IPP in Indonesia. Skadden, Arps also represented P.T. Paiton Energy in the concurrent restructuring of its coal supply chain.