Wong Kit Fei

Public M&A

• Acted as lead counsel to Top Global Limited in its divestment of all of its shares in PT Suryamas Dutamakmur Tbk (IDX : SMDM) for S$195 million.
• Acted as lead counsel to Grindrod Shipping (NASDAQ:GRIN / JSE:GSH) in respect of the acquisition of the residual minority shareholding by way of a selective capital reduction scheme pursuant to the Singapore Code on Take-overs and Mergers.
• Advised Taylor Maritime Investments (LON : TMI) on its voluntary offer for Grindrod Holdings (NASDAQ : GRIN / JSE : GSH) which valued GRIN at US$506 million. The offer was made in accordance with Regulations 14D and 14E under the U.S. Securities Exchange Act of 1934 and the Singapore Code on Take-overs and Mergers.
• Acted for key management shareholders of Asian Healthcare Specialists Limited, participating in a management roll-over, in the voluntary general offer made by Doctor Anywhere Pte. Ltd.
• Acted for the offeror, Singapore San Teh Real Estate Pte. Ltd., in its acquisition of San Teh Limited by way of a voluntary general offer for S$34.2 million.
• Advised DBS Bank Ltd. (one of the joint financial advisers) in relation to the mandatory conditional cash offer for Tianjin Zhong Xin Pharmaceutical Group Corporation Limited.
• Advised Morgan Stanley, the financial adviser to Ascendas Hospitality Fund Management Pte. Ltd. (as manager of Ascendas Hospitality Real Estate Investment Trust) and Ascendas Hospitality Trust Management Pte. Ltd. (as manager of Ascendas Hospitality Business Trust) in connection with the S$1.2 billion combination of Ascott Residence Trust and Ascendas Hospitality Trust by way of a trust scheme of arrangement.
• Advised Citigroup, Morgan Stanley and Goldman Sachs, the joint financial advisers to a consortium comprising Hillhouse Capital Group, HOPU Investment Management Group, the Bank of China Group Investment and Vanke Group in the private equity buyout scheme for Global Logistic Properties Limited (GLP) for approximately US$11.6 billion. GLP, controlled by GIC, had conducted a competitive tender process to select the bidder.

Private M&A

• Acted for Dymon Asia Private Equity, a South-east Asia focused private equity firm, as lead counsel in various investments and exits in Singapore and the region.
• Acted for one of the largest private preschool operators in Singapore in various acquisitions in Singapore.
• Acted as lead counsel to Linklogis, a supply chain fintech company, in their joint venture with, inter alios, Greenland Financial, in respect of the establishment of a digital banking business in Singapore.
• Acted for SCG Chemicals Company Limited (disposal of a 64.68% stake), PTT Global Chemical Public Company Limited (disposal of a 15.34% stake) and another vendor, in relation to the disposal of their interest in Alliance Petrochemical Investment (Singapore) Pte Ltd.
• Advised WPP Group on their investments/acquisitions and corporate restructuring in the region. WPP is one of the world’s largest communications groups. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
• Advised ICON Group (Australia’s biggest provider of medical oncology services) as Singapore counsel, in its acquisition of Singapore Oncology Consultants. This was ICON Group’s first acquisition in Singapore.
• Acted as Singapore counsel to Softbank Vision Fund in connection with its investment in WeWork.
• Acted as Singapore counsel to the lead investor, a joint fund by a leading South Korean financial services group, in a US$20 million Series C financing round and a US$65 million Series D financing round in Indonesia-based online grocery platform, HappyFresh.
• Acted for Intudo Ventures as lead investor in a Series A financing round in Gredu, an Indonesian-based social ed-tech start-up.
• Acted as lead counsel to Zhefu Holding Group Co Ltd (002266.SZ) in its US$ 161 million divestment of an Indonesian hydro-power plant project.
• Acted for Centre Testing International Group Co., Ltd. (300012.SZ) in:
  • its acquisition of 100% of Maritec Pte. Ltd., a leading global marine fuel testing and marine surveying business headquartered in Singapore; and
  • its acquisition of a majority stake in a German automotive service provider.

Non-profit

• Acted as Singapore counsel advising The International Emissions Trading Association (IETA) on the establishment of a Singapore company limited by guarantee, the Climate Action Data Trust Ltd, in an initiative spearheaded by IETA, the government of Singapore, and the World Bank, to establish a decentralised metadata system that can link, aggregate and harmonise all major carbon market registry data.
• Advising Magic Bus foundation on fundraising and corporate governance matters. Magic Bus seeks to educate and equip children and young people living in poverty in India with the skills they need to secure careers in the organised sector and to break out of the poverty cycle.