27 FEBRUARY 2020 Top 10 Headlines | APARNA SAI In the weeks since the world got to first hear about the coronavirus outbreak in China, business activity in and around the country has been greatly affected, with initial public offerings being no different.
Capital market activity in Hong Kong started with a bang – in January, 22 companies raised HK$8.5 billion ($1.1 billion) through IPOs, up 102 percent from the same month in 2019 – but by February, the flow of new listings had all but dried up, according to a report in the South China Morning Post. Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Shearman & Sterling and Bangkok-based The Capital Law Office have advised Thailand’s Central Retail Corporation (CRC) on its 78.1 billion baht ($2.6 billion) initial public offering, with Allen & Overy advising the joint managers. Full Article |
| Submissions are now open for the ALB 2020 Intellectual Property Rankings. The deadline for submission is Friday, March 13, 2020. Full Article |
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| In purpose to increase competitiveness and boost up the investment in Indonesia, the Government of Indonesia, under the leadership of President Joko Widodo, plans to change the wage scheme for employee with a view to increasing. The current wage scheme in Indonesia is regulated under Government Regulation No. 78 of 2015 on Wages (“GR 78/2015”), which provides the calculation of a wage scheme on a daily basis. Full Article |
| Lee Suet Fern, daughter-in-law of Singapore’s founding father Lee Kuan Yew and a partner at Morgan Lewis & Bockius, has rejected the findings of a disciplinary tribunal that found her guilty of professional misconduct over her involvement in the preparation of the late Lee’s will. Full Article |
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| India’s HSA Advocates has brought real estate expert Amaresh Kumar Singh on board as a partner in Delhi from L&L Partners, the most recent lateral partner hire in a 12-month blitz for the firm. Full Article |
| European Union finance ministers added Panama, Seychelles, the Cayman Islands and Palau to the EU’s blacklist of tax havens, while giving Turkey more time to avoid being listed, an EU document said on Tuesday. Full Article |
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| Duane Morris & Selvam, the Singapore joint law venture of Duane Morris, has boosted its capital markets practice with the hire of Jonathan Crandall as a director from Clifford Chance’s London office. Full Article |
| A&O assists on China Communication’s $.15 billion deal, multiple firms act on deals to fight COVID-19, and much more in this week’s Asia Deals table. Full Article |
| Baker McKenzie has grown its financing and infrastructure offering with the hire of Jae-Hyon Ahn as a partner in Seoul from Orrick, Herrington & Sutcliffe’s Tokyo office, where he was an of counsel. Full Article |
| Clifford Chance gains M&A senior lawyer from Skadden, Mayer Brown promotes two in Hong Kong, and much more in this week’s Asia Appointments table. Full Article |
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