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Corporate Lawyers |

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Partner
Corporate
valerie.ong@rodyk.com
+65 6885 3625
Lead partner in Overseas Union Enterprise Limited’s issue of S$300 million secured fixed rate bonds due 2013. The bonds are listed on the SGX-ST. Standard Chartered Bank was the arranger and manager of the bond issue, which was part of a S$750 million syndicated loan facility.
Lead partner for Overseas Union Enterprise Limited’s S$870.5 million acquisition of DBS Towers 1 and 2 from a Goldman Sachs real estate fund, and acted in the S$750 million syndicated loan facility and S$300 million bond issue for the acquisition.
Acted as Singapore Counsel to the Security Trustee to ABN Amro Bank NV, ING Bank NV and BNP Paribas in the sale of its security interest in Sincere Watch Limited in 2009 to a consortium of buyers in a complex S$113 million which involved the default on loan by the previous acquirer, leading to the sale of the charged shares by the lenders and the lenders taking an equity stake in the Offeror.
Acted for the Joint Issue Managers, Underwriters and Placement Agents in the IPO of Global Palm Resources Holdings Limited on the Singapore Exchange in 2010.
Acted for all 11 distributors (banks and stock broking firms) in Singapore of the Lehman Brothers Minibond notes in their dealings with the Monetary Authority of Singapore and the trustee of the notes programme. The Lehman Brothers Minibond notes case made local headlines after the collapse of Lehman Brothers, with about 8,000 noteholders having invested about S$500 million in the notes programme.
