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Corporate Lawyers |

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Partner
Corporate
jacqueline.loke@rodyk.com
+65 6885 3699
Acted for Overseas Union Enterprise (OUE) in the sale of the property formerly known as The Parisian located at 21 Angullia Park, via the sale of OUE's subsidiary OUE (Angullia) Pte Ltd to China Sonangol Land at the purchase price of S$283 million. Rodyk also acted in the discharge of the liabilities of OUE, OUE (Angullia) Pte Ltd and Angullia Development Pte Ltd, and the related restructuring with Standard Chartered Bank.
Represented the lenders to the Marubeni Consortium comprising Kansai Electric, Kysushu Electric Power, Japan Bank of International Co-operation and GDF Suez in the S$2.9 billion acquisition financing and JPY67 billion repowering of Senoko Power. Senoko Power is Singapore's largest power generation and retail company and is the second of the three power generation units that Temasek intends to divest as part of efforts to privatise the power industry in Singapore. This deal won the Singapore M&A;Deal of the Year and was finalist for the Singapore Deal of the Year at the ALB SE Asia 2009 Law Awards.
Acted for Pokka Corporation in the delisting and privatisation of its Singapore subsidiary, involving a general offer for all the publicly held shares and compulsory acquisition of remaining shares not acquired under the general offer.
Advised and represented the Clipper Group, one of the major global players in shipping, on attaining the Approved International Shipping Enterprise (AIS) scheme status in Singapore and achieving tax exempt status through the Maritime & Port Authority of Singapore and the Inland Revenue Authority of Singapore.
Acted for the lenders National Australia Bank Limited and Commonwealth Bank of Australia in a S$128.8 million term loan to finance MacarthurCook Industrial REIT's acquisition of an initial portfolio of 12 industrial properties and subsequent acquisitions.
