This legal update discusses the Monetary Authority of Singapore’s recent decision to sunset the Registered Fund Management Companies regulatory regime so as to streamline the regulatory framework for fund managers in Singapore with the overall goal of encouraging the growth of Singapore’s fund management industry.
Legal Update: Proposed Repeal of the Registered Fund Management Companies Regulatory Regime
The proposed amendments to the GIP are aimed at attracting high-calibre applicants and at the same time increase the economic contribution to the Singapore economy brought by them.
Transaction update on the recent initial public offering of YKGI Limited, in which Lee & Lee acted as the solicitors to the Issue Manager and Full Sponsor (RHT Capital Pte. Ltd.) and Joint Placement Agents (Evolve Capital Advisory Private Limited and KGI Securities (Singapore) Pte. Ltd.) on Singapore law.
The firm is pleased to announce the appointment of the following individuals as Partners of the Firm with effect from 1 January 2017:
Ms Amelia Ang (Litigation Department)
Mr Michael Lim (Real Estate & Property Department)
Mr Freddy Lim (Intellectual Property Department)
Ms Evelyn Ong (Banking Department)
Mr Kenny Goh (Corporate Department)
Ms Liane Lim (Corporate Department)
We take this opportunity to congratulate our Partners on their new appointments.
The Mergers and Acquisitions team, comprising Adrian Chan, Lun Chee Leong and Liane Lim acted for Golden Star Group Limited in the mandatory offer for Novo Group, a company with dual primary listings in Singapore and Hong Kong. The offer was notable in that it had to comply with both the Hong Kong and Singapore takeover codes.
The team had also acted for Biosensors International Ltd in a S$1.14 billion privatisation by way of an amalgamation with a substantial shareholder. This […]
Lee & Lee’s update covers the recent UK Supreme Court case of Cavendish Square Holdings v El Makdessi [2015] UKSC 67
Case Update – Cavendish Square Holdings v El Makdessi
The firm is pleased to welcome Ms Wendy Tan, who joins the Corporate Department as a Partner with effect from 1 October 2015.
Wendy graduated from the National University of Singapore in 1990, and was called to the Singapore Bar in 1991. She has since then spent some 10 years as in-house counsel with Fortune 50 companies and the rest of her career in private practice. She has been involved in corporate commercial, corporate and corporate real estate practice, in Singapore […]
Lee & Lee’s update covers the recent case of Chan Siew Lee v TYC Investment Pte Ltd and others and another appeal [2015] SGCA 40.
Case Update – Chan Siew Lee v TYC Investment Pte Ltd
The firm is pleased to welcome Mr Ng Soon Kai, who joins the Corporate Department as a partner.
The firm is also pleased to welcome Ms Karen Hui and Ms Nandhu, who join the Corporate and Litigation & Dispute Resolution Departments respectively as associates.
Lee & Lee’s update covers the decision of the High Court of Australia in Paciocco v Australia and New Zealand Banking Group Limited [2014] FCA 35.
Case Update – Paciocco v Australia and New Zealand Banking Group Limited – The Enforceability of Late Payment Fees