MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
Chen, a longstanding corporate finance lawyer, will join Simpson Thatcher as a partner. He joins from Shearman & Sterling where he was a capital markets partner.
During his tenure at the latter, Chen worked on a variety of equity and debt offerings covering SEC-registered offerings, Rule 144A/Regulation S offerings and listings in New York and Hong Kong for companies in the telecom, banking, insurance, oil and gas, technology and other sectors.
Most recently, he advised PetroChina on its $750 million acquisition of the outstanding shares of Jilin Chemical Industrial and China Mobile (Hong Kong) Limited on its $6.9 billion follow-on equity offering and $690 million convertible debt offering.
Luo, who joins the firm as counsel, comes across from the Beijing offices of Fangda Partners, a China-based law firm. At Fangda Partners, he was an M&A partner. He also brings experience as an associate at Shearman & Sterling.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.