Xyec Holdings Co. Ltd.’s first Annual General Meeting (“AGM”) after its listing in Singapore was successfully held in Tokyo and Singapore concurrently on 27 June 2014.
According to Mr. Manabu Kobayashi, Executive Chairman, President, CEO and Representative Director of Xyec Holdings Co. Ltd,
“The success of the concurrent AGM in both countries would not have been made possible without the support of our legal adviser RHTLaw Taylor Wessing LLP and our corporate secretarial service provider RHT Corporate Advisory Pte. Ltd. The RHT teams worked tirelessly with us on addressing legal, technical, and logistical issues in the period leading up to the AGM. As RHT’s video conference facility was to be used for the concurrent AGM, we had multiple testing sessions with RHT so as to ensure that the shareholders in Tokyo was able to clearly see, hear and understand (through translation aids) the conduct of the meeting in Singapore. All these would not have been made possible with the help and assistance from the teams at RHT.”
Ch’ng Li-Ling, Partner and Deputy Head, Capital Markets, RHTLaw Taylor Wessing comments,
“We thank Mr Kobayashi for his compliments. Here at RHTLaw Taylor Wessing and RHT Corporate Advisory, we strive to deliver intelligent and innovative legal and business solutions for our clients. We are driven to help our clients succeed. This translates to finding solutions to all kinds of issues. We shall continue to work closely with our clients, to anticipate their needs and to help them succeed by thinking innovatively about their business issues.”
J Prakash, Chief Operating Officer, RHTLaw Taylor Wessing and RHT Group of Companies comments,
“We are delighted to have been able to deliver a successful Annual General Meeting in two different locations. The is testament to the creativity of the team and their constant desire to innovate for clients. The team at RHT Corporate Advisory will continue to delight their clients at every opportunity with business solutions that are both practical and innovative. Congratulations to Xyec Holdings Co. Ltd on their first Annual General Meeting!”
In conjunction with its first anniversary, RHT Compliance Solutions is pleased to announce its expanded geographical presence and capabilities. Together with our partner law firm in Indonesia, Hanafiah Ponggawa & Partners, we have formed PT RHT Solusi Indonesia to offer compliance and risk solutions to financial institutions and corporates in Indonesia.
Mr Constant Marino Ponggawa, Managing Partner, Hanafiah Ponggawa & Partners comments:
"We are excited about our collaboration with RHTLaw Taylor Wessing LLP in setting up PT RHT Solusi Indonesia. This allows us to weave our expertise on Indonesian financial and corporate regulations tap along with the risk and compliance expertise of RHT Compliance Solutions.
We are immensely proud to be the first and only provider of legal, risk and compliance solutions for financial institutions and corporates in Indonesia. This will allow us to deepen our engagement with our clients, and provide a holistic set of services to better serve the needs of greater complexity of businesses in a fast-evolving regulatory environment."
RHT Compliance Solutions is also pleased to announce that it has added on Technology Risk Management as part of its capabilities. Nizari Mohamed joins the Team as Director, Technology Risk Management. Nizari has over 20 years of IT experience, mostly in the banking industry. He was formerly Vice President with JPMorgan Chase leading IT Risk Management for 15 countries in the Asia Pacific Region. He was also the IT Security Head for Coutts, RBS and Vice President for Citibank managing 55 countries in the area of Disaster Recovery & Business Continuity. Nizari was an IT Auditor with Ernst & Young during his earlier career.
Given the intertwining of legal, regulatory and technology risk management issues, and the greater scrutiny on technology risk by regulators, our expanded capability will allow us to offer a seamless, "one-stop shop" to better serve our clients.
Mr Nizam Ismail, Director of RHT Compliance Solutions comments.
"RHT Compliance Solutions has grown quickly and come a long way since its inception in Jul 2013. We have quickly built up a solid client base. Our clients appreciate the value proposition of a holistic set of legal, compliance and risk solutions, as well as our depth and breadth of regulatory, risk and compliance expertise. We are privileged to work with Hanafiah Ponggawa & Partners, a leading law firm in Indonesia, in setting up PT RHT Solusi Indonesia. Additionally, our expanded capability of Technology Risk Management complements our current suite of services - especially given the greater interest of regulators regionally in technology risk management practices.
These twin dimensions of growth - geographical expansion and enhanced capability - will allow us to serve our clients in the best possible way. We look forward to the continued growth of RHT Compliance Solutions in Southeast Asia and beyond.
Mr Tan Chong Huat, Managing Partner, RHTLaw Taylor Wessing adds,
"I would like to congratulate the RHT Compliance Solutions team and Hanafiah Ponggawa & Partners, a leading law firm in Indonesia on the setting up of PT RHT Solusi Indonesia. With this development, we are proud to be the first only outfit offering a holistic set of legal, compliance, risk and technology risk management solutions in Singapore, Malaysia and Indonesia. This also provides a natural extension to our aim of providing our clients access to jurisdictions where they are increasingly active through our ASEAN+ strategy.
I have no doubt that this partnership will give us a unique regional footprint and we are confident that this will open up considerable opportunities for our clients as we pool our expertise and experience together. I am confident that clients can expect greater things from us in the future."
RHTLaw Taylor Wessing is pleased to announce the addition of Mr Arvin Lee as a Partner and Head (China-Related Disputes) in our Litigation and Dispute Resolution Practice with effect from 27 June 2014.
Arvin’s international dispute resolution experience was given a strong institutional foundation through earlier roles as Deputy Head (China) and Counsel at the Singapore International Arbitration Centre (the “SIAC”), and consultant Manager for Law and Policy at the Dubai International Financial Centre (“DIFC”) Courts. Arvin has acted in international commercial arbitrations under ICC, CIETAC and SIAC Rules. He is also regularly invited by arbitral centres, General Counsel forums, and commercial dispute resolution publications to chair, present and publish on strategic and tactical aspects of arbitration procedural rules involving Chinese parties.
Arvin also has Chinese deals experience that gives his dispute resolution work commercial sensitivity. Recent experience includes advising on Singapore law aspects of suite of definitive agreements in a USD 50 million Chinese private equity investment in Indonesia’s largest ferro-nickel project to date, which he was instructed on.
Leading Singapore law firm RHTLaw Taylor Wessing LLP was ranked as a 2014 Employer of Choice in Singapore by the Asian Legal Business (ALB). The ALB Employer of Choice Rankings were compiled taking into account responses from thousands of law firm employees across Asia, ranging from managing partners to support staff.
The report highlights RHTLaw Taylor Wessing’s “excellent working conditions surrounded by great people who are willing to teach and impart their expertise”. The report adds that the firm also promotes a work-life balance.
Tan Chong Huat, Managing Partner, RHTLaw Taylor Wessing comments,
“We are delighted with this recognition. As a people centric firm, we put a lot of emphasis on our people’s professional and personal development. We go beyond just an ‘open-door’ policy but are constantly pushing towards a culture of open-mindedness. Our partners know that they have responsibility to guide, nurture and impart their expertise. More importantly, we also listen and pay close attention to what our staff tell us. This recognition is for everyone associated with the firm.”