RHT Law congratulates RHT Corporate Advisory Pte. Ltd. on securing listed company Duty Free International Limited ("DFI") to engage their corporate secretarial services. DFI (formerly known as Esmart Holdings Limited) is the largest local duty-free trading group in Malaysia with strategic presence at all leading entry and exit points in Peninsular Malaysia. DFI's core business is in the trading of duty-free merchandise and hospitality services which are marketed under the well-known brand name, 'Zon' in Peninsular Malaysia. As part of the Group's hospitality business, DFI owns the Zon Johor Bahru Duty Free Complex. The Group manages the shopping mall (the Zon Mall) and hotel (the Zon Regency Hotel by the Sea), and operates the international ferry terminal (Johor Bahru International Ferry Terminal) located within the duty-free zone. In addition, DFI also owns an 18-hole golf club (Black Forest Golf And Country Club) located at Bukit Kayu Hitam, Kedah, near the Malaysia-Thailand border. RHT Law's Corporate & Securities Partner, Lawrence Wong and RHT Corporate Advisory Manager, Shirley Tan are the named Company Secretaries for DFI.
RHT Law and RHT Capital have pledged their support to uphold and advance good corporate governance standards as Corporate Governance Professionals. The pledge is a key feature of this year's Singapore Corporate Governance week organised by the Securities Investors Association (Singapore) or SIAS. RHT Law and RHT Capital joins leading institutions and corporations who have endorsed this pledge, namely the Organisation for Economic Co-operation and Development (OECD) and the Singapore Exchange (SGX). The pledge is deemed to be timely given the sharp rise in average number of fraud cases in Singapore, notwithstanding that the Asian Corporate Governance Association in Hong Kong recently rated Singapore as having the best corporate governance standard in Asia. The Statement of Support for Year 2011 reads:
"As an Organisation we are committed to upholding high standards of corporate governance to enhance shareholder value. We believe practising good corporate governance is central to the health and stability of our financial markets and economy." A total of 105 companies have signed the Statement of Support for excellence in corporate governance which has been published in the Business Times on 24th October 2011.
RHT Law congratulates RHT Capital on her appointment as the Sponsor for Lereno Bio-Chem Ltd with effect from 19 October 2011.
Lereno Bio-Chem Ltd is a Catalist listed company, engaged in biofuel and investment holdings. The Company operates in two business segments: biofuel and related business, and others.
RHT Law has brought to its ranks two key Partner hires - veteran lawyer Mr Sim Yong Chan, and Ms Tan Siew Kim, in a move to bolster its Litigation and Dispute Resolution practice. Mr Sim joins as a Partner of RHT Law from his previous firm, Arthur Loke & Sim. He is a Litigator and Arbitrator, and is also reputed as an excellent deal initiator and negotiator for merger and acquisition transactions. His experience as a businessman prior to his present vocation as a lawyer stands him in good stead in advising on the dynamics of a deal and in signing up the interests of the parties. He is the current president of The Tanglin Club and legal advisor to the Teochew Poit Ip Huay Kuan, and also holds directorships in two companies listed on the SGX. Ms Tan joins as a Partner of RHT Law from her previous firm, Wong Tan & Molly Lim LLC. She has a wide range of litigation experience, having conducted proceedings regularly in the Subordinate Courts (including the Family and Juvenile Courts), the High Court of Singapore and the Court of Appeal. In particular, she specialises in all aspects of contentious family matters including Appeals in the Court of Appeal. She has been involved in many aspects of civil / commercial litigation including the areas of banking (both corporate and individual), debts work, insurance as well as construction. She has also advised local companies, major banks, MNCs and various statutory boards and liaised with counsel from other jurisdictions for both corporate and family matters. She is regularly featured in local magazines and the press, notably for her views and comments on Family matters. She is also a keen writer on dining / entertainment. With them on board, RHT Law has a total of 29 Partners.