RHTLaw Taylor Wessing in conjunction with RHT Holdings hosted a Singapore - Israel Technology event on 7 June 2016 at RHTLaw Taylor Wessing offices. Deputy Managing Partner of RHTLaw Taylor Wessing, Azman Jaafar, presented on the startup landscape in Singapore, and CEO of RHT Holdings, Jayaprakash Jagateesan, presented on funding, professional services and business solutions in the region.
A report suggested that Israel boasts the world’s highest concentration of high-tech start-ups per head and almost 1,000 new companies are launched there every year. Venture investments in Israel-based companies have not only increased in the number of deals – with a near 40% rise quarter on quarter, but they have more than tripled the total amount invested in Q1 of 2015.
The event had overwhelming response with over 100 attendees comprising Israeli startups, VCs and technology related service providers.
RHTLaw Taylor Wessing Partner Nizam Ismail was featured in a Channel NewsAsia article titled “Can Singapore stay clean when banks play dirty for wealthy clients?“.
The article makes reference to an interview with Channel NewsAsia programme Money Mind, where Nizam shared his thoughts on the compliance failures in relation to the Monetary Authority of Singapore’s (MAS) orders to shut down BSI Bank in Singapore.
Commenting on the tough decisions bank compliance officers face, Nizam said, “It takes a lot of courage for a compliance officer to say ‘no’ to a big transaction. It’s like standing in front of a moving truck and trying to stop it with your hands. And I think the point in the BSI case was that the truck just went over the compliance officer because it was a very big truck full of goodies.”
Nizam’s full comments can be found in the following news reports:
Money Mind – Channel NewsAsia, 4 June 2016
“Can Singapore stay clean when banks play dirty for wealthy clients?“ – Channel NewsAsia, 8 June 2016
Nizam Ismail is also a Co-Founder at RHT Compliance Solutions.
RHTLaw Taylor Wessing is pleased to announce the addition of Mr Erwan Barre and Mr Mark Jacobsen as Partners (Foreign Lawyers) in our Corporate Practice with effect from 2 June 2016.
Erwan Barre joined RHTLaw Taylor Wessing after practicing for sixteen years with Sullivan & Cromwell and Paul Hastings, two leading US law firms, in Paris and New York. Focused on corporate transactions, Erwan has extensive experience representing clients across many industries, with an emphasis in the Technology and Life Science industries.
He also has management experience, being a co-founder of Vaximax, a biotech company.
Erwan has been involved in many M&A, joint venture, capital markets and financing projects in Asia, Europe and the US, including several game changing transactions. Most of these deals were cross-border. His transactional expertise is based on leading over 60 deals, representing in the aggregate more than US$20 billion.
Erwan is admitted in France (1996) and New York (1998).
Mark Jacobsen advises financial institutions, technology companies, funds (both VC and PE), and other corporate clients on private and cross-border investments and other corporate/commercial matters. He has counselled on issues as diverse as structuring, investment channels, securities, marketing and distribution, operations, and best practices.
Prior to coming to Singapore, Mark was in association with three global top 25 law firms in Hong Kong, Shanghai, Beijing, San Francisco and New York, worked at the U.S. SEC in the Office of the Chief Counsel for the Division of Corporation Finance, clerked for the presiding judge (Sir Richard May) in the Slobodan Milosevic trial at the International Criminal Tribunal for the Former Yugoslavia, and also worked for the U.S. Department of Justice.
Mark is admitted in California (2006).
RHTLaw Taylor Wessing is pleased to announce the addition of Ms Kong Seh Ping as a Partner in our Intellectual Property & Technology Practice with effect from 23 May 2016.
Seh Ping specialises in corporate and commercial transactions across sectors and jurisdictions, with a particular focus on the technology and telecommunications sectors. She regularly advises start-ups on financing, investments, joint ventures, general employment law, and commercialisation of intellectual property rights in the Asia Pacific region (including licensing, franchising and technology transfer).
In addition, Seh Ping has extensive experience in cross border M&A transactions, FDIs and joint ventures in Singapore, Malaysia, Indonesia and the Philippines. She was ranked as a leading lawyer in the M&A category by the AsiaLaw Leading Lawyers 2013.
Some of her notable transactions include:
Advising Grey Orange Pte Ltd, a Singapore technology company which caters to warehousing and automation space in providing disruptive technology to make innovative products for efficient logistics and distribution, in connection with a Series A funding round from Tiger Global, Blume Ventures, Alok Rawat (President of FG Wilson FZE), Dileep Nath (co-founder Kanbay acquired by CapGemini) and other angel investors;
Advising MoneyMax Financial Services Ltd in respect of its first overseas investment to hold the majority stake, through a own wholly-owned subsidiary, in a network of Malaysian pawnshops; and
Advising Omya AG, one of the largest calcium carbonate producers in the world, in respect of its acquisition of chemicals distribution businesses in Indonesia and the Philippines respectively, and on mining related acquisitions and joint ventures in Bhutan, Malaysia and the Philippines respectively.