The Corporate team led by Mark Wong, Jacinda Wong, Teck Jin Lim, and Bjorn Tan is pleased to see our clients through the successful close of the transaction for the sale of Equiptest Engineering Pte Ltd (EQT) to Cohu, Inc (NASDAQ: COHU). The team advised the founders in the sale of their 100% shareholding interest in EQT to...
PK Wong & Nair acts for the liquidator of CV Shipping, a 50/50 joint venture company between Petrochina International (Singapore) Pte Ltd and PDV Marina SA (“PDVM”). PDVM, a company incorporated in Venezuela is a wholly owned subsidiary of Petroleos de Venezuela (“PDVSA”), which is in turn a Venezuela state-owned entity. The case raised important...
PK Wong & Nair LLC is delighted to have been involved in advising on the successful divestment of Team Metal (S) Pte Ltd (“Team-Metal”). The PK Wong & Nair LLC team, led by Co-Managing Director Mark Wong with support from Associate Director Jacinda Wong, Senior Associate Lim Teck Jin and Associate Cheryl Theng, advised and...
PK Wong & Nair LLC advised the vendors of A-star Testing & Inspection, a leading global ultrasonic measurement (UTM) and non-destructive testing (NDT) business headquartered in Singapore in the sale to Phenna Group (UK). The PK Wong & Nair team was led by co-managing director Mark Wong and Associate Director Jacinda Wong, with support from...
Singapore Democratic Party v Attorney General [2021] SGCA 96 Between June and December 2019, the Singapore Democratic Party (“SDP”) published (on their website and by way of hyperlinks to Facebook posts), an article on their population policy (the “SDP Article”). The SDP Article said, among other things, as follows: “The SDP’s proposal comes amidst a...
It is well known that third-party funding is permissible for arbitration proceedings under section 5B of the Civil Law Act (Cap. 43). It is also well known that rescue financing can be granted super priority under section 67 of the Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”). What happens however when the third-party arbitration funding...
The Ministry of Manpower has just released an Advisory on Covid-19 Vaccination in Employment Settings. Employers in the private sector have been looking forward to these guidelines since Covid vaccinations for the general population became available earlier this year, so as to come up with their own policies on employee vaccinations. The Advisory is an...
In June 2020, the High Court of Singapore (now the General Division of the High Court) dismissed a lawsuit commenced by CIMB Bank Berhad (“CIMB”) against World Fuel Services (Singapore) Pte Ltd (“WFS”) (See CIMB Bank Berhad v World Fuel Services (Singapore) Pte Ltd [2020] SGHC 117. CIMB appealed. On 5 March 2021, the Court...
Link here: Global Arbitration Review: PK Wong & Nair wins first round for luxury Thai hotel owner in a dispute against their insurer.
