Singapore

Product of a 2011 joint venture between a US and a domestic firm, Duane Morris & Selvam’s Singapore office plays a key role as a hub for the international firm’s regional work.  

The firm’s strongest practice is capital markets, which has a regional focus and often acts on matters in India, Indonesia, Vietnam and Myanmar. Key sectors of activity include technology and telecommunications, oil and gas, energy, utilities, consumer goods, media and entertainment, and pharmaceuticals. The firm’s structure as a joint venture allows it to advise on both local and foreign law matters.   

Highlights  

The firm advised Sembcorp Utilities on the US$250 million project financing for its gas-fired power plant in Myingyan, Myanmar. This landmark project is the country's first internationally competitively tendered power project and its largest gas-fired power station to date. The transaction was highly complex as it represented the first true project-financed BOT (build-operate-transfer) power project in Myanmar.  

The firm also represented Ecuadorian business Santa Priscila, one of the world's largest shrimp farming companies, in its landmark corporate restructuring and the US$360 million sale of a 20% stake to the Japanese corporate group Mitsui & Co. This transaction stands as one of the largest M&A deals in Ecuador's history, demonstrating the firm’s capability in executing high-value, cross-border investments in complex jurisdictions.  

Key clients  

State Bank of India, Union Bank of India, Shwe Minn Gan Finance Company, ICBC, CNTIC, ICICI Securities, Quickroutes International, Santa Priscila, PT XL Axiata, Euronet, Incomlend, and Ambercycle.