Newsroom
Sale of majority stake in Techcom Technology to the Engtek Group - Rubicon Law acted as deal counsel for Techcom Technology Pte. Ltd.
Rubicon Law is pleased to announce that it had acted as deal counsel to the founders and shareholders of Techcom Technology Pte. Ltd (“Techcom”) in the sale of their majority stake in Techcom to the Engtek Group, a portfolio company controlled by Prime Movers Equity, through its wholly owned Malaysian subsidiary, TYK Capital Sdn Bhd.
(Dec 2024)
Managing Director, Lam Shiao Ning and Rubicon Law LLC recognised by asialaw, IFLR1000 and Asian Legal Business in M&A published rankings for 2024
(Sept 2024)
September marks the time of year where firms and lawyer rankings begin to feature in international and regional legal directories.
We are pleased to announce that our Managing Director, Lam Shiao Ning and Rubicon Law have been recognised and awarded individual and firm titles by three distinguished legal publications for Corporate and M&A rankings in 2024.
Rubicon Law as Deal Counsel for Next Billion Capital Partners for its investment in Qoala Technology Pte. Ltd.
(July 2024)
We wish to announce that Rubicon Law has advised Next Billion Capital Partners (“Next Billion”) on its investment in Qoala Technology Pte. Ltd. (“Qoala”) through Next Billion Digital Growth I (“Digital Growth Fund”).
Shiao Ning Lam ranked in the A-List 2024 of the Asia Law Business Journal 2024
(May 2024)
We are pleased to announce that our Managing Director, Lam Shiao Ning, has once again been recognised by Asia Business Law Journal in the Singapore A-List 2024 as one of Singapore’s top 100 lawyers.
Acquisition of Lifepal Technologies Pte. Ltd. by Ignite Thailand Holdings Ltd. ("Roojai Group") – Rubicon Law LLC acted as deal counsel for the Roojai Group
(Feb 2024)
Rubicon Law is pleased to announce that we had acted for the Roojai Group (Ignite Thailand Holdings Ltd) (“Roojai”) in its acquisition of Lifepal Technologies Pte. Ltd. (“Lifepal”) which completed in January 2024.
Rubicon Law acted for Eu Yan Sang in its substantial investment in Chien Chi Tow Healthcare Pte. Ltd.
(Dec 2023)
We are pleased to share that Rubicon Law had advised Eu Yan Sang International (EYSI) in its substantial investment in Chien Chi Tow Healthcare Pte. Ltd. (CCTH), a healthcare provider specializing in Traditional Chinese Medicine (TCM) with over 50 years of history in Singapore.
Shiao Ning Lam ranked in Chambers Asia Pacific 2024
(Dec 2023)
We are very happy to share that our Managing Director, Shiao Ning Lam, has earned two individual recognitions in the Chambers Asia-Pacific 2024 edition in the Asia-Pacific region covering Singapore.
Rubicon Law ranked in asialaw 2023
(Sept 2023)
Rubicon Law LLC has been ranked a Recognised firm for the 2nd year running in the competitive Corporate and M&A arena by the prestigious asialaw legal awards 2023/24 edition, which marks our 3rd consecutive year of recognition, and given our youth as a firm, we are especially proud of this accomplishment.
Our Managing Director Lam Shiao Ning similarly continues to be recognised as a Distinguished Practitioner in the Corporate and M&A field by asialaw.
Rubicon Law ranked in IFLR1000 2023
(Aug 2023)
IFLR1000 has once again ranked Rubicon Law LLC as a Notable firm for the 3rd consecutive year in the Corporate and M&A category, reflecting the recognition of our quality services.
Rubicon Law advised on DTCPAY’s US$16.5 million pre-series A fundraising round
(June 2023)
Rubicon Law is pleased to announce our role as legal adviser to DTCPay on its recent US$16.5 million pre-Series A financing round led by luxury real estate mogul.
Rubicon Law listed in Asian Legal Business Singapore Firms to Watch 2023
(Apr 2023)
We are delighted to announce that Rubicon Law LLC has been listed by Asian Legal Business Singapore as a firm to watch in 2023.
Shiao Ning Lam ranked in the A-List 2023 of the Asia Law Business Journal 2023
(Apr 2023)
We are delighted to announce that our Managing Director, Shiao Ning Lam, has been recognised in the A-List 2023 of Asia Business Law Journal as Singapore’s top 100 lawyers amongst other acclaimed practitioners from eminent law firms.
Shiao Ning Lam ranked in Chambers Asia Pacific 2023
(Dec 2022)
We are delighted to announce that our Managing Director, Shiao Ning Lam, has once again been recognized as a ranked practitioner amongst other acclaimed practitioners from eminent law firms in the category of Singapore Startups & Emerging Companies. The Chambers Asia-Pacific provides an independent guide and list of recommendations for law firms and lawyers across the legal markets in Asia-Pacific. The Singapore Startups & Emerging Companies category, in particular, considers work conducted for emerging companies, start-ups, VC funds and individual investors.
Shiao Ning is honored to be recognized in this category and sincerely appreciates all her clients for their continued support.
Rubicon Law acted as local counsel for Código 1530 in its acquisition by Pernod Ricard USA, LLC
(Oct 2022)
Rubicon Law is pleased to announce that we acted as the Singapore legal advisor to Código 1530 Tequila (“Código 1530”) in the acquisition of a majority stake in it by Pernod Ricard USA, LLC (“Pernod Ricard”) in the last quarter of 2022.
Acquisition of CMTi Pte. Ltd. by the Storskogen Group – Rubicon Law LLC acted as deal counsel for the shareholders of CMTi Pte. Ltd.
(Oct 2022)
We have had the pleasure of acting for the shareholders of CMTi Pte. Ltd. (“CMTi”) in the sale of their significant interest in CMTi to the Storskogen Group (“Storskogen”), which was completed on 3 October 2022.
Rubicon Law ranked in IFLR1000 and asialaw Profiles 2022
(Sept 2022)
We are delighted to share that our M&A practice has been ranked in the IFLR1000 2023 edition.
Rubicon Law also moved up in the rankings to be a "Recognised Firm" in the asialaw Profiles 2023 edition.
At the individual level, our Managing Director, Ms. Lam Shiao Ning, has been recognised in the IFLR1000 2023 edition as a "Highly Regarded Practitioner." This is in addition to her ranking by asialaw Profiles 2023 edition as a "Distinguished Practitioner."
We thank our clients and peers for their continued support and for being a part of the firm's journey since its establishment in April 2020.
We are honoured and encouraged by the recognition.
Acquisition of The Great Room Pte. Ltd. by the Industrious group – Rubicon Law LLC acted as deal counsel for key sellers and The Great Room Pte. Ltd.
(Jul 2022)
We are pleased to announce that we have acted for The Great Room Pte. Ltd. (“The Great Room”) and its key shareholders in the acquisition by the Industrious group (“Industrious”) of 100% of the shares in The Great Room. The acquisition was completed in May 2022 alongside Industrious’ acquisition of Welkin & Meraki, a Europe-based premium workplace brand, as part of Industrious’ bid to expand across Asia and Europe, at approximately USD$100M in aggregate for both transactions, paid in cash and stock.
The Great Room is a premium hospitality-based, co-working space operator which was established in 2016 and currently has 7 locations across Singapore, Hong Kong, and Bangkok.
Industrious, which is backed by CBRE Group Inc., is a co-working space operator founded in 2014 and headquartered in New York, with over 150 co-working locations in over 65 cities.
The acquisition will enable The Great Room to be better capitalised for growth within the flexible workspace segment in the APAC region.
For more information, please refer to:
· https://www.cbre.com/press-releases/cbre-group-inc-increases-investment-in-industrious
Rubicon Law acted as deal counsel to Tonik Financial Pte. Ltd. in its recent US$131 million Series B equity financing round
(Mar 2022)
Rubicon Law is pleased to announce that we have acted for Tonik Financial Pte. Ltd. (“Tonik”) in its US$131 million Series B equity financing round led by Mizuho Bank Ltd. which completed in February 2022. The other significant new investors in this round include Prosus Ventures (formerly Naspers Ventures), DST Partners, as well as a Singapore investment fund Sixteenth Street Capital and Indonesian family office Nuri Group. This round also saw strong repeat participation from previous venture capital investors Sequoia India, Point72 Ventures, Insignia, iGlobe, Alpha JWC, Citius, Blauwpark Partners, and Kraft.
Tonik became the first neobank in Southeast Asia after officially launching in the Philippines where it was granted the country’s first ever digital bank license by the Bangko Sentral ng Pilipinas (BSP). Tonik is one of the very few globally to be operating on the basis of its own bank license.
The equity injection from this Series B equity financing round cements Tonik’s operational capabilities to provide banking facilities and expand its product portfolio to a population of approximately 110 million in the Philippines, 70% of which remain unbanked.
The partnership with Mizuho will also provide Tonik with enhanced access to the international wholesale funding markets and world-class managerial talent whilst also serving as a reputable platform for Tonik’s future international expansion.
For more information, see:
· https://tonikbank.com/news/tonik-raises-us131m-series-b-led-mizuho-bank
· https://asia.nikkei.com/Business/Finance/Mizuho-to-invest-about-60.6m-in-Tonik-Financial
Rubicon Law ranked in IFLR1000 and asialaw Profiles 2022
(Oct 2021)
We are delighted to announce that our M&A practice has been ranked in the 2022 edition of the IFLR1000 and asialaw Profiles. Our Managing Director, Ms. Lam Shiao Ning, has also been recognised in the 2022 edition of asialaw Profiles. We are honoured and encouraged by the recognition given that we only started the firm in April 2020, and would like to thank our clients and peers for their continued support and trust.
IFLR1000 is an international legal directory dedicated to ranking law firms and lawyers on the basis of financial and corporate transactional work. The guide has been producing legal market intelligence since 1990 and publishes more than 750 practice area law firm rankings and more than 19,000 lawyer ratings across more than 235 jurisdictions worldwide.
asialaw Profiles is the only legal directory featuring comprehensive analysis on Asia's regional and domestic firms, and leading lawyers from the region.
Rubicon Law advised on the sale of Niometrics (Pte.) Ltd to Mobileum Inc.
(June 2021)
We are pleased to announce our role in the sale of Niometrics (Pte.) Ltd. (“Niometrics”) to Mobileum Inc., a portfolio company of Audax Private Equity. Our managing director, Lam Shiao Ning and associate, Bryan Kuah, advised Niometrics and the sellers in this transaction which completed on 28 June 2021.
Chambers Asia-Pacific 2021 recognises our Managing Director, Lam Shiao Ning
(Jan 2021)
Rubicon Law is proud to announce that our Managing Director, Shiao Ning Lam, is a ranked individual in Chambers Asia-Pacific 2021 under the new Singapore Startups & Emerging Companies coverage (see: https://lnkd.in/gDHBaBB). Chambers is one of the world’s leading independent research company operating across 200 jurisdictions, delivering detailed ranking and insight into the world’s leading lawyers.
Rubicon Law acting as Singapore counsel to Taliworks Corporation Berhad in its acquisition of four solar projects in Malaysia
(Dec 2020)
Rubicon Law is pleased to announce that we are acting as Singapore counsel to Taliworks Corporation Berhad ("TCB"), a company listed on the Main Market of Bursa Malaysia Securities Berhad in its proposed acquisition of the equity interests in three Malaysian-incorporated feed-in approval holders, which collectively own and operate four solar projects in Selangor, Malaysia. The acquisition will be made by TCB, through its wholly owned subsidiary Taliworks Renewables Sdn. Bhd., which had entered into two conditional SPAs for the acquisition with affiliates of Brookfield Asset Management Inc., an alternative asset management company focusing on real estate, renewable power, infrastructure and private equity, and a subsidiary of SEV Renewables Sdn Bhd, a company in the Malaysian renewable energy industry for a total transaction sum of RM180.4m. The completion of the acquisition is subject to regulatory approvals being obtained, and customary conditions precedent. This acquisition represents TCB's penetration and venture into the renewable energy market and will allow TCB to strategically position itself to participate in future schemes and projects relating to renewable energy, which will be a key focus area for Malaysia in the coming years.
For more information, see: https://www.klsescreener.com/v2/news/view/762541/taliworks-powers-up-defensive-earnings-profile
Rubicon Law was involved in the closing of the US$21 million Series A equity financing round for Tonik Financial Pte. Ltd.
(June 2020)
Rubicon Law is pleased to announce that we have acted for Tonik Financial Pte. Ltd. (“Tonik”), the first digital-only bank in Southeast Asia, in its US$21 million Series A equity financing round completed in June 2020, led by blue-chip venture capital investors, Sequoia Capital India and Point72 Ventures. Tonik will be launching its digital bank in the Philippines, where it has been granted a bank licence by the Philippines’ banking regulator, making it the first digital-only neobank in Southeast Asia and one of the very few globally to be operating on the basis of its own bank licence.
For more information, see: