Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Major deals 2014

  • Leader of the consulting team for the subscription and the provision of guarantee to a joint venture company among Sunny Force, an indirect wholly-owned subsidiary of Luen Thai Holding Limited, and Smart Shirts HongKong together with the Thien Nam Sunrise JV Shareholding Company (including Thien Nam Investment and Development Joint Stock Company, Sunrise (Shengzhou) Textiles Co., Ltd., Itochu Textile Prominent (Asia) Co., Ltd.) located in Bao Minh IP, Nam Dinh Province. The total subscription is about US$15million, while the guarantee amounts to US$50 million (equivalent to approximately HK$389 million).
  • Acting as the sole Vietnamese counsel for the Green Project of TVX Holdings Group and Etika Groups in Vietnam, legal services were rendered regarding the acquisition by a Japanese master purchaser of companies operating in Singapore, Malaysia, Indonesia and Vietnam. The deal is valued at approximately 231million USD and required consideration of the laws of various jurisdictions, including Japan (as master purchaser), Singapore, Malaysia, Indonesia and Vietnam.
  • Acting as the sole Vietnamese counsel for the Evergreen Project of Serrano Holdings Limited (a corporation provides interior fit-out solutions which involves the customizing, manufacturing, supplying and installing paneling products for property development and refurbishment projects in Singapore and Southeast Asia; It also manufactures and supplies a wide range of furnishings suitable for home, office and commercial use, including modular kitchen and office systems) during its Vietnamese entity divestment to facilitate an IPO submission at the Stock Exchange of Singapore. On 23 October 2014, Serrano Limited successfully closed its Application List under the stock code of “40R”.