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3 weeks ago | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
The proceeds of this offering will be used to repay the Greenko’s existing USD750 million notes due in April 2025 and the remaining funds will be invested in the development of the Pinnapuram pumped-storage project in Andhra Pradesh, India. The Appleby Mauritius team comprised of Group Managing Partner Malcolm Moller and Associate Vaishali Damonaiko.
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2 months ago | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
As a result of this financing, the Trident Group will thereby acquire the 31.5% shareholding which Chevron Overseas (Congo) Limited holds in the Moho-Bilondo, Nkossa, Nsoko II fields as well as a 15.75% operated interest in the Lianzi field in the Democratic Republic of Congo.
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2 months ago | 
mondaq.com | Fiona Chan |Angelina Wong
The Bermuda Corporate Income Tax Act 2023 (Act)came into force on 1 January 2025. The Act introduces a corporateincome tax (CIT) of 15%, aligning Bermuda withinternational tax standards, particularly the Organisation forEconomic Co-operation and Development's Global Anti-BaseErosion Model Rules. While targeting multinational enterprises(MNEs) with substantial revenues, the legislationalso seeks to balance Bermuda's economic appeal with compliancerequirements.
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2 months ago | 
lexology.com | Fiona Chan |Angelina Wong
Entities incorporated or registered in the British Virgin Islands (BVI), Cayman Islands and Bermuda are frequently utilised in Asia. There have been a number of legislative and regulatory changes coming into force in these jurisdictions at the start of 2025, of which many clients and legal practitioners should be aware and reflect in their strategic, compliance, and financial considerations going forward.
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2 months ago | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
This financing follows our EAlert of 22 January 2024 which disclosed the USD294 million financing as part of the EAAIF’s ambition to raise USD500 million by 2025, to further develop infrastructure in Africa and EAAIF’s now larger vision to capture the Asian continent and thereby invest above USD1 billion in African and Asian economies.
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Jan 14, 2025 | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
Working alongside the founders and UK advisers, Appleby provided Cayman and BVI legal advice on the structuring and governance, virtual assets regulation, in-game tokens, consumer-facing terms, game publishing and more for the launch of the blockchain-based game.
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Oct 31, 2024 | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
GDS Holdings Limited (GDSH) (NASDAQ: GDS; HKEX: 9698), a leading provider of high-performance data centers across China and Southeast Asia, has announced that its international affiliate, DigitalLand Holdings Limited (GDS International or GDSI), the holding entity for GDSH’s data center assets and operations outside mainland China has entered into definitive agreements for certain institutional private equity investors to subscribe to US$1.0 billion in newly issued Series B convertible...
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Sep 17, 2024 | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
The Appleby team, which spanned across the Finance and Regulatory practices, was led by Partner Caroline Barton and comprised of Counsel Alex Simpson, Senior Associate Ann-Alecia Duval and regulatory expert Counsel, Miriam Smyth. White & Case LLP provided US counsel to JetBlue while Milbank advised Goldman Sachs and Barclays (structuring agents and joint lead bookrunners) as to US law matters.
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Sep 5, 2024 | 
applebyglobal.com | Malcolm Moller |Karishma Beegoo |Fiona Chan |Angelina Wong
Under the terms of the Stream Transaction, Allied has a received a USD53 million upfront cash payment and will receive ongoing payments equal to 10% of the spot gold price for a portion of its production. Triple Flag will have the right to purchase 3% of the payable gold related to production at each of the Agbaou and Bonikro mines, subject to a step-down to 2% after set delivery thresholds.
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Aug 20, 2024 | 
applebyglobal.com | David Bulley |Lorinda Peasland |Angelina Wong |Denise Tse
PropertyGuru has entered into an agreement and plan of merger with affiliates of BPEA Private Equity Fund VIII Limited, part of EQT AB, a purpose-driven global investment organization, pursuant to which it will be acquired in an all-cash transaction that values PropertyGuru at an equity value of approximately USD1.1 billion.
