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Clifford Chance

Clifford Chance

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Clifford Chance advises on Asian agri-food company Japfa's S$198 million Singapore IPO

18 August 2014

Clifford Chance advises on Asian agri-food company Japfa's S$198 million Singapore IPO

Leading international law firm Clifford Chance has advised the joint global coordinators, Credit Suisse (Singapore) Limited and DBS Bank Ltd., and Rabobank International as co-lead manager on the S$198 million (US$159 million) Singapore IPO of Japfa Ltd., an Asian agri-food company focusing on the production of staple protein foods.

Capital markets partner Johannes Juette said, "We were very pleased to assist on this successful IPO, in particular in difficult market conditions. While markets still remain cautious, it seems clear that there is demand for strong and growing South East Asian companies."

Johannes and partner Raymond Tong co-led on the deal. They were supported by senior associates Shashwat Tewary and Ryan Lin and associate Eugenia Tan. The team advised on both international and Singapore-law aspects of the transaction.

Japfa is a market leader in several classes of protein foods, with an emphasis on milk, poultry and beef and with growing businesses in swine and aquaculture. It has operations in China, Indonesia, Vietnam, India and Myanmar.