Rajah & Tann Singapore Contributes to Chambers and Partners Global Practice Guide: Corporate M&A 2024 – Singapore Chapter

Rajah & Tann Singapore contributed to the Trends & Developments section of the Singapore chapter of Global Practice Guide: Corporate M&A 2024 published by Chambers and Partners.

Global M&A activity in 2023 saw a 6% decrease in volume and a significant 25% decrease in value compared to the previous year. In the Asia-Pacific, deal values plummeted by 26% compared to 2022, while deal volumes experienced a marginal 1% decrease. Despite macroeconomic challenges, regulatory shifts, and geopolitical instability, business leaders remain optimistic, intensifying investments in research and development (R&D) and capital expenditures. In this chapter, Partners Sandy Foo (Head), Tracy Ang (Deputy Head), Terence Quek (Deputy Head), Favian Tan, Loh Chun Kiat and Goh Jun Yi from the Mergers & Acquisitions Practice delve into the following key trends and legal developments shaping the future of M&A transactions in Singapore:

  • Special purpose acquisition companies (SPAC) activity;
  • Antitrust and competition;
  • Shareholder activism;
  • S-REIT market;
  • Revised criteria for computing 90% threshold for compulsory acquisition under the Companies Act;
  • Significant Investments Review Act which came into effect on 28 March 2024;
  • Proposed enhancements to Singapore Exchange (SGX) Rules on corporate restructuring; and
  • ESG and sustainability.

The full Trends & Developments section of the Singapore chapter can be read here.

CONTACTS

Deputy Head, Corporate and Transactional Group
Head, Mergers & Acquisitions
+65 6232 0716
Brunei, Singapore,
Deputy Head, Mergers & Acquisitions
+65 6232 0483
Singapore,
Deputy Head, Mergers & Acquisitions
+65 6232 0277
Singapore,
Partner
+65 6232 0626
Singapore,
Partner
+65 6232 0728
Singapore,
Partner
+65 6232 0722
Singapore,

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