SINGAPORE, 15 May 2023―Selvam LLC achieved a significant outcome in the case of Goh Toh Heng, an elderly director charged with acquiring ill-gotten gains totaling over $405,000. Goh has been granted a discharge not amounting to an acquittal, while the possibility of future prosecution remains if new evidence emerges. Continue reading “Selvam LLC Secures Discharge Not Amounting to an Acquittal for Singaporean Director”
Lawyers Beat the Bankers in the 10th Annual Charity Cricket Match in Mumbai
SINGAPORE, 25 April 2023 ― The 10th annual bankers vs. lawyers charity cricket match was held in Mumbai last month, with the lawyers winning by 22 runs. The lawyers scored 160 runs all out in their 20 overs and the bankers scored 133-8 off their 20 overs.
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Overview of our Capital Markets Practice for the Year ended March 31, 2023
Our capital markets practice in Singapore has had another good year in the year ended March 31, 2023. Thanks to our clients for their trust in us. Our deal highlights and awards and recognitions for the year ended March 31, 2023 are below.
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Duane Morris & Selvam Advises on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue
SINGAPORE, 11 April 2023 — Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue, including an offer to qualified institutional buyers in the United States. Capri Global Capital Limited is a nonbanking financial company (NBFC) in India that primarily caters to MSMEs, self-employed nonprofessionals and first-time borrowers that lack access to formal credit channels.
Duane Morris & Selvam LLP Promotes Lucia Orozco to Special Counsel
SINGAPORE, April 5, 2023 – Duane Morris & Selvam LLP is pleased to announce the promotion of Lucia Orozco to Special Counsel.
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Selvam LLC Promotion Announcement
SINGAPORE, April 4, 2023 – Selvam LLC is pleased to announce the promotion of certain associates to senior positions within the firm’s Corporate and Dispute practice.
Seizing Golden Opportunities in Mexico Through Nearshoring
A famous Mexican president once said, “Poor Mexico, so far from God, so close to the U.S.” Little did he know at the time that such proximity would someday hold tremendous economic opportunity.
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抓住墨西哥近岸外包的黄金机会！
曾有一任墨西哥总统说过这样一句名言：“可怜的墨西哥，离上帝这么远，离美国这么近。” 当然，他当时并不知道，这种天然的比邻关系会有一天给墨西哥的经济带来机会。 Continue reading “抓住墨西哥近岸外包的黄金机会！”
Duane Morris & Selvam Advises on Two of the India Business Law Journal’s Deals of the Year 2022
SINGAPORE, 25 March 2023―Duane Morris & Selvam LLP advised on two of the India Business Law Journal’s Deals of the Year 2022: Life Insurance Corporation of India’s (LIC) initial public offering, which is the largest IPO ever in India, and DreamFolks Limited’s IPO. Continue reading “Duane Morris & Selvam Advises on Two of the India Business Law Journal’s Deals of the Year 2022”
解读新加坡更新版全球投资者计划（GIP）
新加坡的全球投资者计划（以下简称“GIP”）是由新加坡经济发展局（以下简称“EDB”）推出的一项永久居留权计划，旨在鼓励高净值个人和企业家在新加坡进行投资。该计划为有愿意投资大量资金的合格申请人提供了获得新加坡永久居留权的快速路径。
在EDB最近的一份公告中，该计划将在今年3月发生一些变化。此次调整是为了更好地筛选并吸引有能力为新加坡带来重大经济影响的投资者，同时使他们在新加坡扎根。希望高净值外国投资能更积极地参与到新加坡的经济活动中，共同推动当地的经济增长。