Jean Foo

Director
LAWYER'S PROFILE

CONTACT DETAILS

D+65 3109 1858
M+65 9843 4365
T+65 3109 1860
Ejean@nairco.com.sg


Jean Foo graduated from the University of Warwick in the United Kingdom with a Bachelor of Laws with 2nd Upper Class Honours and Master of Laws in U.S. Securities Regulations from the University of California, Los Angeles (UCLA). She also has a post-graduate diploma in Singapore Law from the National University of Singapore (NUS).

Jean previously worked in the Financial Services Department with Allen & Gledhill LLP, where she was involved in the initial public offering (IPO) of Real Estate Investment Trusts (REITs) and business trusts, as well as secondary offerings on the mainboard of Singapore Exchange Securities Trading Limited (SGX-ST). Jean was a Special Associate in the Capital Markets Group (Singapore office) in Wall Street law firm Shearman & Sterling LLP, where she was involved in exempt offerings in equity, high yield and investment grade debt securities, as well as debt restructuring and liability management, like exchange offers and consent solicitations.

The transactions she was involved include, among others, the IPOs of Hutchison Port Holdings Trust, Perennial Real Estate Holdings Limited, Pavilion REIT (Malaysia), Dynasty REIT, Soilbuild Business Space REIT, OUE Hospitality Trust, OUE Commercial REIT, Bangkok Airways (Thailand) and BHG Retail REIT. She was also involved in, among others, the bonds issued by PT Tower Bersama Infrastructure Tbk, the bonds issued by Global Logistic Properties Limited under its EMTN programme, the cash tender offer and bonds issued by PT Sri Rejeki Isman Tbk (Sritex) and its wholly-owned subsidiary Golden Legacy Pte. Ltd., and the consent solicitation and exchange offer guaranteed by PT Lippo Karawaci Tbk.

Jean was also involved in the acquisition of properties locally and overseas, among others, by ARA Asset Management Limited, Ascendas India Trust, Ascott Residence Trust, Capitaland, First REIT, Frasers Centrepoint Trust, Lippo Malls Indonesia Retail Trust and Parkway Healthcare Singapore.

Jean’s main area of practice are in capital markets, corporate finance, mergers and acquisitions and providing advisory to listed and private companies. Additionally, Jean has experience in advising Fintech companies, joint ventures, franchises, sale and purchase of businesses, business restructuring and refinancing, and general corporate and compliance advisory work. Jean was seconded to Citibank Singapore Limited for nine months between 2012 to 2013 where she worked on a wide array of significant banking transactions.

As an affiliate member of the Society of Trust and Estate Practitioners (STEP), Jean also provides effective solutions to clients who wish to preserve and enhance their wealth and manage it over several generations.

Jean’s experience, besides having been a capital markets lawyer in a prestigious Wall Street law firm, includes being a founding partner and director in a few food and beverage companies in Singapore, Taiwan and Philippines.

Jean also sits on the Board of Trustees for Friends of University of Warwick Foundation, which offers Singaporeans fully-paid bond-free scholarships to pursue any undergraduate degree of their interest at the University of Warwick in the UK.



SIGNIFICANT MATTERS

  1. Acted for the sponsor and trustee-manager of Hutchison Port Holdings Trust (“HPH Trust”) for its IPO on the SGX-ST to raise gross proceeds of approximately US$5.4 billion and was the largest initial public offering in Southeast Asia at the time of listing. HPH Trust was listed on the SGX-ST on 18 March 2011, and is the first publicly traded container port business trust. HPH Trust’s portfolio comprised controlling interests in deep-water container port assets. The assets also comprised port ancillary services and river ports complementary to the deep-water container ports operated by HPH Trust.
  2. Acted for the sponsor and manager of Pavilion REIT, with an initial portfolio valued at over RM$3.5 billion, for its IPO on the Bursa Malaysia Berhad on 7 December 2011 to raise gross proceeds of approximately RM$710 million.
  3. Acted for the sponsor and manager of OUE Commercial REIT, with an initial portfolio valued at over S$1.6 billion, for its IPO on the SGX-ST on 24 January 2014 to raise gross proceeds of approximately S$346 million.
  4. Acted for the manager of First REIT in relation to, among others, (i) the acquisitions of Mochtar Riady Comprehensive Cancer Centre and Siloam Hospitals Lippo Cikarang in Indonesia for S$210.5 million, and (ii) the acquisitions of Siloam Hospitals Manado & Hotel Aryaduta Manado and Siloam Hospitals Makassar in Indonesia for S$165.0 million.
  5. Acted for the manager of Lippo Malls Indonesia Retail Trust in relation to, among others, (i) the acquisitions from the sponsor, being interested person transactions, and (ii) of Pluit Village and Plaza Medan Fair in Indonesia for an aggregate acquisition cost of S$385.4 million.
  6. Acted for the manager of Frasers Centrepoint Trust in relation to, among others, the acquisition of Bedok Mall for S$127 million.
  7. Acted for PT Sri Rejeki Isman Tbk (Sritex) and its wholly-owned subsidiary Golden Legacy Pte. Ltd. in connection with (i) a cash tender offer by Golden Legacy Pte. Ltd. for any and all of its outstanding 9.00% Senior Notes due 2019, and (ii) the offering of US$350 million 8.25% Senior Notes due 2021 by Golden Legacy Pte. Ltd. guaranteed by Sritex.
  8. Acted for Global Logistic Properties Limited in the issuance of US$1 billion in aggregate principal amount of 3.875% Notes due 2025 under its US$2 billion EMTN programme.