World Bank Road Law Assistance for MPWT – Cambodia (2005-2006)

World Bank

Advising the Royal Government of Cambodia (the “RGC”) in a World Bank project to assist the RGC in the detailed drafting of the Road Law and various Sub-Decrees implementing the Road Law, notably the establishment of a Road Board and Road Fund.

Power Reform Assistance for MIME – Cambodia (2003)

World Bank (PPIAF)

Advising the Royal Government of Cambodia (the “RGC”) in a World Bank project to assist the RGC in defining and implementing power sector reform, notably the structuring and the detailed drafting of the Law Concessions and the Sub-Decree implementing the Law on Concessions.

World Bank (PPIAF)Private Public Infrastructure – Cambodia (2003 - 2004)

World Bank (PPIAF)

Advising the Royal Government of Cambodia (the “RGC”) in a World Bank project to assist the RGC in defining and implementing private participation in infrastructure project, notably the structuring and detailed drafting of the Sub-Decree on the Private Participation in the Electricity Sector and Procurement Guidelines for the electricity sector.

Rural Water Sector – Cambodia (2005)

Agence Française de Développement

Advising the Royal Government of Cambodia (the “RGC”) in an AFD project to assist the RGC in defining and implementing the water sector policy in rural areas, notably by analyzing the legal framework and proposing institutional structures to implement such policy.

GRET – Rural Irrigation Sector - Cambodia (2004)

Agence Française de Développement

Advising the GRET to assist in defining and implementing the legal framework in the rural irrigation sector, notably in the drafting of various implementing regulations for the water irrigation sector.

World Bank Project

Ministry of Commerce of Cambodia – Legislative Reform for WTO (2001).

As international legal adviser, advised the Ministry of Commerce on the required legislative reform in the light of accession of Cambodia to WTO membership. Notably, advised on the necessary legal reform in the financial sector.

Acquisition of Hotel Cambodiana

Royal Group of Companies

Advise client, negotiate, draft and act on completion of multi-million dollar acquisition of entity.

Purchase of Camintel

AZ Communications

Purchase of Camshin

Telecom Malaysia

Joint Venture for Integrated Community

Ciputra

Advised client and negotiated joint venture as local counsel in relation to the development of a multi-million dollar integrated community to be developed in Phnom Penh.

Joint Venture for Hotel Development in Siem Reap

Royal Group of Companies

Advised client and negotiated with respect to all project agreements for the development of a luxury hotel in Siem Reap. 

Joint Venture to establish international-standard bank

Royal Group

Advise client in relation to the US$18 million joint venture with ANZ Banking Group to form ANZ Royal Bank (Cambodia) PLC, Cambodia's only international-standard bank.

Banking Advice

ANZ Royal Bank

Adviser to ANZ Royal Bank on all legal matters.  Bank commenced trading in August 2005, with branches nationwide within 2 years.  First externally–linked multi-bank ATMs in Cambodia and first internet banking service provider.

Cement joint venture investment in Cambodia

Siam City Cement (controlled by Holcim). Value up to $40 million

Cement grinding and manufacturing facility in Sihanoukville Province, Cambodia.

Cement joint venture investment in Cambodia

Siam Cement's
Project value: US$100 million

Investment in limestone mining venture and cement manufacturing facility in Kampot Province, Cambodia.

200-250 MW hydro-project   US$200-250 million

China Exim Bank

Acting for the lenders in relation to a US$200-250 million Khamchay hydro project to be developed in Kampot province in Cambodia.

20 MW IPP Power Plant   US$30-35 million

Thai Lenders

Acting for the lenders in relation to a US$30-35 million IPP project to be developed in Kampot province for providing electricity to a cement factory.

200 MW hydro project   US$280 million

Asian Development Bank

Acting for the sponsors in relation to a US$280 million hydro project to be developed in North-East Cambodia.

Transmission Line  US$30 million

Asian Development Bank

Acting for the lenders in relation to a US$30 million transmission line project between Thailand and Cambodia.

30 MW IPP in Phnom Penh  US$20 million investment

ANCO Brothers

Acted for Anco Brothers in relation to two IPPs.

Railway Concession

Sponsor

Acting for the Sponsor in preparation of all project documentation.

Power Reform Assistance

World Bank and Ministry of Industry

Acting for the Royal Government of Cambodia in a World Bank project to assist the RGC in defining and implementing power sector reform, notably all aspects related to financing.

Cam-Tai Power Project  US$50 million investment

CTEP

Acting for a Taiwanese enterprise in relation to a US$60-70 million IPP in the region of Siem Reap.

Airport Financing
US$10-15 million loan

PROPARCO

Acting for a French bi-lateral financing agency, in relation to the financing of a BOT project in the airport sector.

Telecommunication Financing
US$10 million loan

PROPARCO

Acting for a French bi-lateral financing agency, in relation to the financing of a telecommunication project.

World Bank PPI Project

World Bank and Ministry of Commerce

Acting for the Royal Government of Cambodia in a World Bank project to assist RGC in defining and implementing private public infrastructure sector reform.

Water Sector Project

GRET/ AFD

Assisting a bi-lateral organization in developing a water sector project.

Transmission Line
US$20 million investment

PWC

Acting for international counsel to a Thai enterprise in relation to a US$20 million IPP between Thailand and Cambodia.

“Beacon Hill” Power Project
US$93 million investment

IFC

Acting for the IFC, Opic and the Korean Exim Bank in relation to a US$93 million IPP in Phnom Penh.

Two Phnom Penh IPPs
US$5 million to US$15 million investments

Caterpillar International

Acting for Caterpillar International in relation to two IPPs, valued at US$5 million to US$15 million each.

Two Provincial IPPs
US$5 million to US$15 million investments

Global Technologies Support

Acting for Malaysian company Global Technologies Support Sdn Bhd in relation to two IPPs, each valued at US$5 million to US$15 million.

IPP Operation and Management Contract

GE International

Acting for GE International in relation to the operation and management contract for an IPP.

Phnom Penh and Siem Reap International Airport
US$30 million Investment

SCA

Acting for a consortium of French, Malaysian and Cambodian investors in relation to the US$30 million BOT for the renovation of the international airport in Phnom Penh.

Air Traffic Control Systems

CATS

Acting for Thomson CSF in relation to the BOT for the supply and operation of the air traffic control system for Phnom Penh International Airport.

Colony Adviser and Fairmount

Financing and Re-financing of Raffles Hotel in Cambodia Colony Adviser and Fairmount.

Advised client and document secured financing of Raffles Hotels in Siem Reap and Phnom Penh. Draft all local legal agreements.

Financing of 60 MW IPP in Phnom Penh

IFC, Opic, Korean Exim Bank
Project Value: US$90 Million

Provide full scope of advice related to project as lead local project counsel, including Government payment guarantees, passage of law enforcing NY Convention, Implementation Agreement, Power Purchasing Agreement, Fuel Supply Agreement, Construction Agreement and related documents.

Financing Expansion of telecommunication

Credit Lyonnaise, Singapore Branch
Project value: US$20 Million

Provide of legal opinion on the legality and security of the loan facility under Cambodian law and practice. Provide legal documentation required for the implementation of the facility, including Share Pledge Agreement; and Conditional Assignment Share Agreements.

Debt Restructure of Cambodian Assets of Major Regional Conglomerate

Credit Lyonnaise and other Creditors
Project value: US$250 Million

Debt restructure involved transfer of shares in Cambodian companies to reduce the debt, as well as grant of security interests in various Cambodian assets. We draft all local law documents and advised on all aspects of the restructure in Cambodia.

Financing of Expansion of Soy Milk Factory

MPDF/Hagar Soya Ltd
Project value: US$1.3 Million

Restructure business, form new entity, draft shareholders agreement, advised on all aspects of equity and debt financing. Draft various security documents.

Super Luxury Boutique Hotel in Siem Reap, Cambodia

International Finance Corporation Project value: US$2 Million

Advised client and document secured financing of hotel project in Siem Reap. Restructure investment company. Draft all local legal agreements.

Financing of 4 Star Hotel Project in Siem Reap

DEG
Project value: US$10 Million.

Provision of legal opinion on the legality and security of the loan facility under Cambodian law and practice.
Provide legal documentation required for the implementation of the facility which included documents such as:
- Share Pledge Agreement;
- Conditional Assignment of Share Agreement; and
- Corporate and Personal Guarantee

Loan Facilities

First Commercial Bank (Phnom Penh Branch)
Project value: (US$100,000 to $15 Million each)

Provide secured loan documents in Khmer and English language. Assessment of the legality of the documentation provided by the borrower (individual person and/or corporate). Verification and registration of mortgages at the relevant Land Office.

Equity and Debt Financing of Transformation of Microfinance institution to Commercial Bank

IFC, DEG, TRIODOS, FMO and ACLEDA BANK
Project value: US$25 Million project

Lead Project Counsel for conversion of micro finance institution into a rural development bank. Advise on all aspects, including banking laws and regulation, Business purchase Agreement, shareholder and director liability asset transfer

Project Finance

Overseas Chinese Banking Corporation
Project value: US$3 Million

Provide legal opinion on offshore loan facility to borrower in Cambodia.

Air Traffic Control System - Project Finance

Import Export Bank of Thailand Project value: US$15 Million

Provision of legal opinion on all aspect of laws on the proposed offshore loan facility.
Provide legal documentation required for the implementation of the facility which included documents such as:
- Share Pledge Agreement; and
- Conditional Assignment of Share Agreement.