Jon Nair

Director, Corporate & Finance

Qualifications

  • LL.B. (Hons), National University of Singapore (2004)
  • Admitted to the Singapore Bar in 2005

Jon's practice covers a broad spectrum of corporate transactions including mergers and acquisitions, private equity and venture capital investments, joint ventures, and restructuring.

Before joining Drew & Napier in 2015, Jon worked in leading Singapore and international law firms where he advised on a wide range of notable domestic and cross-border transactions in sectors such as technology, financial institutions, transport, energy, and infrastructure. Jon has also advised on commercial contracts and financing matters when on secondment at a major Singapore-listed real estate and hospitality company. Jon regularly assists clients on their general corporate matters such as compliance with the SGX listing rules and on employment matters.

As part of his practice, Jon works closely with investors, multinational corporations and family groups on their regional transactions in South-east Asia.

  • Advised Singapore-listed Innovalues Limited in the S$331 million acquisition by the Northstar Group, by way of a scheme of arrangement: Singapore Venture Capital & Private Equity Association PE Deal of the Year 2017
  • Advised OCBC Bank and other sellers in the divestment of equity interests in Singapore-listed United Engineers Limited (“UEL”) and WBL Corporation Limited (“WBL”) to a consortium led by various listed real estate groups, which valued UEL and WBL collectively at S$1.83 billion
  • Advised the founding Ng family in their joint  offeror arrangements with Standard Chartered Private Equity, and the S$414 million pre-conditional voluntary general offer for and privatisation of Singapore-listed Tat Hong Holdings Ltd
  • Advised Sealed Air Corporation as Singapore counsel in the US$3.2 billion carve-out sale of its Diversey Care division and the food hygiene and cleaning business within its Food Care division to Bain Capital Private Equity
  • Advised FWD Group in the acquisition of a 50% stake in a corporate vehicle owning a Grade A office building located in the prime Central Business District in Singapore. The acquisition was carried out in partnership with CapitaLand Commercial Trust, and valued the building at S$1.18 billion
  • Advised PT Mega Manunggal Property Tbk in the partnership with GIC to develop a portfolio of quality logistics warehouses in Indonesia, with a focus in the Greater Jakarta and Greater Surabaya regions
  • Advised Markham Agro Pte Ltd in the sale of all the issued shares in Papua New Guinea-incorporated Markham Farming Company Limited to Bursa-listed Sime Darby Plantation Berhad (through its wholly-owned subsidiary, New Britain Palm Oil Limited), at an enterprise value of approximately US$64.3 million
  • Advised a Tokyo-listed company, as lead transaction counsel, in the internal reorganisation of its Asian automotive climate control compressor business which was held through its wholly-owned Singapore subsidiary (“SingCo”). The reorganisation involved a business transfer of SingCo’s after-market sales business and transfers of shares in Singapore, Malaysia, Indonesia, the Philippines, and India
  • Advised a major investor, as Singapore counsel, in the initial acquisition (by way of primary and secondary purchases) of Series I preference shares in Flipkart amounting to an approximately 20% stake in Flipkart, and the subsequent disposal of the investment in connection with the acquisition by Walmart Inc (through its subsidiary, Walmart International Holdings Inc) of an approximately 77% stake in Flipkart, which valued Flipkart at US$20.8 billion: The Asian Lawyer: Asia Legal Awards 2019 – TMT Deal of the Year; Indian Business Law Journal: Deal of the Year 2018 – Top 50 landmark deals involving Indian parties
  • Advised Singapore and Jakarta-listed PT Berlian Laju Tanker Tbk in the US$2 billion restructuring of its debt and equity, which was implemented on a consensual basis with a consortium led by KKR and York Capital: International Financial Law Review Asia Awards Restructuring Deal of the Year 2016a

The Legal 500 Asia Pacific

Corporate and M&A 2020 - Recommended lawyer

 

IFLR1000: The Guide to the World’s Leading Financial Law Firms

Corporate/M&A 2020

  • “Good at giving practical solutions in a timely manner.”
  • “He was very detailed, quick to respond and overall did a fantastic job.”

 

Asialaw Leading Lawyers

  • “Astute awareness of commercial realities. Great value for money.”

 

Singapore Business Review

Singapore’s 20 most influential lawyers aged 40 and under in 2019 – Listed lawyer

  • Member, Law Society of Singapore
  • Member, Singapore Academy of Law