Michelle Wong

Partner, Corporate / M&A

Qualifications

  • LLB (Hons), University of London
  • Certificate in Legal Practice
  • Advocate & Solicitor, High Court of Malaya

Michelle has represented multinational corporations, companies which are listed on the stock exchange, statutory bodies and private equity funds in mergers and acquisitions (both cross-border and domestic), joint ventures, foreign investments, equity capital markets, securities offerings such as IPOs, and corporate restructurings. She has been involved in projects that cut across different industries such as aviation, manufacturing, healthcare, tourism, banking, insurance, trading, construction, utilities, port and highway concessions, and other regulated and licensed sectors. Michelle also handles commercial agreements such as those relating to distribution, management, supply and other types of services.

Michelle has acted on high-profile deals both local and cross border. They encompass a wide range of industries and not only was she the leader in the transactions, she was still very much involved in all aspects of the transactions and she saw through the entire length and breadth expected of M&As and restructurings.

M&As and Restructurings for 2020

  • United Technologies Corporation (UTC)
    Assisted United Technologies Corporation (UTC) in relation to its separation of these 3 lines of business: (1) the supply of systems to the aerospace and defense industry (Collins Aerospace and Pratt & Whitney); (2) the manufacture, service and sale of elevators, escalators and moving walkways (Otis); and (3) the provision of heating, ventilation, air conditioning, refrigeration and security technologies (Carrier). In connection with the separation, UTC was pursuing an internal reorganisation of certain of its subsidiaries and joint venture interests and Michelle’s involvement was in respect of the Malaysian subsidiaries and entities where UTC has, directly or indirectly, a stake. The internal reorganisation entails (among other things) share contributions, share distributions and sales of shares of subsidiaries among different UTC group entities to move them into the correct ownership chain prior to the separation. UTC is now known as Raytheon Technologies Corporation, after the successful completion of the all-stock merger of equals transaction between Raytheon Company and UTC on 3 April 2020. Headquartered in Waltham, Mass., Raytheon Technologies is one of the largest aerospace and defense companies in the world with approximately $74 billion in pro forma 2019 net sales and a global team of 195,000 employees, including 60,000 engineers and scientists.

  • Administration of Malaysian Airline System Berhad (MAS)
    Acted for the administrator of Malaysian Airline System Berhad (MAS), the former national carrier, and MASKargo Sdn Bhd (MASKargo). Michelle’s role was to assist the administrator in the achievement of the objectives of the administration, an unprecedented event, and this included an effective and efficient transition of the business, property, rights, liabilities and affairs from MAS and MASKargo to Malaysia Airlines Berhad (MAB), the new national carrier, and its subsidiaries. In doing so, Michelle was involved in, amongst others, advising the administrator on various aspects of the administration, assisting with the settlement of affairs between MAS and MASKargo and MAB (including the preparation of a settlement), advising on matters between MAS and its shareholder, and work relating to various commercial agreements in connection with aircraft, sale of aircraft, sale of spares, sale of tooling, airline operations and related services such as engineering agreements, maintenance agreements and licence agreements.

  • Moody’s Corporation’s acquisition of a minority stake in Malaysian Rating Corporation Berhad (MARC)
    Advised Moody’s Corporation in its acquisition of a minority stake in Malaysian Rating Corporation Berhad (MARC), a credit rating agency that is registered with the Securities Commission Malaysia serving the Malaysian domestic bond and sukuk markets. The investment strengthens Moody’s presence in Southeast Asia and across domestic bond markets globally, and advances its position as a leader in Islamic finance.

  • KUB Malaysia Berhad’s disposal of its stake in KUB-Berjaya Enviro Sdn Bhd
    Acted for KUB Malaysia Berhad on the disposal of its 40% stake in KUB-Berjaya Enviro Sdn Bhd (Target) to Berjaya Group Berhad, the majority shareholder. The Target operates and maintains a solid waste disposal facility at Bukit Tagar Sanitary Landfill on a 30-year concession granted by the Federal Government and expiring on 19 January 2044. The disposal was completed in June 2020.
  • Member, Malaysian Bar
  • Member, International Bar Association (IBA)
  • Co-authored the Companies Act and Budget article published by the International Financial Law Review (2008)