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Richard Young

  Telephone
+65 6890 7635

Facsimile
+65 6302 3052

E-mail:
richard.young@allenandgledhill.com

 

 

Richard Young is a Partner in Corporate Mergers & Acquisitions. His practice area encompasses mergers and acquisitions (both by way of acquisition of shares and businesses), domestic and regional joint ventures, schemes of arrangements, reconstruction and amalgamation, capital reductions and corporate reorganisations. He also advises on general corporate law, and has experience with commercial contracts including franchising, distribution, agency and consultancy agreements.

Transactions of significance which Richard has been involved in include:

 

corporate restructuring of Global Logistics Properties and its listing on the Singapore Stock Exchange;

various joint ventures between GIC Real Estate Pte Ltd and ProLogis in establishing ProLogis property funds in amounts exceeding US$1 billion in aggregate, and the subsequent disposal by ProLogis of its interest in these funds to GIC for a purchase consideration of US$1.3 billion;

the S$9.4 billion corporate restructuring exercise involving the transfer of both listed and unlisted companies and assets held by Singapore Technologies Pte Ltd to Temasek Holdings (Pte) Ltd;

the merger of Singapore Press Holdings Limited’s and MediaCorp Pte Ltd’s free-to-air television broadcasting and free newspaper businesses;

various property-related share acquisitions, including the acquisition of Clementi Mall, Katong Mall, Chinatown Point and Seoul Square;

the corporate restructuring involving the merger between Cordlife Ltd and Cytomatrix Inc and listing of the merged entity on the Australian Stock Exchange;

establishing the Marriott Vacation Club, Asia Pacific, a points-based holiday membership club for Marriott International, Inc;

the amalgamation and merger of the insurance businesses of various insurers such as HSBC Insurance, Manulife, Royal Sun & Alliance, Tokio Marine Insurance, Prudential Assurance and Mitsui Sumitomo Insurance pursuant to schemes of transfer; and

capital reduction and restructuring exercises undertaken by listed companies such as Singapore International Airlines Limited, Neptune Orient Lines Limited, Singapore Press Holdings Limited, Singapore Telecommunications Ltd, Oversea-Chinese Banking Corporation Limited, Starhub Ltd, Fraser and Neave Limited, STATS ChipPAC Ltd, Tuan Sing Holdings Limited and Freight Links Express Holdings Limited.

 

Richard graduated from the National University of Singapore with an LLB (Hons) degree and was called to the Singapore Bar in 1995 when he joined Allen & Gledhill. In 1999, he undertook a secondment as Regional Legal Counsel initially for the CNBC Asia and National Geographic cable channels in Singapore, and later to General Electric International Inc, in Hong Kong. He became a Partner in Corporate & Commercial in 2000. Between July 2000 and July 2001, he had a stint in the London office of Linklaters where he assisted and advised on various cross-border transactions. He currently serves as a member of the Law Society’s Corporate Practice Committee.

 

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