TSMP Law Corporation

Singapore

IFLR1000 Reviews

Financial and corporate

Founded in 1998, TSMP Law Corporation has a diversified financial and corporate practice. The firm is led by Joint Managing Partners Thio Shen Yi and Stefanie Yuen Thio.

 

Focusses / specialisms 

The firm is strongest in M&A and is active in banking, capital markets, restructuring and project development.

In banking the firm specialiSes in acquisition and project financing in the real estate sector and has experience in advising both lenders and borrowers.

On the M&A side the firm is known for quality work in public company takeovers and REIT mergers and is active in sectors such as media, real estate, hospitality, and technology and telecommunication. The restructuring team is experienced in acting for creditors, debtors and insolvency professionals.

 

Key clients  

Key clients include UOB, DBS, Bank of America, OCBC, Credit Suisse, OUE, Datapulse and LOGOS Southeast Asia.

 

Research period review: 31st edition (2020/2021) 

The banking team was active for lenders and borrowers in matters such as trade financing, project financing, real estate financing and acquisition financing.

A high-value capital markets matter saw the firm act for the financial advisor on the recapitalisation of Sembcorp Marine through a rights issue.

The corporate team notably advised on a first of its kind merger between Singapore Life and Aviva Singapore.

The projects team was active on confidential matters in sectors including transport and oil and gas.

In the restructuring and insolvency space, the firm acted for creditors in the high profile insolvencies of Hin Leong Trading and Hyflux. A debtor side role saw the firm advise Agritrade International on its insolvency.

A staffing change saw the departure of corporate and capital markets partner Chee Chin Wi.

 

Deal highlights: 31st edition (2020/2021) 

Agritrade International insolvency

CapitaLand Mall Trust / CapitaLand Commercial Trust merger

Hin Leong Group Insolvency

Hyflux debt restructuring

Ontario Teachers’ Pension Plan $360 million acquisition of a stake in Princeton Digital Group

Sembcorp Industries / Sembcorp Marine demerger

Singapore Life / Aviva Singapore merger

ZenRock Commodities Insolvency

 

Client feedback: 31st edition (2020/2021) 

Bank lending : Lender side

"Responsive, professional."

 

Capital markets

"Responsiveness, access to regulators which provides appropriate guidance on securities regulations."

"They are very well versed in capital markets, know the regulators well, have strong commercial mindset and are able to propose a practical approach. "

 

Capital markets : Debt

"TSMP provided creative, can-do, solutions to regulatory issues we encountered during the structuring and sale of the bond. They provided timely support with prompt answers backed up by analysis."

 

M&A

"Responsive and does the necessary legwork before providing prompt advice."

"Trustworthy - TSMP has always given us very useful and solid advice, which has served us well over the years. Responsive - both during the acquisition as well as with other matters, TSMP has been very prompt in responding to our queries and requests. Engaged - TSMP understands our business needs and goals. Broad range of capabilities - TSMP has been able to support and fulfil all of our legal needs over the 18 years that we have worked with them. Good people - we have enjoyed working with the partners and associates at TSMP, they have been very professional as well as relatable."

 

Jennifer Chia

"Highly responsive, helpful, diligent and professional."

 

June Ho

"Responsiveness; understands and advances clients' objectives in negotiations on legal documents."

"June is creative and flexible in finding solutions to the issues that we encountered during the structuring and sale of our structured finance product. She provided timely advice on tight deadlines."

"June is very experienced and was extremely helpful in providing advice and helping with negotiations. She came up with creative solutions to problems we encountered and was always very responsive. Moreover, June is a good person to work with."

 

Rachel Tang

"Rachel provides prompt and clear responses to queries, produces very high quality material and is enjoyable to work with."

 

Stefanie Yuen Thio

"Access to regulators to guide the client towards a more optimal solution; responsiveness and innovative ideas in problem solving."

"She is clinical, practical, technically strong and has a strong commercial mindset. Calls are often short but effective, which is very much appreciated."