Rachel Eng

Rachel is a corporate lawyer with close to 30 years of experience, specialising in REITS and funds, corporate advisory, M&A, listing and corporate governance advisory work.  Her active involvement in government and industry committees and public and private sector boards provide her with holistic corporate exposure to act as excellent counsel to clients. 

The firm strongly believes in diversity of talent. It currently has over 35% female fee earners. Although the firm is relatively new, it adopts a flexible work culture across the entire firm, including staff. This greatly benefit fee earners who have young children, enabling them to work from home whenever required.  Further, the firm has a mentoring system where the younger fee earners are mentored by the more senior ones. The firm also celebrates the International Women’s Day to recognise the efforts and achievements of its women.

• Acting for Dasin Retail Trust Management Pte. Ltd., as trustee-manager of Dasin Retail Trust, in relation to (a) the acquisition of two retail properties located in the People’s Republic of China, namely Shunde Metro Mall and Tanbei Metro Mall, from Mr. Zhang Zhencheng, the Chairman and Non-Executive Director of its sponsor, Zhongshan Dasin Real Estate Co., Ltd. for approximately S$333.0 million; and (b) the proposed equity fund raising (comprising a private placement of new units in Dasin Retail Trust) to partially fund the cash portion of the acquisition. The acquisition is an interested party transaction under the listing rules of the Singapore Exchange.

• Acted for Sunway RE Capital Pte. Ltd. (a company within the Malaysian Sunway group with market capitalisation of RM7.7 billion) in its joint venture with Elite Partners Holdings Pte. Ltd. in relation to Elite Commercial REIT Management Pte Ltd, the REIT manager of Elite Commercial REIT. Elite Commercial REIT has been listed on the Singapore Exchange Securities Trading Limited since February 2020 and holds a portfolio of 97 commercial buildings in UK worth about £320 million. Besides a 15% stake in the REIT Manager, Sunway also owns 8.9% of the units in Elite Commercial REIT and is one of the sponsors to Elite Commercial REIT.

• Acted for JR Group Holdings Pte. Ltd. when it brought in a new minority investor, KOG Investments Pte Ltd, a wholly-owned subsidiary of Wilmar International Limited via a subscription of new ordinary shares for a total consideration of S$5,162,765. JR Group Holdings Pte. Ltd., through its subsidiaries, carries on the business of operating a central kitchen and the making, distribution, and selling of ready-to-eat meals in Singapore. Wilmar International Limited is listed on the Main Board of the Singapore Exchange Securities Trading Limited and is a leading global agribusiness group.

• Advocate and Solicitor of Singapore

• Law Society of Singapore
• International Bar Association

• National University of Singapore, Bachelor of Laws (LL.B.) Honours (1991)