Yiheng Luo

Yiheng’s representative experience includes advising:

Private Equity

• Affinity Equity Partners on acquiring 90% of issued share capital of PT Yupi Indo Jelly Gum, the largest manufacturer of gummy candy in Southeast Asia
• TPG on:
  • Acquiring a majority stake in Altimetrik, a provider of digital engineering solutions, and the bolt-on acquisition of SLK Software, a global technology service provider
  • Acquiring Ramsay Sime Darby Health Care, a Malaysia-based healthcare joint venture, through its subsidiary Columbia Asia Healthcare
• Warburg Pincus on its bond investment in No Va Land Investment Group, one of the largest and leading property development companies in Vietnam, and certain restructuring involving an exchange of bonds for assets of No Va Land Investment Group
• A leading private equity fund on transferring various seed assets in Asia to a continuation fund vehicle 
• Quadria Capital, an Asia healthcare-focused private equity firm, on acquiring a majority stake in Straits Orthopaedics, a Malaysia-based manufacturer of orthopedic-focused medical device solutions
• Digital Bridge on:
  • Acquiring a controlling interest in Centratama Telekomunikasi, a listed Indonesian telco tower company, from Northstar Group and other shareholders*
  • Acquiring about 4,200 telecommunication towers in Indonesia, from PT Indosat Tbk (Indosat Ooredoo) for approximately US$750 million*

M&A Transactions

• BW Industrial Development Joint Stock Company, a leading logistics and industrial real estate platform in Vietnam, on:
  • Its equity fundraising round that was led by ESR and other investors
  • Various joint ventures with ESR and other investors (including sovereign wealth funds) to develop logistics assets in Vietnam 
• Tokyo Century Corporation, a leading Japanese nonbanking financial services company, on a joint venture with SGX Mainboard-listed OUE Limited to jointly acquire the Crowne Plaza Changi Airport, for an acquisition price of S$500 million 
• Tokyo Century Corporation and Salter Brothers, a leading Australian alternative investment fund manager, on the joint venture between Tokyo Century Corporation (with Salter Brothers acting as TC’s investment manager) and SGX Mainboard-listed OUE Limited to develop Hotel Indigo Changi Airport, a new hotel at Singapore Changi Airport’s Terminal 2
• TE Asia Healthcare, a TPG portfolio company that operates specialty hospitals and clinics across Southeast Asia, on the sale of various specialty clinics to Templewater, a Hong Kong-based private equity firm
• PTTEP, Thailand’s national oil and gas company, on acquiring a 25.5% equity stake in the Seagreen offshore wind farm from TotalEnergies, for a consideration of £522 million (US$689 million)
• Global Power Synergy Public Company Limited on acquiring a 25% interest in the 595MW Changfang and Xidao offshore wind projects in Taiwan from Copenhagen Infrastructure Partners for approximately US$500 million*

Venture Capital

• Vertex Growth on the:
  • Series B investment in Ace Turtle Global Pte Ltd, a SaaS platform provider for ecommerce and retail
  • Series A1 investment in Taurus One Private Limited, an e-commerce logistics solutions company
  • Series B+ and C investment in Validus, an online aggregator platform that connects borrowers and lenders and provides financing to SME
• Temasek on various investments in Gojek and Tokopedia*
• Chan Zuckerberg Initiative on its Series D investment in Eruditus, a Mumbai-based online education enabler*

*Matter handled prior to joining Latham