Saifuddin Fakhruddin
Senior Associate

Duane Morris & Selvam LLP
16 Collyer Quay #17-00
Singapore 049318

Phone: +65 6311 0053
Fax: +65 6311 0058
Email: sfakhruddin@selvam.com.sg

Import to Address Book

Saifuddin Fakhruddin

Close
 

Saifuddin Fakhruddin is an associate of Duane Morris & Selvam LLP, an international joint law venture firm of Duane Morris LLP and Singapore-based Selvam LLC. Mr. Fakhruddin was admitted to the Singapore bar in 2009. Mr. Fakhruddin is a broad-based commercial and corporate finance lawyer. His practice areas are primarily in capital markets, mergers and acquisitions, islamic finance, funds and regulatory advisory, corporate and banking services. Mr. Fakhruddin has advised banks, MNCs and other listed and private companies located around the globe on a wide range of M&A, capital markets, finance and private equity matters. He takes pride in delivering clear, concise and commercially practical advice to his clients.

Mr. Fakhruddin is able to converse fluently in English, Chinese, Hindi and Guajarati and has a working knowledge of Malay.

Representative Matters

    Capital Markets

  • Advised Sin Heng Heavy Machinery Limited on its successful S$43.7 million Initial Public Offering and listing on the Main Board of the Singapore Exchange Securities Trading Limited in February 2010 which involved an offering of 168 million shares at $0.26 per share
  • Advised Global Premium Hotels Limited on its successful listing on the Main Board of the Singapore Exchange Securities Trading Limited on 26 April 2012 which involved an offering of 450 million new shares at $0.26 per share and raised approximately S$112.1 million of net proceeds
  • Advised Main Board listed UMS Holdings Limited on its proposed dual listing on the KOSDAQ market of the Korean Exchange via Korean Depositary Receipts
  • Advised Main Board listed Health Management International Ltd regarding its renounceable underwritten-rights issue of 96 million new ordinary shares in the capital of the company
  • Mergers and Acquisitions

  • Advised a major listed Thai energy company on multiple transactions involving acquisition of palm oil plantations in Indonesia
  • Advised SGX Main Board listed Otto Marine Limited on its partial acquisition of a Singapore headquartered ship building and ship chartering company
  • Advised a local fund manager on private equity investments in leading technology and multimedia portfolio companies
  • Advised SGX Main Board listed Otto Marine Limited on its partial acquisition of a Singapore headquartered ship building and ship chartering company
  • Advised a Danish company on the sale of its Singapore subsidiary to a UK based purchaser
  • Advised a Danish individual on the transfer of shares in a Danish company to a Singapore holding company and the preparation of security documents to be entered into in connection with the transaction
  • Advised a Singapore incorporated helideck manufacturer on its S$85 million disposal of assets to a Norwegian company and subsequent joint venture
  • Advised and prepared Shareholders Agreements and Subscription Agreements for various other Singapore listed companies as well as private entities and individuals
  • Funds and Regulatory Advisory

  • Advised Religare Capital Markets Limited on Singapore regulatory and licensing matters in relation to the acquisition of Central Joint Enterprises Limited, a Hong Kong-headquartered Asia equities trading franchise with offices in Hong Kong, Singapore and Melbourne
  • Advised an India based corporate finance advisory firm on its successful exempt corporate finance advisor filing with the Monetary Authority of Singapore
  • Advised Singapore domiciled funds and offshore funds on tax exemption schemes offered by the Monetary Authority of Singapore
  • Advised several foreign collective investment schemes on their regulatory filings with the Monetary Authority of Singapore and on the regulatory requirements for the exempted offering of units in the scheme to investors in Singapore
  • Advised several Singapore fund management companies on the preparation of a regulatory compliance manual
  • Advised a boutique renewable and clean technology investment banking consulting firm on regulatory compliance matters
  • Advised a major American investment bank on the renewal of its Capital Markets Services Licence
  • Advised a Hong Kong based financial planner on its financial advisers licence application with the Monetary Authority of Singapore
  • Advised several fund managers and corporate finance advisors on regulatory filings with the Monetary Authority of Singapore and on the applicable regulatory requirements for carrying out regulated activities in Singapore
  • Advised an Australian real estate developer on the establishment of a real estate fund in Singapore to invest in a pre-identified real estate project development in Australia
  • Corporate and Banking

  • Advised a Security Agent bank in connection with preparation of security documents and financial assistance whitewash documents to secure a senior debt financing provided in connection with an acquisition loan taken up by the purchaser
  • Advised Ascott Serviced Residence (China) Fund on the renewal of a US$135 million Revolving Credit Facility granted by United Overseas Bank Limited
  • Advised Sin Heng Heavy Machinery Limited on the discharge of security interests granted to DBS Bank Ltd. in connection with its Initial Public Offering and listing on the Main Board of the Singapore Exchange Securities Trading Limited
  • Advised various Singapore listed companies on preparation of circulars to obtain shareholders' approval as required under the Listing Manual for corporate actions such as bonus issue of shares and interested person transactions
  • Advised various MNCs on employment contracts for senior executives and junior employees and general employment law matters
  • Islamic Finance

  • Advised on the establishment of a musharakah partnership structure based in Singapore to invest in real estate assets located in Malaysia

Admissions

  • Singapore

Education

  • National University of Singapore, LL.B. (Hons)

Professional Activities

  • Law Society of Singapore
  • Singapore Academy of Law

Civic and Charitable Activities

  • Nee Soon East Constituency meet-the-people session conducted by Mr Patrick Tay, Member of Parliament
  • The Law Society of Singapore pro bono legal clinic
  • Fundraising and distribution of rations to support needy residents of the Sunlove Marsiling Neighbourhood Estate

Speaking Engagements

  • Lectured on Regulatory Regime for Fund Managers and REIT Managers for the Asia Pacific Real Estate Education Association Real Estate Investment Finance Course held on 30 October 2012
  • Conducted an in-house seminar on proposed revisions to regulatory regime for fund management companies in Singapore, November 2011

Duane Morris LLP is a law firm based in the United States founded in 1904. We use "Duane Morris" to refer to Duane Morris LLP, a Delaware limited liability partnership, and affiliated entities that practice under the name Duane Morris or a similar name. Reference to a "partner" means a person who is a partner, or person with the equivalent standing and qualifications thereto, in the Duane Morris entities.

In Singapore, Duane Morris Singapore LLP and Selvam LLC operate a Joint Law Venture serving clients throughout Asia, Duane Morris & Selvam LLP, pursuant to Licence 2/2010 granted by the Attorney General of Singapore. Selvam LLC lawyers may provide services to clients of Duane Morris & Selvam under secondment from Selvam LLC pursuant to Licence 2/2010.