Mr. Floro is Of Counsel in the Business Department of the firm’s Singapore office. Mr. Floro also practiced in the Hong Kong office of the firm from 2000 to 2003. Transactions in which he has been involved include the following:

• Representation of Genentech, Inc., in its agreement to acquire an exclusive option to purchase a biopharmaceutical manufacturing facility, which Lonza Group Ltd is constructing in a bioscience zone in Singapore.
• Representation of the private equity arm of a major global investment bank in connection with its investment in a petrochemical plant in the Philippines.
• Representation of the private equity arm of a major global investment bank in connection with its investment in call center operations in the Philippines.
• Representation of a major Indian publishing house in connection with a listing of its retail business on AIM (London Stock Exchange).
• Representation of a major international transportation company in connection with a US$300 million cross-border acquisition. This exercise involved assembling a team of local counsel in Australia, Korea, Taiwan, Thailand, the Philippines, Hong Kong, Malaysia, and Singapore (together with our own lawyers covering the PRC) in order to conduct due diligence on the acquiree’s operations in each of these markets.
• Representation of the Asian Development Bank as an investor in connection with a US$300 million Asia-based private equity fund.
• Representation of a fund investment arm of a Singapore government-affiliated company in connection with its investment in a US$3.5 billion U.S.-based private equity fund.
• Representation of a Singapore government-owned funds company in connection with its investment in a US$200 million private equity fund focused on equity investments in China.
• Representation of a U.S.-based fund sponsor in connection with the formation of a US$200 million infrastructure private equity fund.
• Representation of U.S.-based Argosy Gaming Company (subsequently acquired by Penn National), in its bid to develop Singapore’s first integrated resort complex which includes a casino.
• Representation of Malaysia Venture Capital, a Malaysian venture capital company in connection with its acquisition of certain assets worldwide.
• Representation of KLM Capital Management, a U.S.-based venture capitalist group in its formation of off-shore investment funds and in its acquisition of preferred shares of largest VPN service provider in Greater China. Representation of Compass Venture Partners, a Shanghai based investment fund, in connection with the purchase of preference shares of the largest outdoor media company in China listed on the main board of the Stock Exchange of Hong Kong.
• Representation of Investment & Capital Corporation of the Philippines (ICCP), a leading, duly licensed, niche Philippine investment bank in connection with the following matters: (i) restructuring of off-shore investment fund entities by developing and implementing a new structure for off-shore investment fund entities; (ii) formation of an offshore private equity fund, including providing corporate advice in connection with the global restructuring of ICCP’s investment funds and management entities; (iii) investment in various portfolio companies located in the U.S. and Asia.
• Representation of ICCP Ventures, the global private direct investment arm of ICCP, as majority shareholder, together with other selling shareholders, in connection with the US$30.45 million acquisition of the selling shareholders’ 70% equity stake in Ambergris Solutions, Inc. Ambergris is a leading Philippines-based operator of call centers serving US-based clients in the utilities, IT, travel & hospitality, telecommunications and financial services industries.
• Representation of CESC formerly known as Calcutta Electricity Supply Corporation in connection with the restructuring of CESC’s US$70 million floating rate notes (FRN) listed on the Luxemburg Exchange and its negotiations with the trustee of the Trust Deed constituting the Notes (The Law Debenture Trust Corporation plc) and its paying agents (Deutsche Bank AG London and Deutsche Bank Luxembourg S.A). This deal was cited by Thomson Financial’s IFR Asia publication as one of the most notable and ground-breaking restructuring transactions in 2003 and JP Morgan was awarded the IFR Asia Debt Restructuring Advisor of the Year award due in part to the success of this transaction.
• Representation of U.S., Asia and Europe-based arrangers and lenders, led by ING Bank N.V., Commerz (Far East) Limited, and Bank of Tokyo-Mitsubishi UFJ Ltd. in connection with US$90 million, US$205, US$300 million, and US$500 million secured term loan facilities for Florens Container Inc., the world’s fifth largest container-leasing company and for Florens Maritime Limited. The facilities are guaranteed by Florens’ Hong Kong-listed parent COSCO Pacific Limited, a member of the China Ocean Shipping Group.
• Representation of a major international power investor in its bid to acquire the CBK pumped storage/hydroelectric power station in the Philippines.
• Representation of a consortium of offshore shareholders in PT Trans-Pacific Petrochemical Indomata (“TPPI”) comprising Itochu Corporation, Tuban Petrochemicals Pte. Ltd. (an affiliate of Thailand’s conglomerate Siam Cement PCL,) and Sojitz Corporation (formerly Nissho Iwai Corporation) in the restructuring of the US$2.3 billion Tuban Project located in East Java, Indonesia. The restructuring involved a complex US$400 million financing from a group of international banks led by Sumitomo Mitsui Banking Corporation.
• Representation of NetEase.com, Inc., a Nasdaq-listed leading Chinese Internet portal in connection with strategic investment transactions, U.S. securities law compliance and general corporate matters.
• Representation of Vsource (Asia), a Hong Kong based U.S. publicly traded company providing customized business process outsourcing services to Fortune 500 and Global 500 companies operating across Asia-Pacific, in connection with the private placement of preferred stock to certain investors and an exchange offering to certain holders of its preferred securities and warrants.
• Representation of Myrice.com, a Chinese language portal in its financing and general corporate activities and in its sale to an affiliate of Terra Lycos.
• Representation of Telectronics Pacing, a major U.S. pacemaker manufacturer with foreign operations, in connection with disposition to St. Jude Medical.
• Representation of GNB Technologies in connection with the divestiture of the worldwide automotive and industrial battery business.

Mr. Floro has represented U.S.-based and Asia-based public and private companies on a variety of transactions, including mergers and acquisitions, venture capital transactions and representation of venture funds, registered public securities offerings, private placements of debt and equity securities, and joint ventures. He has also worked on a broad range of corporate matters, including counseling clients on corporate governance issues, the formation of business entities, and negotiating and drafting various distribution, supply, and sales/manufacturer representative agreements.

Mr. Floro received his B.S. in Finance from the University of Illinois at Urbana-Champaign where he received University Honors and inclusion on the university’s Bronze Tablet. Mr. Floro earned his J.D. from Northwestern University School of Law and was a Notes and Comment Editor of the Northwestern Journal of International Law & Business. Mr. Floro is admitted to practice in the State of Illinois and in Hong Kong as a Solicitor of the High Court of the Hong Kong Special Administrative Region, and is registered as a foreign lawyer in Singapore.