See how Latham & Watkins worked on Asian Pay Television Trust’s S$1.4b IPO

It's the 2nd largest IPO this year.

Latham & Watkins Advises on Asian Pay Television Trust’s S$1.4 Billion Initial Public Offering

Asian Pay Television Trust is a newly constituted business trust formed to acquire its seed asset, the TBC Group, which is Taiwan's third largest cable TV operator. The sponsor of APTT is Macquarie Capital Group Limited.

Latham & Watkins represented Macquarie Capital Securities, JP Morgan, CIMB Securities and DBS Bank, as underwriters, in connection with the S$1.4 billion IPO by APTT. The IPO, which was listed on the Singapore Exchange, is Singapore’s second largest IPO this year.

The Latham team was led by Singapore partner Min Yee Ng and supported by Singapore associates Kee-Min Ngiam and Jing Ting Soh. Tax advice for the transaction was provided by Los Angeles associate Jason Choi.