WongPartnership LLP

I OVERVIEW i Deal activity Despite a 5 per cent dip in deal count in 2019, M&A activity in Singapore continued to thrive with a total deal value for the year of US$35.3 billion, according to a report released by deal intelligence service Mergermarket.2 This marked a 125.6 per cent increase in deal value from 2018.3 Corporate finance adviser Duff & Phelps notes that outbound deals continued to lead the overall charge, with 291 outbound deals contributing to approximately two-thirds of...

I INTRODUCTION The promulgation of Rule 41(5) in the ICSID Rules of Procedure for Arbitration Proceedings (the ICSID Arbitration Rules) on 10 April 2006 was a bold and innovative step in international arbitration,2 and remained a unique feature of the ICSID Arbitration Rules for the first 10 years of its promulgation.3 Rule 41(5) reads: Unless the parties have agreed to another expedited procedure for making preliminary objections, a party may, no later than 30 days after the constitution of...

On 24 June 2020, the Ministry of Commerce and the National Development and Reform Commission of the People’s Republic of China, with approval from the State Council, published the Negative List for Foreign Direct Investment Industry (2020 version) (“2020 Negative List”). The 2020 Negative List will repeal the Negative List for Foreign Direct Investment Industry (2019 version) promulgated on 30 June 2019 (“2019 Negative List”) and will come into force on 23 July 2020.