Sin Wei Ong

Practice Areas

Ong Sin Wei is the Co-Head of the WPGrow: Start-Up / Venture Capital Practice and a Partner in the Mergers & Acquisitions, FinTech and India Practices.

Sin Wei has extensive experience in corporate and corporate finance matters including cross-border mergers and acquisitions, joint ventures, corporate/investment funds restructuring and fund formation. In addition, he has particular experience in matters involving the venture capital/start-ups (including FinTech), asset management, investment funds and insurance sectors.

Publications

- WLG Venture Capital Guide – Singapore Chapter

- Getting The Deal Through - Private M&A, Singapore Chapter – 2019 - 2021 editions

- Singapore Institute of Directors – The Directors' Bulletin – Overview of Legal Considerations When Investing In Emerging Markets

- Singapore Institute of Directors – The Directors' Bulletin – Understanding Initial Coin Offerings

Work Highlights

Significant transactions that Sin Wei has been involved in include advising / acting for the following:

- Red Date Technology, in the establishment of the BSN Foundation in Singapore which is the platform for the international expansion of the blockchain infrastructure of China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology in China (including for China’s digital yuan).

- Coinhako, Singapore's largest provider of digital wallet solutions for holding cryptocurrencies and digital tokens, on its corporate restructuring and fundraising.

- Centrality, the blockchain-based marketplace platform, in its token generation event which raised US$100 million in CENNZ tokens in 6 minutes.

- Pacific International Lines, PSA International, YCH Holdings and Kerry Logistics in the formation of a Singapore consortium vehicle Connectivity Solutions Pte Ltd, for the purpose of a joint project between Singapore and China known as "Sino-Singapore Chongqing Connectivity Solutions".

- Teleperformance as Singapore counsel in the acquisition of Intelenet Global Services, from Blackstone for US$1 billion.

- Expedia Inc. in its US$350 million minority investment in Traveloka Holding Limited, a leading South East Asian online travel company.