Gary Beh

Acted for SeaTown, a leading Asia-focused alternative investment firm owned by Seviora (Temasek’s asset management group), on its investment into Indonesian e-commerce unicorn Tokopedia (now known as GoTo, following a merger with Gojek). 

Acted for Actis, a leading global investor in sustainable infrastructure, on the acquisition of a majority stake in Levanta Renewables, a Southeast Asia-focused renewables platform with 300MW of onshore wind power projects in advanced development in Vietnam. The acquisition marks Actis’ first energy infrastructure investment in Vietnam, which will enable Actis to build on Levanta’s pipeline in advanced development to scale the business into a 1.5GW renewable platform, delivering power to a range of offtakers, including commercial and industrial customers, across Southeast Asia.

Acted for Experian on its investment into Grab, a leading super-app for ride-hailing, food delivery and digital payments services with operations in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam. Grab is Southeast Asia’s first decacorn, and the biggest technology startup in the region. 

Acted for Affinity Equity Partners on its US$150m investment into PT Vidio Dot Com, one of Indonesia’s leading over-the-top (OTT) video streaming platforms. Vidio is part of the Emtek Group, and the transaction marks the first time that it has raised external capital. 

Acted for Astra on its joint venture with WeLab, a leading fintech company based in Hong Kong, on its joint venture with Astra to establish Astra Welab Digital Arta, a fintech company with a peer-to-peer lending license that uses big data and machine learning to provide credit scores and loan approvals. 

Acted for AXA and Affin Bank on the MYR 290bn sale of a majority stake in AXA Affin General Insurance Berhad and AXA Affin Life Insurance Berhad to Generali, as well as the long term insurance distribution agreements between the insurance companies and Affin Bank to be effected post-closing. 

Acted for ABC Impact, a member of Temasek Trust Asset Management, on its US$50m co-investment alongside HSBC Asset Management’s Energy Transition Infrastructure (ETI) Team into Tekoma Energy, an energy transition platform with existing operations in Japan and Taiwan. Headquartered in Japan, Tekoma Energy is an energy transition platform specialising in the development and operation of solar photovoltaics (PV) projects, with plans to expand into South Korea and battery energy storage systems and to build out a portfolio of more than 400 megawatts of solar PV projects.

Acted for Love, Bonito on its Series B and C investment rounds. Love, Bonito is a Singapore’s largest home-grown international fashion brand, with humble beginnings as an online blog shop on Livejournal that has now expanded into the largest, vertically integrated, omnichannel womenswear brand in the region today.

Acted for L Catterton on its investment into sociolla, Southeast Asia’s leading beauty and personal care omnichannel platform.

Acted for Standard Chartered Bank on the intra-group reorganisation of the corporate banking and private banking businesses of its Singapore branch to a locally incorporated subsidiary, as part of the bank’s plans to consolidate its business operations in Singapore.

Acted for Standard Chartered Bank on its joint venture with NTUC Enterprise, Singapore’s largest social enterprise group, to establish Trust Bank. Trust Bank is Standard Chartered Bank’s second fully digital bank in Asia, following the launch of Mox Bank in Hong Kong. 

Acted for Summa Equity on its acquisition of Sengenics, a company specialising in proteomics technology used by top pharmaceutical companies and leading research institutions.