Joel Shen

Partner, Withers KhattarWong* | Singapore

Withers KhattarWong LLP is a Singapore law practice, affiliated with Withers LLP.

Joel is a partner in the corporate team and co-leads the Withers Tech Asia team.

Joel advises corporate and venture capital clients in cross-border investments, acquisitions, and joint ventures.

Joel has particular experience in the Indonesian market where his clients include major technology companies, financial institutions, retailers, payment companies, and venture capital fund managers.

He heads Withers Tech, which comprises a team of highly experienced lawyers with expertise in investment funds, tax structuring, investments in tech companies, mergers and acquisitions of technology businesses and assets, and commercialisation of digital assets.

Joel is recommended by Chambers for his M&A work in Singapore, and is consistently listed by Chambers since its inaugural Fintech Guide as one of the Notable Fintech Practitioners in Indonesia. Joel is also ranked as an up and coming lawyer for ‘Startups & Emerging Companies’ in the Chambers Asia Pacific Guide 2022.

Joel was one of only four lawyers from Indonesia to have been included in Asian Legal Business’ 40 Under 40 listing for 2019, and was also recognised as a Rising Star, and the only non-Indonesian practitioner, in Asian Legal Business’ inaugural and second listings of Rising Stars in Indonesia.

Outside of legal practice, Joel is the vice chairman of the Singapore Chamber of Commerce in Indonesia, a faculty member of the Singapore Institute of Legal Education and tutor for the Advanced Corporate module of the Singapore bar course, as well as a non-faculty lecturer at the Law and Business Faculties of the University of Indonesia, and Universitas Pelita Harapan.

Secretary Shopana Selvakumaran

Track record

Admissions

Publications

Memberships

Talks

Advised a syndicate of venture capital investors on BukuWarung’s USD 60 million Series A financing. BukuWarung is a technology startup serving Indonesia’s MSMEs. Its services include digital payments, inventory management, bulk transactions and a Shopify-like E-commerce platform called Tokoko.

Advised Kejora Capital on: (i) Indonesian logistics business SiCepat Ekspres Indonesia’s blockbuster USD 170 million Series B fundraising; and (ii) an associated secondary purchase of shares in SiCepat Ekspres from existing shareholders. This is the largest Series B fundraising in Southeast Asia and is one of the largest series fundraisings in Indonesia to have taken place during the review period (after Gojek and Tokopedia).

Advised a Southeast Asian neobank Honest on its USD 40 million Series A fundraising led by Insignia Ventures. The proceeds of investment were used to acquire GE Finance Indonesia from Bank Permata. This deal is significant because it is the largest Series A investment in Southeast Asia by marquee investors.

Advocate and Solicitor (Singapore), 2006

Solicitor (England and Wales), 2008

Registered Foreign Lawyer (Indonesia), 2015

"The cutting edge with Joel Shen (Withersworldwide)", published in the July 2022 issue of Vista

“How S-E Asia’s thriving tech ecosystem has led the regional VC/PE expansion”, published in the October 2021 issue of The Business Times

Vice Chairman, Singapore Chamber of Commerce in Indonesia

Member, Law Society of Singapore

Member, Singapore Academy of Law

Faculty Member, Singapore Institute of Legal Education

Joel is a faculty member of the Singapore Institute of Legal Education and tutor for the Advanced Corporate module of the Singapore bar course, as well as a non-faculty lecturer at the Law and Business Faculties of the University of Indonesia, and Universitas Pelita Harapan.

Joel is also a regular speaker on legal and business matters, and has spoken at conferences organised by Asia Legal Business, the Singapore Chamber of Commerce Indonesia, the Singapore Embassy in Jakarta, the Singapore Academy of Law, Endeavor Indonesia, TechinAsia, Wild Digital.

Education


Languages


  • English

Dates


Joined

2020

Singapore

80 Raffles Place,

#25-01 UOB Plaza 1,

048624

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