Valerie Ong

Valerie Ong


Dentons Rodyk & Davidson LLP

Recognized since 2021

Singapore, Singapore

Practice Areas

Corporate Law

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Valerie Ong is a senior partner in Dentons Rodyk’s Corporate practice. Valerie's portfolio covers M&A and Capital Markets and has extensive transactional and cross-border experience.

Valerie has represented funds and property developers in some of the city’s largest corporate real estate acquisitions, including 71 Robinson Road (S$655 million); Manulife Building (S$555.5 million); Westgate (S$789.6 million for 70% stake); Jurong Point (S$2.2 billion); Funan (S$170.3 million); Bedok Mall (S$783.1 million), 78 Shenton Way (sale of 50% share interest to an Alpha Investment Partners fund, property valued at S$608 million, and in 2016, sale of remaining 50% share interest for S$301.5 million), The Lumos (S$185.6 million); iLiv@Grange (S$95 million); nex shopping mall (purchase of 50% share interest from a Pramerica fund for over S$800 million); Twenty Anson (S$430 million, in 2012); Crowne Plaza Changi Airport (S$299.5 million in 2011, which won the HICAP award in Hong Kong), and DBS Building Towers 1 and 2 (S$870.5 million, in 2010). In 2013, she also acted for CapitaLand in its S$91.8 million acquisition of the Big Orange self-storage business from Invista Real Estate International Holdings (Cayman) Limited. She acted for Real Estate Capital Asia Partners, a fund in the series managed by SC Capital Partners, in a corporate real estate transaction for a bulk sale of 18 units (part of a stack of 20 units) in Paterson Suites to global investment and advisory firm, Blackstone; as well as for the vendor in the bulk sale of apartments at 111 Emerald Hill, a 40 unit freehold project developed by a fund managed by LaSalle Investment Management.

Her cross-border work includes advising CapitaLand Limited on its investment in the consortium (which includes a Temasek unit), which is undertaking a landmark mixed development in Chongqing, China. The RMB 21.1 billion (S$4.1 billion) project at the prime 987,943 square foot site in Chao Tian Men is reported to be CapitaLand's largest development in China to date. She also acted for CapitaLand in the joint venture which submitted the top bid of S$969 million in the URA tender of the white site at Boon Lay Way, Singapore.

She has acted in more than 20 listings (including S-chips). Notably, she acted for Yangzijiang Shipbuilding (Holdings) Ltd in its global offering and listing on the Singapore Exchange (SGX) which raised almost S$1 billion and remains Singapore's largest S-chip IPO to date. Her other listings include International Housewares Retail Company Limited (HKSE stock code 1373), Global Palm Resources Holdings Ltd (SGX), Vision Fame International Holding Limited (HKSE), China Kangda Food Co Ltd (HKSE) and Asia Distribution Solutions Limited (AIM). She has advised in various capacities, including as solicitors to the invitation and as legal advisers to the issue managers, placement agents and underwriters, on the following SGX listings: ? Pacific Radiance Ltd ? Global Palm Resources Holdings Limited China ? Kangda Food Company Limited ? Yangzijiang Shipbuilding (Holdings) Ltd ? China Farm Equipment Limited ? OuHua Energy Holdings Ltd? Plastoform Holdings Limited ? Hoe Leong Corporation Ltd ? System Access Limited ? Gates Electronics Limited ?SNF Corporation Ltd ? Elite KSB Holdings Limited ? Creative Master Bermuda Limited ? Heeton Holdings Limited ? Juken Technology Limited ? Norelco Centreline Limited ? Futuristic Image Builder Ltd ? MAE Engineering Ltd ? CWT Distribution Limited ? Fu Yu Corporation Ltd ? Heshe Holdings Limited.

In debt capital markets work, she has acted for TEE Land Limited in the establishment of its S$250 million multicurrency medium term note programme with United Overseas Bank Limited and DMG & Partners Securities Pte Ltd were joint lead arrangers and dealers. Prior to this she served as issuer counsel for Tee International Limited in the establishment of a S$350 million multicurrency medium term note programme where United Overseas Bank Limited was appointed the lead arranger and dealer, as well as in the establishment of three other programmes in 2013, namely, Eu Yan Sang International Ltd’s S$300 million multicurrency medium term note programme; Heeton Holdings Limited’s S$300 million multicurrency debt issuance programme and KSH Holdings Limited’s S$300 million multicurrency medium term note programme. She also represented these issuers in the note issues under their programmes; namely, in Koh Brothers Group Limited’s S$70,000,000 5.10% notes due 2022 under its S$250 million MTN Programme; Eu Yan Sang International Ltd’s issue of S$75 million 4.10% notes due 2018; issue by Heeton Holdings Ltd of S$75 million 5.6% fixed rate notes due 2015 and its S$60 million 5.9% fixed rate Series 002 Notes due 2017, KSH Holdings Ltd’s S$75 million 5.25% fixed rate notes issue due 2016 and in TEE Land Limited’s inaugural issue of S$30 million 6.50 per cent notes due 2017 under its S$250 million multicurrency medium term note programme. She represented Overseas Union Enterprise Limited in the S$300 million secured fixed rate listed bond issue. She served as bank counsel in the S$113 million sale of their security interests in Sincere Watch Limited; and counsel to trustee and administrator in the US$346 million Vesta Investment Corporation Limited FRN issue (in the securitization of the Metropolitan and Scotts High Park condominium).

She advises banks, capital market services firms and financial advisers as part of her regulatory and compliance work. In 2009, she was part of the team acting for 11 banks and stock broker distributors of the Lehman Brothers Minibonds notes in their dealings with the Monetary Authority of Singapore and the notes trustee.

Valerie serves on the ASEAN Committee of Singapore International Chamber of Commerce, the Government Parliamentary Committee (GPC) for Finance, Trade and Industry Resource Panel and serves as independent director on an SGX-listed company.

Contact & Links
Location
  • 80 Raffles Place
    #33-00 UOB Plaza One
    Singapore 048624
    Singapore

Recognized in The Best Lawyers in Singapore 2025 for work in:
  • Corporate Law

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