Wong Tan & Molly Lim (WT&ML) offers legal services to clients with international business interests and is focused on capital markets, M&A, banking and finance, and general commercial and corporate law. The firm entered into a formal alliance with Watson Farley & Williams in 2017, lending it a unique strength in contentious and advisory work related to the maritime and international trade sectors.
The banking group covers all areas of banking and finance, including secured and syndicated loan transactions and guarantees, structured finance and project finance. The firm has acted for many international banks in drafting and advising on standard form documentation for general banking transactions. The disputes team has seen a rise in cases involving cryptocurrencies and NFTs.
The firm's strengths lie in its experienced team, which consists of key individuals like joint managing partner Ong Beng Hong, who specializes in banking and finance, securities, and corporate advisory work. He is highly regarded for his insight into complex financial transactions. Joint managing director Tan Swee Gek brings extensive knowledge in M&As, capital markets, and corporate finance, while director Lee Yuan focuses on corporate and commercial law, enhancing the firm’s capabilities in handling sophisticated corporate transactions. Joint managing director Philip Ling helms the dispute resolution practice.
The firm is particularly known for its prowess in facilitating high-value mergers and acquisitions. Recent highlights include advising Green Esteel on its acquisition of HG Metal Manufacturing, a significant transaction in the steel industry valued at S$73.08 million. The firm is also recognized for its work in banking and finance, having acted as counsel in various high-profile credit agreements. For instance, the team recently represented Ecom Agroindustrial Asia in a substantial US$770 million credit agreement, demonstrating its capability to handle large-scale financing arrangements. WT&ML continues to grow and adapt to the evolving legal landscape. It recently expanded its practice areas to include more specialized sectors, positioning themselves to serve clients better in emerging industries.
Client feedback
"They are well-versed with listing requirements and provide sound professional advice." – Corporate and M&A
Beng Hong Ong
"Very professional and competent."
Work highlights
Represented a domestic company on its voluntary cash offer to acquire all the issued shares in a Singapore-listed waste management company by way of a scheme of arrangement.
Assisted a Singapore-based investment holding company on its mandatory conditional cash offer to acquire all the issued shares in a Singapore-listed steel company.
Work highlights
Advised a domestic corporate finance firm as the sponsor, issue manager, underwriter and placement agent on the $25 million listing of Food Innovators Holdings. This was one of only four listings on the Singapore Exchange in 2024.
Represented a client in a rights issue worth S$19.5 million, enhancing the client's working capital and strategic positioning in the market.
Work highlights
Acted for a Taiwan-based conglomerate on a series of $700 million loan facilities for the acquisition of vessels.
Advised a consortium of multinational lenders and mandated lead arrangers on a $305.6 million term loan facility for the acquisition of container vessels, including the registration of mortgages.
Assisted the Hong Kong subsidiary of a leading Asian export-import bank on a $200 million term loan facility granted to a Singapore gas group for the refinancing of five LPG carriers.
