Experience
Parikhit is a seasoned legal professional with over 15 years of expertise. Qualified to practice law in the England & Wales*, Singapore**, and India, Parikhit specialises in providing strategic counsel on complex cross-border mergers and acquisitions, capital markets, banking and finance, and regulatory compliance across the Asian region. With a clientele primarily consisting of multinational corporations, including both private and listed entities, as well as investment funds, Parikhit brings extensive experience in advising companies on listing, fundraising, and delisting in the Singapore market.
*Solicitor in England and Wales.
**Registered as foreign lawyer qualified to practise permitted areas of Singapore law including mergers and acquisitions, banking and finance and general corporate law.
Career
Parikhit commenced legal practice in 2004 and has worked at various well-established law firms including leading international firms. Prior to Icon Law, Parikhit was a partner in the Corporate and Commercial team at Stephenson Harwood's local alliance firm, Virtus Law, as well as a partner in the Corporate & Capital Markets team at RHTLawAsia.
Parikhit earned an LLM in Corporate & Financial Services Law from the National University of Singapore in 2007. He holds an LLB First Class from ILS Law College, India.
Qualifications
2021– Qualified as a Solicitor in England and Wales
2007– Registered as a Foreign Lawyer in Singapore under Section 36B of the Legal Profession Act
2007– Masters of Laws (Corporate and Financial Services Law), National Universityof Singapore
2004- Bachelor of Laws (First Class), ILS Law College, Pune, India
Notable Experience
•Advised Heineken on its S$5.6 billion acquisition of Asia Pacific Breweries (“APB”),which included a mandatory general offer by Heineken to acquire all the issuedordinary shares of APB. Following the acquisition, APB was delisted from theMainboard of the Singapore Exchange Securities Trading Limited (“SGX-ST”).
•Acted as Singapore counsel for Web Holding Limited on its voluntary unconditional general offer to acquire all the shares of BW Epic Kosan Ltd. (“BWEK”), a Singapore company listed on the Euronext Growth Oslo. The offer values BWEK at approximately NOK 3.8 billion (approximately S$483 million). Advised on the applicability of the Singapore Code on Take-overs and Mergers to a first-of-its-kind delisting of a Singapore company from a foreign exchange in compliance with the Code,and submitted a novel application to the Securities Industry Council in relation to the transaction.
•Advised Q & M Dental Group (Singapore) Limited on the proposed spin-off listing of its dentistry and dental specialist services and dental equipment and supplies distribution businesses in the Northern PRC Region, held through Q & M Dental Holdings (China) Pte. Ltd. (now known as Aoxin Q & M Dental Group Limited) onthe Catalist Board of the SGX-ST, which raised S$9.1 million.
•Advised UOB Kay Hian Private Limited, as the underwriter, on Raffles Education Limited’s concurrent placement and rights issue of listed convertible bonds for an aggregate total sum of approximately S$44 million.
•Advised Q & M Dental Group Limited on (i) its S$18 million acquisition of TP Dental group; and (ii) its acquisition of 51% stake in Acumen Diagnostics Pte.Ltd, a company involved in the manufacture, sale and distribution of diagnostic test kits for viruses such as COVID-19, in Singapore and overseas.
•Advised mm2 Asia Ltd on its proposed placement and upsize option of ordinary shares in the company for an aggregate consideration of approximately S$40 million.