23 October, 2018
Deal Summary
Wong & Partners, a member firm of Baker McKenzie International, advised Press Metal Aluminium Holdings Bhd, the largest integrated aluminium producer in Southeast Asia, in connection with its proposed AUD250 million acquisition of a 50% stake in Japan Alumina Associates (Australia) Pty Ltd ("JAA") from ITOCHU Corporation and ITOCHU Minerals & Energy of Australia Pty. Ltd., through its 80%-owned subsidiary Press Metal Bintulu Sdn. Bhd. JAA is principally an investment holding company which holds 10% interest in the Worsley Alumina Project, one of the world's largest and lowest-cost alumina producers.
Key dates
Signed on 17 October 2018
Value
AUD250 million
Lead partners
Mark Lim and Ee Von Teo
Supporting lawyers
Siew Yen Tai (Associate, Wong & Partners)
Supporting office & team
Adrian Chin (Principal, Baker McKenzie Australia); Richard Lustig (Principal, Baker McKenzie Australia); Leah Cutri (Senior Associate, Baker McKenzie Australia); Ellen Collins-Jennings (Associate, Baker McKenzie Australia); Melissa Healy (Local Principal, Baker McKenzie Wong & Leow).
Related links
Press Metal Aluminium’s announcement to Bursa Malaysia:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5945165
