Overview

Allan Ma is a senior associate in the Hong Kong office of Mayer Brown's Banking & Finance practice.

He specialises in PRC cross-border transactions with a broad practice in PRC corporate, real estate, private equity, mergers and acquisitions, foreign direct investment, debt-finance, RMB denominated fund formation, QFII schemes and RMB Interbank Bond Trading.

Allan is especially experienced in the cross-border structuring of mergers and acquisitions, as well as debt financing and equity investment transactions across a broad range of industries including real estate, media, technology, renewable energy, biotechnology and publishing. He has extensive knowledge of PRC foreign-exchange restrictions and exceptions, as well as related taxation issues.

In addition, Allan practices in the area of real estate with a particular focus on cross-border real estate acquisitions, financings, fund formation and the structuring of real estate projects in the PRC. Allan has extensive experience in complex real estate finance transactions advising clients in the origination and creation of senior and subordinated debt instruments in large scale commercial real estate acquisitions and financings. Allan has advised banks, financial institutions and investors on numerous real estate financings of properties in the US, PRC and Australia.

His broad client base includes international banks, financial institutions, venture capital funds, private equity funds, multinational conglomerates, as well as publicly listed PRC corporations.

Before joining Mayer Brown, Allan has worked in the New York and Beijing offices of a top tier Wall Street law firm, as well as the Sydney and Hong Kong offices of top tier international law firms, with experience in private legal practice for more than 10 years.

Spoken Languages

  • English
  • Cantonese
  • Mandarin

Experience

Real Estate Finance

  • Represented the syndication banks in the origination of acquisition financing worth HK$6.6 billion of a grade A office building in North Point, Hong Kong, which acquisition also involved a complex partial vendor financing arrangement.
  • Represented the lead arranging institutional banks in the origination of offshore and onshore refinancing worth US$605 million with respect to the shopping mall known as “Hongkou Plaza” located in Hongkou District, Shanghai, PRC.
  • Represented the lead arranging institutional banks in the origination of refinance, revolving and renovation loans worth US$780 million with respect to the landmark “Intercontinental Hotel Hong Kong” located in Salisbury Road, Tsim Sha Tsui, Hong Kong.
  • Represented the lead arranging institutional banks in the origination of offshore and onshore refinancing worth US$202 million with respect to the blue chip commercial office property known as the “Shanghai BEA Finance Tower” located in Pudong District, Shanghai, PRC.
  • Represented the lead arranging institutional banks in the origination of refinancing worth RMB1 billion with respect to the shopping mall known as “Rock Square” located in Haizhu District, Guangzhou, PRC.
  • Represented the lead arranging institutional bank in the origination of acquisition financing worth HK$1.4 billion of a mixed use commercial property known as “W Square” located in Hennessy Road, Wan Chai, Hong Kong.
  • Represented the lead arranging institutional bank in the origination of refinancing worth RMB560 million with respect to the shopping mall known as “Raffles City Mall” located in Ningbo, PRC.
  • Represented the lead arranging institutional bank in the origination of acquisition financing worth HK$346 million of a serviced apartment building in Tin Hau, Hong Kong.
  • Represented the lead arranging institutional bank in the origination of offshore and onshore financing worth US$69 million with respect to a suite of logistics properties in Tianjin, Dongguan, Suzhou and Shenyang, PRC.
  • Represented a Hong Kong listed REIT, the borrower with respect to its US$500 million refinancing in connection with the blue chip commercial office property known as "China Central Place" located at Chaoyang District, Beijing, PRC.
  • Represented the lead arranging institutional bank in the origination of acquisition financing worth HK$186 million of a nursing home property located in Queen's Road West, Hong Kong.
  • Represented the lead arranging institutional banks in the origination of offshore and onshore refinancing worth US$183 million with respect to the blue chip commercial office property known as "Central Plaza" located in Huangpu District, Shanghai, PRC.
  • Represented the lead arranging institutional bank in the origination of offshore and onshore acquisition financing worth US$143 million of the commercial office property known as "Manpo International Plaza" located in Changning District, Shanghai, PRC.
  • Represented the lead arranging institutional bank in the origination of offshore and onshore acquisition financing worth US$82 million of the commercial office property known as the "Bao Long Building" located in Huangpu District, Shanghai, PRC.
  • Represented the lead arranging institutional bank in the origination of offshore and onshore acquisition financing worth US$95 million of a commercial office property located in Longhua Rd, Huangpu District, Shanghai, PRC.
  • Represented the lead arranging institutional bank in the origination of offshore and onshore refinancing worth US$87 million with respect to the blue chip commercial office property known as "Suzhou International Finance Center" located at Jinji Lake CBD, Suzhou, Jiangsu, PRC.

Construction Finance

  • Represented the lead arranging institutional bank in the origination of construction financing worth RMB300 million with respect to the construction of three logistics properties in Chengdu, PRC.
  • Represented the lead arranging institutional banks in the origination of offshore acquisition and onshore construction financing worth US$288 million with respect to the retail property known as the “Florentia Village Shanghai Retail Outlet Mall” located in Pudong New District, Shanghai, PRC.
  • Represented the lead arranging institutional bank in the origination of construction financing worth RM920 million with respect to the construction of a shopping centre in Johor Bahru, Malaysia next to the adjacent IKEA Tebrau store.

 Mezzanine Finance

  • Represented the lead arranger in the origination of mezzanine financing worth SG$100 million for a joint venture with respect to the acquisition of the blue chip commercial office property known as “GSH Plaza” located in Singapore.

Leveraged Acquisition Finance

  • Represented the lead arranging institutional bank in the origination of acquisition financing worth US$521 million for SDIC Mining Investment Co., Ltd.'s acquisition of a 28% stake in Jordan’s Arab Potash Company which is listed on the Amman Stock Exchange.
  • Represented the lead arranging institutional bank in the origination of acquisition financing worth HK$250 million for Automated Systems Holdings Limited's acquisition of US-based Grid Dynamics.

Debt/Pre-IPO Financings and Debt Restructuring

  • Represented a Singapore based family office trust in a pre-IPO hybrid loan and equity transaction involving RenRen.com and its founders. This financing facilitated the public listing of RenRen.com on the NASDAQ.
  • Represented a Hong Kong based investment holding company with respect to its debt facilities with several major PRC commercial bank institutions, negotiating on its behalf and advising generally on the finance aspects of the company’s privatisation through a scheme of arrangement and the retiring/exchange of debt held by several bondholders.
  • Representing a Hong Kong listed jewellery retailer with respect to the debt restructuring aspects of its acquisition from Peace Mark (Holdings) Limited of assets relating to Peace Mark’s retail and watch movement manufacturing businesses in the Greater China region.

Mergers and Acquisitions

  • Represented a large Canadian based international insurance company in its US$550 million acquisition of Hong Kong Life Insurance Ltd.
  • Represented a large German international advertising and conference organising company, in its acquisition of publishing assets in Shenzhen.
  • Represented a leading social business intelligence provider in the PRC, in the sale of its business assets to WPP, the international communications services group.
  • Represented a leading online retailer of Japanese lingerie in the PRC with respect to the sale of the whole of its PRC business and assets to the Rakuten Group of Japan.

Real Estate

  • Represented a Singapore based logistics trust in the sale of a logistics facility in Zhengzhou, Henan, PRC.
  • Represented a Singapore based logistics trust in the sale of a warehouse facility in Shanghai, PRC.
  • Represented an Australian real estate fund in the US$362 million acquisition of a blue chip commercial property located at East Nanjing Road, Huangpu District, Shanghai.
  • Represented an Australian real estate fund in the restructuring of its Hong Kong based Industrial Property Fund.

PRC Foreign Direct Investment

  • Represented a large private equity fund in respect of its equity investment and convertible loan financing in China PnR, the first corporation approved by the China Securities Regulatory Commission to carry out online payment and settlement of funds in the PRC.
  • Represented a US listed pharmaceutical company specialising in stem-cell technology in establishing a joint venture with local PRC investors.
  • Represented a leading group buying business in the PRC with respect to multiple rounds of equity investment and convertible loan financings from various fund investors.
  • Represented an affiliate investment fund of SingTel in respect of its equity investment in General Mobile Technology Company, a Taiwanese software company.
  • Represented a leading online games security software provider in the US, in establishing a joint venture with the China Youth League.
  • Represented the largest Chinese language domain name operator in the PRC with respect to multiple rounds of equity investment from various private equity fund investors.

Funds

  • Represented a UK listed private equity investment company in the establishment of a foreign-invested onshore RMB denominated fund in Henan province for cleantech renewable energy portfolio investments.
  • Represented UK listed private equity investment company in the establishment of a foreign-invested onshore RMB denominated fund in Qinghai province for cleantech renewable energy portfolio investments.
  • Represented a large und management company based in Hong Kong with respect to the management of assets held by its PRC onshore funds and related offshore funds.

QFII Schemes

  • Representing a Hong Kong listed pan-Asian life insurance group in all aspects of its QFII quota application.

RMB Interbank bonds

  • Representing a Hong Kong listed pan-Asian life insurance group in all aspects of its RMB Interbank Bond quota application.
  • Represented a Canadian and New York listed international insurance company in all aspects of its RMB Interbank Bond quota application.

Education

University of Technology, Sydney, LLB

University of Technology, Sydney, BA

Admissions

  • Hong Kong
  • Australia, New South Wales
  • Next Generation Lawyer - Real Estate, Hong Kong – Legal 500 Asia Pacific (2016 and 2018)