Contact details

George Cyriac

T: +65 6622 9692 Email George | Vcard Office: Singapore

Awards

Recommended Lawyer for Corporate and M&A: Foreign firms

Recommended Lawyer for Corporate and M&A: Foreign firms

Leading individual for Corporate/M&A and Expertise Based Abroad - International Firms - India

Leading individual for Corporate/M&A and Expertise Based Abroad - International Firms - India

Up-and-Coming Leading Individual for Corporate/M&A, India - Chambers Asia Pacific 2016

George Cyriac Partner

Contact details

George Cyriac

George Cyriac
Partner

T: +65 6622 9692 Email George | Vcard Office: Singapore

George is a corporate and private equity partner based in the Singapore office. He has almost 20 years of experience advising on complex cross-border corporate and restructuring transactions across several jurisdictions in Asia including Indonesia, India, the Philippines, Myanmar, Cambodia, Thailand, Malaysia and Korea.
  • Profile
  • Services
  • Locations

In Indonesia, George has represented multinationals and private equity investors, leading Indonesian corporates and state owned enterprises in a range of transactions in the plantations, healthcare, infrastructure, mining, oil & gas, petrochemicals, financial services and consumer goods sectors. He has also advised on complex restructurings and workouts in Indonesia.

In India, George has also represented leading corporates, private equity funds and multilateral agencies in structuring and executing their investments in India, divesting their holdings, restructuring their debt and equity holdings and in a broad range of other corporate transactions. 

He has also represented leading Indian corporates in overseas investments, divestments and fund raisings.

George is admitted to practice in New York. Prior to joining Stephenson Harwood, George worked for over 12 years in Singapore and New York with other leading international law firms and for 4 years with a leading law firm in India.

“He is highly regarded by clients and peers alike" and clients note that he has "strong communication skills and a problem-solving approach" and is "meticulous and methodical.

Chambers Asia Pacific 2015

  • Public and private M&A
  • Private equity and venture capital
  • Restructuring and insolvency
Advised Temasek Holdings (Private) Ltd. in a Series B investment in SecondMarket Holdings, Inc. through the subscription to preferred stock and a secondary acquisition of common stock from an existing shareholder. SecondMarket Holdings, Inc. owns a registered broker dealer in the US with an online platform for trading illiquid assets.

Advised Qatar International Enterprises in an investment in a Singapore based financial services company.

Advised GMR Infrastructure (Singapore) Pte. Limited on the sale of a 70 percent stake in GMR Energy (Singapore) Pte. Ltd. to a joint venture between First Pacific Limited and Meralco PowerGen Corporation, a wholly owned subsidiary of Manila Electric Company.

Advised a leading Indonesian oil and gas company in an acquisition of a controlling interest in a Kazakhstan company that owns subsoil use rights in certain oilfields in northern Kazakhstan.
 
More: Public and private M&A
George has represented various private equity funds on acquisitions, divestments, restructurings and fund raisings. 

Funds he has acted for include Baring Private Equity Asia, CLSA, Pinebridge Investments, GHO Capital, J.C. Flowers, Redwood Group Asia, Starwood Capital, Brookfield and Orion Capital.

Representative transactions include:

Advising CLSA in its investment through convertible and exchangeable bonds in PT Sari Wangi AEA, the largest exporter and manufacturer of tea and herbal products in Indonesia and in its investment in Earth Water Group, a water treatment and solutions company in India.

Advising PineBridge Investments Asia Ltd. in several transactions in India involving the restructuring and disposition of investments.

Advising Redwood Group Asia, a logistics real estate fund, in the issue of preferred capital to Equity International Management and Northern Lights Capital.

Advising Orion Capital on its establishment of a managed account platform for investments in Korean real estate for a leading pension fund.
 
More: Private equity and venture capital
Represented PT Pertamina (Persero) as the lead creditor in the restructuring of US$1.5 billion of debt and equity of PT Trans-Pacific Petrochemical Indotama, an Indonesian company that owns a petrochemicals complex in East Java.

Advised PineBridge Investments Asia Ltd. in several transactions in India involving the restructuring and disposition of investments.

Represented PT Bakrie Sumatera Plantations Tbk., a leading crude palm oil producer in Indonesia, in the acquisition of the oleochemical companies and certain plantations companies of the Domba Mas Group for a consideration of approximately US$238 million. The transaction also involved the restructuring and refinancing of the existing debt of the acquired companies.

Advised the Lehman Brothers estate in the restructuring and divestment of more than 10 investments in public and private companies in India.
 
More: Restructuring and insolvency
  • Indonesia
  • India
Advising PT Pertamina (Persero) as the lead creditor in the restructuring of US$1.5 billion of debt and equity of PT Trans-Pacific Petrochemical Indotama, an Indonesian company that owns a petrochemicals complex in East Java.

Advising International Finance Corporation in the sale of its stake in PT Bank Tabungan Pensiunan Nasional to two buyers.

Advising CLSA Clean Resources Asia Growth Management Limited in its investment through convertible and exchangeable bonds in PT Sari Wangi AEA, the largest exporter and manufacturer of tea and herbal products in Indonesia.

Advising the Rajawali Group on its acquisition of the equity interests in Green Eagle Palm Ltd, a palm oil plantation company, from Louis Dreyfus Commodities Asia Pte. Ltd.

Advising PT Berau Coal in an exclusive marketing arrangement with Noble Group Limited for certain international destinations.
 
More: Jakarta
Advising GMR Infrastructure Limited in a joint venture with Megawide Construction Corporation for the development and operation of the Mactan-Cebu International Airport in the Philippines on a BOT basis for a total construction cost (including the premium payable to the government) of US$700 million.

Advising PineBridge Investments Asia Ltd. in several transactions in India involving the restructuring and disposition of investments.

Advising CLSA Clean Resources Asia Growth Fund in its investment in Earth Water Group, a water treatment and solutions company in India.

Advising Genworth Financial Inc., International Finance Corporation, Asian Development Bank and the National Housing Bank in a joint venture in the financial services sector in India.

Advising Taiwan Semiconductor Manufacturing Company Limited in a joint venture in India for the manufacture of integrated circuits and IP cores.
 
More: India

Awards

Recommended Lawyer for Corporate and M&A: Foreign firms

Recommended Lawyer for Corporate and M&A: Foreign firms

Leading individual for Corporate/M&A and Expertise Based Abroad - International Firms - India

Leading individual for Corporate/M&A and Expertise Based Abroad - International Firms - India

Up-and-Coming Leading Individual for Corporate/M&A, India - Chambers Asia Pacific 2016

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.