Tien-Shiang (Abe) Sung

Banking; Capital Market; Corporate and Investment; Mergers and Acquisitions: Financial Institutions; Mergers and Acquisitions: Non-Financial Institutions

Mr. Abe Sung is a partner at the Banking and Capital Department. His main practice areas are: capital market, banking and structured finance. He advised several foreign companies and underwriters in their IPO and offerings of TDR in Taiwan, including the IPO of Integrated Memory Logic, AirTAC, Apex, Yusin, Taisun, Top Bright, Kayee, Ventec, Fulin, Thai Kin, etc. Mr. Sung has also been actively involved in many securitization deals in Taiwan and led his colleagues in several pioneer cases, including a number of REITs issuing, securitization on cards receivable and auto loans, and the first cross boarder securitization deal ever done by a Taiwanese issuer. According to Chambers Asia's survey, clients commend him for combining "commercial sense with an open mind" and consider him as "the first choice" for structured finance. He advised in 2002 First Commercial Bank in an open bid for sale of non-performing loans, which marked the inception of the NPLs market in Taiwan and since then has advised in more than 30 distressed assets deals, including helping Taiwan's Central Depository Insurance Corporation to dispose of banks in crisis. He also provides legal services in relation to real properties investment, joint venture and corporate M&A.