http://www.bloomberg.com/news/2011-...enges-singapore-ruling-party-in-election.html
Davis Polk Partner Chen Challenges Singapore's Ruling Party in Elections
By Andrea Tan
Chen Show-Mao, the head of Wall Street law firm Davis Polk & Wardwell LLP’s Beijing office, said he will seek election to Singapore’s parliament as a candidate for the opposition Workers’ Party.
“The best way to ensure good governance for Singapore is through the growth of a competitive opposition that offers a credible alternative to the party in government,” Chen, 50, said on his profile on the party’s website today.
Singapore, scheduled to hold its elections on May 7, has been administered by the People’s Action Party since 1959, when the city state was still a self-governing British colony. The ruling party, led by Prime Minister Lee Hsien Loong, holds 82 of the 84 elected seats in Parliament and won about 67 percent of votes in the last election in 2006, 8 percentage points lower than the previous poll.
Chen has advised on the record initial public offering of $22.1 billion by Agricultural Bank of China in July and Industrial and Commercial Bank of China Ltd.’s $21 billion initial share sale. ICBC, based in Beijing, is the world’s largest lender by market value.
Chen, who came to Singapore from Taiwan when he was 11 in 1972, according to a July 1986 Straits Times report, was educated at Harvard University, the University of Oxford as a Rhodes Scholar, and Stanford Law School. He joined Davis Polk, which has 750 lawyers in nine offices, in its New York head office in 1992 and set up the firm’s Beijing office in 2007.
Davis Polk Partner Chen Challenges Singapore's Ruling Party in Elections
By Andrea Tan
Chen Show-Mao, the head of Wall Street law firm Davis Polk & Wardwell LLP’s Beijing office, said he will seek election to Singapore’s parliament as a candidate for the opposition Workers’ Party.
“The best way to ensure good governance for Singapore is through the growth of a competitive opposition that offers a credible alternative to the party in government,” Chen, 50, said on his profile on the party’s website today.
Singapore, scheduled to hold its elections on May 7, has been administered by the People’s Action Party since 1959, when the city state was still a self-governing British colony. The ruling party, led by Prime Minister Lee Hsien Loong, holds 82 of the 84 elected seats in Parliament and won about 67 percent of votes in the last election in 2006, 8 percentage points lower than the previous poll.
Chen has advised on the record initial public offering of $22.1 billion by Agricultural Bank of China in July and Industrial and Commercial Bank of China Ltd.’s $21 billion initial share sale. ICBC, based in Beijing, is the world’s largest lender by market value.
Chen, who came to Singapore from Taiwan when he was 11 in 1972, according to a July 1986 Straits Times report, was educated at Harvard University, the University of Oxford as a Rhodes Scholar, and Stanford Law School. He joined Davis Polk, which has 750 lawyers in nine offices, in its New York head office in 1992 and set up the firm’s Beijing office in 2007.
