Milton TOON is a Partner in the Mergers & Acquisitions Practice.

Milton advises small and medium-sized enterprises, Singapore Exchange listed companies, multinational corporations and private equity firms in a wide range of corporate and commercial transactions. He has extensive experience in private and public M&A, joint ventures and private equity investments.

He has also been a tutor for Advanced Corporate Practice for the Preparatory Course leading to Part B of the Singapore Bar Examinations (formerly known as the Postgraduate Practical Law Course) since 2012.

Milton graduated from the University of Nottingham and is admitted to the Singapore Bar.

Significant transactions that Milton has been involved in include advising / acting for the following:

  • M+S (a joint venture between Temasek and Khazanah) in its proposed sale of the office and retail areas of the iconic Duo complex, comprising Duo Tower and Duo Galleria, to Allianz Real Estate and Gaw Capital Partners for approximately S$1.6 billion.
  • Temasek in its joint venture with StarHub Ltd to create Ensign InfoSecurity, one of the largest pure play cybersecurity firm in Asia.
  • Tata Communications in the sale of a 74% stake in Tata Communications’ data centre business in India and Singapore, comprising 14 data centres in India and 3 facilities in Singapore, worth approximately US$640 million to ST Telemedia. The deal was selected as one of the "Deals of the Year" under the M&A category by Indian Business Law Journal 2016.
  • ams AG in its acquisition of Heptagon Advance Micro-Optics Pte. Ltd. for a total consideration of up to approximately US$855 million (or approximately S$1.2 billion).
  • On a range of takeovers and privatisations, including those of Hupsteel Limited, Singapore Land Limited, Pan Pacific Hotels Group Limited, Olam International Limited, Nera Telecommunications Ltd, ECS Holdings Limited, Wanxiang International Limited, Sinomem Technology Limited and RSH Limited.
  • On a range of non-transactional projects, including Singapore GP's acquisition of the rights to host the Formula One Singapore Grand Prix, and Temasek's partnership with the Singapore Tourism Board to develop a world-class nature-themed attraction in the Mandai precinct.

Related Practices

  • Mergers & Acquisitions
  • Private Equity 
  • PLC Multi-Jurisdictional Guide for Mergers and Acquisitions - 2012/2013 edition
  • Getting the Deal Through – Private Equity, Singapore Chapter - 2014 edition

Milton is recognised by Asialaw Profiles – The Guide to Asia-Pacific's Leading Domestic Law Firms 2019 as a Distinguished Practitioner for Corporate/M&A.