Baker McKenzie is pleased to announce that it has advised PT Chandra Asri Pacific Tbk (Chandra Asri Group), a leading energy, chemicals, and infrastructure solutions provider in Southeast Asia, on its entry into a Sale and Purchase Agreement to acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore.
As detailed in Chandra Asri’s press release, Chandra Asri Group’s strategic acquisition of the Esso retail fuel network aligns with its long-term growth strategy, which focuses on developing integrated energy infrastructure for the energy and mobility solutions market in Singapore and Southeast Asia.
The Baker McKenzie team advising Chandra Asri Group was led by Singapore M&A principals Shirin Tang and Ting Xiao Hui together with local principal Mark Tay, with support from associates Rachel Chan and Precia Lian, and trainee Ryan Koh.
The transaction drew on the strength of Baker McKenzie’s multidisciplinary Singapore practices, with key team members from the specialist practice groups including:
– Real Estate: Geraldine Ong, Tan En Lai, and Michelle Koh
– Competition and Trade: Stephen Crosswell, Ken Chia, Poh Lip Hang, Vivian Tsang, and See Yongsong
– Regulatory: Ken Chia, Daryl Seetoh, and Maulik Mittal
– Intellectual Property: Andy Leck and Natalie Huang
– Finance & Projects: Ang Kim Hock, Simonette Santos, Hanh SeungPyo, and Qian Yanshan
– Employment: Kelvin Poa, Ng Zhao Yang, and Averill Chow
This transaction underscores Baker McKenzie’s ability to mobilize top-tier lawyers across practices to deliver outstanding results for clients. The Firm has been consistently recognized for its market-leading transactional expertise, with recent accolades including “International Deal Firm of the Year” at the 2025 Asian Legal Business Awards.
