Rachel ENG is the Deputy Chairman of WongPartnership. She is involved in the initial public offerings, including Regulation S and Rule 144A offerings, by companies and REITs listed on the Singapore Exchange. She also handles corporate advisory, corporate governance & compliance and financial services regulatory work.
Rachel has been involved in a number of significant initial public offerings on the Singapore Exchange, including the offerings of PACC Offshore Services Holdings Ltd.; Asian Pay Television Trust; Ascendas Hospitality Trust; IHH Healthcare Berhad, the first dual concurrent listing on Bursa Malaysia and the Singapore Exchange; and Sri Trang Agro-Industry Public Company Limited, the first listed company on the Stock Exchange of Thailand to have a dual primary listing on the Singapore Exchange.
As a lead partner in the REITs team, Rachel is involved, among others, in the initial public offerings of Frasers Logistics & Industrial Trust the largest initial pure-play Australian logistics and industrial REIT in Singapore and the largest initial public offering in Singapore since 2013 at the point of its listing; BHG Retail REIT, the first and only initial public offering on the mainboard of the SGX in 2015; SPH REIT; Keppel DC REIT, the first data centre REIT listed in Asia; Frasers Hospitality Trust, the first global hotel and serviced residence trust to be listed on the Singapore Exchange and Mapletree Greater China Commercial Trust, the largest initial public offering for a REIT in Singapore's history.
Rachel graduated from the National University of Singapore. She is admitted to the Singapore Bar and to the Roll of Solicitors of England & Wales. Rachel also holds a Certified Diploma in Accounting and Finance from the Chartered Association of Certified Accountants (UK).
Rachel is an independent non-executive director of StarHub Ltd., Olam International Limited and SPH REIT Management Pte. Ltd., manager of SPH REIT. She is also a board member of Certis CISCO Security Pte. Ltd., the Public Utilities Board and the Singapore Accountancy Commission. In addition, she sits on the Board of Trustees of Singapore Institute of Technology and the Council of the Singapore Business Federation.
Rachel is a member of the Committee on the Future Economy, which was formed by the Singapore government in January 2016 to develop economic strategies to position Singapore for the future. She is also a Supervisory Committee member of ABF Singapore Bond Index Fund established by the Monetary Authority of Singapore. Rachel sits on the Reuters Editorial and Best Lawyers Advisory Board. She is also a member of the Appeals Panel in Abu Dhabi Global Market.
She is an Honorary Legal Adviser to the Real Estate Developers Association of Singapore (REDAS), and a Fellow of the Singapore Institute of Directors. She was invited to be and is one of the Champions for Change for BoardAgender, a not-for-profit organisation that promotes gender diversity in the boardroom. Rachel is also a mentor for the Young Women’s Leadership Connection (YWLC).
Rachel was named in The Peak Power List 2015, an award which honours influential women who have shattered the proverbial glass ceiling and scaled the corporate rungs in traditionally male-dominated industries. Rachel was also named "Her World Woman of the Year 2014". Organised by Her World magazine, the award honours Singaporean women who have benefitted a particular industry through their selfless dedication and unflagging spirit. She was awarded "Managing Partner of the Year" at the ALB South East Asia Law Awards 2013. She also bagged the award in 2011, making her the first person to win twice in the award's history. She is recommended as a leading lawyer by independent publications such as Expert Guides – Guide to the World's Leading Women in Business Law since 2010; Best Lawyers since 2009; Expert Guides – Guide to the World's Leading Capital Markets Lawyers since 2009; The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession since 2008; Chambers Global – The World’s Leading Lawyers for Business since 2008; Chambers Asia Pacific – Asia Pacific's Leading Lawyers since 2008; IFLR 1000 – The Guide to the World’s Leading Financial Law Firms since 2008; and Asialaw Leading Lawyers – The Guide to Asia-Pacific’s Leading Lawyers since 2013 as a leading Singapore practitioner in the area of Capital Markets. She is also recommended as a leading lawyer in the PRC by Asialaw Profiles – The Guide to Asia-Pacific’s Leading Domestic Law Firms since the 2015 edition.
Recently, Chambers Asia Pacific – Asia Pacific's Leading Lawyers 2015 described her as "sharp and commercially savvy". The 2014 edition noted that Rachel is "frequently sought out for REIT matters and major IPOs" and "is similarly acclaimed for her work in debt capital markets" with sources saying that "she is commercially astute and always gives sound and practical solutions". Chambers Asia Pacific – Asia Pacific's Leading Lawyers 2013 praised her for her "broad-based knowledge" and acknowledged that "she has a very good grasp of issues and is the go-to person for regulatory matters. She is also highly commercial and a good problem solver". The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession 2013 described Rachel as the "go-to person for regulatory matters" and "a good problem-solver". She is also endorsed as one of the world's leading Capital Markets practitioners in Who's Who Legal: The International Who's Who of Business Lawyers 2013 and Who's Who Legal: The International Who's Who of Capital Markets Lawyers since 2011.