"I would not hesitate to recommend Adnan Sundra & Low as the firm had consistently provided excellent value for money service, quick turnaround time and for being proactive in seeking solutions to problems encountered," says one client. The firm is recommended by peers and clients alike for its prowess in this area and remains at the top of the rankings after yet another productive year....
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"I would not hesitate to recommend Adnan Sundra & Low as the firm had consistently provided excellent value for money service, quick turnaround time and for being proactive in seeking solutions to problems encountered," says one client. The firm is recommended by peers and clients alike for its prowess in this area and remains at the top of the rankings after yet another productive year. "The firm looks beyond the legal issues to find a workable solution for all parties concerned," says another client.
The firm advised AmInvestment Bank, acting as lead arranger and principal adviser, in the senior notes issuance programme of AmBank (Malaysia). This transaction was led by partner Adrian Chee, and valued at RM7 billion ($2.3 billion).
Partner Deepak Sadasivan is highly regarded by peers and clients. One client says: "He is quite well-known in the capital markets world - particularly in the area of debt capital markets. I find his views very balanced and he is a quite brilliant chap. He has reasonable and justifiable opinions. When it comes to difficult deals, I go to him for his opinion. He's balanced and very commercial."
Sadsivan was involved in advising CIMB Investment Bank and HSBC Amanah Malaysia, acting as the joint lead arrangers, in the Islamic MTN programme undertaken by Pengurusan Air SPV (special purpose vehicle), a wholly-owned subsidiary of Pengurusan Aset Air, which was guaranteed by the government. This transaction was completed in 2011 and valued at RM20 billion.
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Adnan Sundra & Low retains its top tier ranking in the banking rankings, buoyed by its ability to transfer its legal expertise across its financial practices. Though historically acclaimed for its capital markets practice, the firm is lauded by peers and clients for "providing innovative and often advanced solutions to concerns....
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Adnan Sundra & Low retains its top tier ranking in the banking rankings, buoyed by its ability to transfer its legal expertise across its financial practices. Though historically acclaimed for its capital markets practice, the firm is lauded by peers and clients for "providing innovative and often advanced solutions to concerns."
One client notes the firm's growing international acclaim: "I think in recent times, ever since the firm participated in some of the large IPOs of the country, it has become more popular now with international banks because of this exposure."
The firm acted for the guarantors Danajamin Nasional in a guaranteed commercial papers/MTN programme for Syarikat Kapasi, a subsidiary of Asian Pac Holdings. This transaction would part finance the construction and development costs of Kota Kinabalu Times Square Mall and the exterior shop lots, which form part of the Kota Kinabalu Times Square 2 Project. This transaction was closed in June 2010 and valued at RM200 million ($66.5 million).
Clients appreciate the firm's ability to consider all angles: "The lawyers there make deals happen. They can take care of risks for us and still make sure deals happen. They're easy to work with and try to accommodate as much as possible, whereas other firms we've come across are not that calculating," says one.
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"Adnan Sundra & Low is very professional and competent, while being very practical," says a client. The firm provides an all-round service to its clients, and its corporate practice remains an important aspect of this versatile offering....
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"Adnan Sundra & Low is very professional and competent, while being very practical," says a client. The firm provides an all-round service to its clients, and its corporate practice remains an important aspect of this versatile offering. Partner Adrian Chee is singled out by clients for praise: "He has a wide knowledge of legal matters, and provides thoughtful and valuable advice." The highlight for the corporate team was its representation of Eon Capital in its sale of its entire assets and liabilities to Hong Leong Bank.
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