Solicitors governing body: Malaysian Bar Council
Competition authority: Malaysia Competition Commission (MyCC)
IFLR1000 ranking categories:
Financial and corporate (published October) – Banking and finance, Capital markets, M&A, Project development
Malaysia’s legal system is modelled on English common law and practices parliamentary democracy under a constitutional monarchy, with His Majesty the Yang di-Pertuan Agong (the King) ceremonially as head of state.
The country liberalised its legal market in 2014/15, with UK firm Trowers & Hamlins the first firm to obtain a Qualified Foreign Law Firm (QFLF) licence in order to establish a local office in April 2015.
Malaysia’s QFLF system was implemented in June 2014 following amendments to the Malaysian Legal Profession Act 1976 (LPA). An earlier amendment to the LPA designed to open up the legal services market to foreign law firms allowed foreign lawyers to work in the country for up to 60 days.
A licence is valid for three years with an option for renewal and will allow foreign firms to work on a stand-alone basis advising on international legal matters, but not on Malaysian law. Before the new rules took effect, international companies could only run a non-trading representative office and could not practice law in the country.
Up to five foreign law firms can now be granted a three-year license to hire foreign lawyers and practice law without partnering with a local Malaysian law firm.
The move is part of a government initiative to enable Malaysia to become an International Islamic finance centre, so licences will only be given to international law firms that have proven expertise in international Islamic finance.
Apart from applying for the QFLF license, international law firms may consider forming a joint venture. Regulations state that in such an arrangement at least 60% of the equity must be owned by a Malaysian firm.
International law firms have created networks to run their Malaysian business by way of associations with local law firms. For example Wong & Partners is a member firm of Baker & McKenzie; Rahmat Lim & Partners is tied with Singapore’s Allen & Gledhill; Christopher & Lee Ong is affiliated with Rajah & Tann; and Foong & Partners has a cooperation with WongPartnership. Firms such as Allen & Overy, Clifford Chance and Linklaters opt for a fly-in-fly-out approach to advise Malaysian clients, with teams normally based in Singapore.
Candy Chan - Journalist - Asia-Pacific
Adnan Sundra & Low has a strong reputation for bond work and Islamic finance, and has the largest banking and finance practice in the country. The firm’s capital markets and M&A teams have also maintained a strong presence in the market.
The firm took on a number of large complex deals this past year, including advising CIMB bank on the issuance of two sukuk programmes for Digi Telecommunications.
Another highlight deal saw the firm acting for Petronas Refinery and Petrochemical Corporation (PRPC) on a joint venture and acquisition by Saudi Aramco.
Key clients include UOB, CIMB, Hong Leong Investment Bank, Petronas, Maybank, and HSBC.
"Effortless navigation of complex loan documentation. Strong negotiation skills utilising solid legal arguments, even among the associates. Demonstrated commitment through proactive assistance and support for internal/in-house tasks throughout tenure of the deal." – Banking and finance
Lai Kooi Thong
"Strong negotiation skills, firm and solid legal knowledge and co-ownership of business decisions."
Albar & Partners had a strong year in banking and finance and debt capital markets. The firm was involved in the medium-term notes programme acting for Hong Leong Investment Bank on the financing of one of Malaysia’s largest shopping centres.
Elsewhere in capital markets, the team acted on a number of high value IPOs and was also quite active in the real estate sector. A notable mandate saw the firm appointed to work with the Securities Commission Malaysia on drafting and reviewing new due diligence guidelines for debt and equity capital markets.
Key clients include Maybank Investment, UOB, CIMB, Bank of China, and Hong Leong Investment Bank.
"Highly responsive with quick turnaround time. The firm's lawyers are very business/commercial sensitive/appreciative and understand the client's needs." – Capital markets, Restructuring and insolvency
"In-depth knowledge, valuable legal opinions, responsive, good quality of documentation, strong business acumen." – Capital markets
"Fast turnaround. Knowledge of our industry and precision." – M&A, Capital markets
Lily Tan and Chung Swee Loong
"Lily Tan, Chung Swee Loong are very experienced lawyers in the banking and finance sector. Reliable, professional with quality service provided."
Seet Hooi Ping
"Precise and good advice."
"Responsive, fast and commercial."
Allen & Overy services the Malaysian market through its Singapore office and has a Malaysia‐dedicated cross‐practice team of partners that has acted on high profile deals in banking, financial services, energy, construction, real estate, transportation and governmental matters.
A notable deal saw the firm advising clients including Citigroup Global Markets, JPMorgan Securities and DBS Bank on the issue of notes by GOHL Capital, in the first-ever internationally marketed offering of debt securities from Southeast Asia featuring credit support through a keepwell. The firm also advised Citigroup, Deutsche Bank, JPMorgan and Maybank on the issue of high yield bonds by Press Metal.
In terms of M&A, Allen & Overy advised Asia Capital Reinsurance on its acquisition of majority stakes in ACR Retakaful, ACR Retakaful MEA, and Khazanah Nasional. Elsewhere, the firm advised Varkey Group on the sale of a minority stake in GEMS Education to Khazanah Nasional.
Key clients include HSBC, Khazanah Nasional, Maybank, Malaysia Airlines, AirAsia, Petronas and Citigroup.
“In-depth experience in corporate banking with specific expertise in acquisition finance.” – Banking and finance
In June 2018, Chooi & Company merged with Cheang & Ariff to form Chooi & Company + Cheang & Ariff. The new combination is one of the largest firms in Malaysia and boasts a combined experience of more than 80 years.
In the research period prior to the combination, Chooi & Company was active across the board in financial and corporate matters and was at the forefront of providing advice in the startup ecosystem, especially in fintech. In the past year, the firm worked on a number of confidential mandates in sectors including aviation, energy, logistics and tourism. In a notable projects mandate, the firm acted for Tenaga Nasional in the bidding and purchase process for agreements to construct large-scale solar power projects.
The other half of the merger, Cheang & Ariff, was particularly active in banking and finance, capital markets and M&A in the past 12 months. In banking and finance, the firm acted on transactions relating to loans, typically for the lenders. On the capital markets side, the firm primarily advised on various deals involving the issues of shares. In M&A, a highlight mandate saw the firm assist Star Media Group in the sale of a majority stake in Cityneon to Lucrum 1 Investment.
A part of the Rajah & Tann Asia network, Christopher & Lee Ong has a diversified practice but is best known for its focus on project development, especially in the energy and infrastructure sectors.
The M&A team has been busy during the research period and has worked on deals in sectors including real estate, technology and consumer goods. A highlight deal saw the firm acting for Top Glove Corporation in the acquisition of Aspion. Another interesting work example saw the firm act for Valeo in the acquisition of the entire and issued paid-up share capital of Precico Electronics.
In the project space, the firm advised Tadau Energy on the entire transaction, up to the financial close, of the development of a photovoltaic power plant in East Malaysia. Additionally, the firm advised Coca Cola Bottlers on a lease agreement for solar photovoltaic equipment and the designing and construction of a special purpose warehouse.
A staffing change saw the departure of banking and finance partner Jenny Hong.
Key clients include Coca Cola Bottlers, Ireka Corporation, Top Glove Corporation, Scatec Solar, and Tadau Energy.
"Experienced, knowledgeable. Attentive and quick to address client's needs. Able to provide workable solutions and legal advice promptly." - Project development
"The lawyers are professional, trustworthy and knowledgeable. Execute the work on time and efficiently." - Project development
"We work with Jack Chor, who has always gone out of his way to provide us with the most timely and cost-effective advice. Jack goes that extra step for his clients, whether its basic corporate work or dealing with regulators on a complicated transaction." - Project development, Restructuring and insolvency
"Experience, knowledgeable, attentive and quick to address the client's needs. Able to provide workable solutions and legal advice promptly. Professional, approachable and friendly."
"She's knowledgeable and smart and always protecting our interests as the clients. She delivers the work efficiently and meets our expectation."
Donovan & Ho is a local boutique firm specialising in corporate and M&A.
The firm was primarily involved advising on share agreements. Representative deals saw the firm advising the founders of Farm to Fork and the founders of iMotorbike World on agreements and documentation. Another notable mandate saw the firm advising a real estate joint venture on the review the shareholders’ agreements.
The corporate team was hit by the departure of Gwendoline Choy.
Key clients include RE/MAX.
“Advice is balanced against commercial considerations, with practical bent. The partner takes time to understand what the key concerns and issues are that need to be addressed." – M&A
"Extremely cooperative, fast response, extra mile intention on getting the client fully knowledgeable of all pros and cons of every single term, patiently. Lastly, eager to help. No weaknesses." – Investment funds
"Has strong business acumen and industry knowledge. Considerate and fair in judgement. Able to provide valuable feedback on varied circumstances. Only has local presence." – M&A
"Value for money, great professionalism and good/pleasant user experience." – Project development
Foong & Partners is a member of the Singapore firm WongPartnership’s regional law network, WPG. The firm handles cross-border transactions and offers advice to international firms in capital markets and M&A.
In M&A, the firm acted for both vendors and buyers in the acquisition and disposal of shares. Highlights include advising OldTown in the voluntary take-over offer of all the issued share capital by Jacobs Douwe Egberts Holdings Asia; and acting for Sport Group Holding in the acquisition of the entire issued share capital of Fairmont Industries.
Foong & Partners flexed its capital markets muscle by advising on private placements, IPOs and listings. A key deal saw the firm assist RE&S Holdings as Malaysian counsel on its IPO and listing on Singapore’s Catalist Board. The firm also advised Xin Point Holdings on its HKSE IPO.
During the review period, the firm worked in banking and finance, M&A and project development.
The banking team has expertise in Islamic finance and, in the past year, it acted mainly on the lender side. In a refinancing deal, the firm advised an Islamic financial institution on granting a loan.
In M&A, the firm acted for SCL and Holdings in the acquisition of shares in the Aluminium Company of Malaysia.
The firm was also active in project development, where it advised EM Hub in the acquisition of land for the development of an industrial park.
HL Tan Lim & Partners offers advice in banking and finance, M&A and capital markets.
The firm picked up cross-border capital markets work due to domestic firms investing abroad. The firm was involved in debt and equity issuances including IPOs, listings, share placements and notes restructuring. An interesting mandate saw the firm advising Anakku on the restructuring of an Islamic medium-term notes (MTN) programme.
In terms of M&A, the firm advised AppAsia in the acquisition of a majority stake in Advance Synergy’s payment card unit, Malaysia’s only non-bank credit card issuer. Elsewhere, the firm acted for ND Rubber in a takeover of Fung Keong Rubber, a downstream regional distributor.
Key clients include Asia Brands and Anakku.
In addition to having a reputable capital markets and M&A practice, Kadir Andri & Partners has established a leading practice in Islamic finance.
An Islamic finance highlight saw the firm advising Putrajaya Bina on the issue of sukuk for the financing construction of government infrastructure.
In capital markets, the firm advised Credit Suisse Securities and JP Morgan Securities on the IPO of Lotte Chemical Holding.
In M&A a standout deal saw the firm advising on the demerger of Sime Darby, Sime Darby Plantation and Sime Property. The firm also advised Apollo Global Management on its partial acquisition of Lumileds Holdings.
Key Clients include UMW Oil & Gas Corporation, Apollo Global Management, Bank Islam Malaysia, the Ministry of Finance of the Government of Malaysia, Sime Darby, Sime Darby Plantation, and Sime Property.
"Provided not only good legal advice, but also offered pragmatic commercial solutions." – Banking and finance
"Great ability in providing commercial-oriented solutions. Very approachable team." – Capital markets
Lee Hishammuddin Allen & Gledhill is active across the board in the financial and corporate space and has expertise in Islamic finance.
The banking team offers advice on matters including syndicated loans and club deals, project finance, asset finance, equipment financing and leasing.
In capital markets, the firm has experience in handling debt offerings, both conventional and Islamic. In the past year, the firm worked on a number of confidential mandates involving IPOs, listings and Islamic finance. The team was particularly active in Islamic finance and advised QSR Stores on the issue of Islamic medium-term notes for the part refinancing of existing loans.
M&A highlights include advising Owens & Minor on its acquisition of Halyard Health's Surgical & Infection Prevention business; and advising UEM Sunrise on a joint venture with The Malay College Old Boys Association.
In the research period Steven Tee Shin Yau from Rahmat Lim & Partners joined the firm’s corporate practice while partner Angeline Cheong left the firm to launch a private practice.
Lim Jo Yan & Co is a member of One Asia Lawyers and has established a Japanese desk. During the review period, the firm has been active in cross-border M&A transactions in sectors such as media, healthcare, technology and social infrastructure.
A key deal saw the firm assist AO Pro in acquiring a majority stake in Reserve Tank, a group involved in the production and distribution of film. The firm also advised SMS in the takeover of Melorita Group, a group of recruitment agencies focussed on the recruitment of nurses.
Key clients include L'Oreal Malaysia, Lorna Whiston Schools and Navis Capital Partners.
“Clear legal advice, highly responsive.” – M&A
“Excellent responsiveness and insight into legal issues. Great to work with and can explain relatively complex concepts in simple ways.” – Banking and finance
"The firm was excellent in all respects. The quality of the advice, the timeliness of the responses under incredibly tight and high pressured situations was outstanding. A great balance between black letter law and creative commercial thinking to reduce a risk adjusted outcome dealing with varying individuals and their corporate demands. With over 30 years of senior executive corporate experience with lawyers across many countries, I would rate them as equal to the best I have ever worked with." – M&A
"The founding partner has solid experience gained from his previous roles, which places him in a prime position to lead this firm and take on more challenging legal issues and provide suitable solutions for clients. They are also fast to respond and easy to deal with." – M&A
Mah-Kamariyah & Philip Koh is a full-service law firm and is strongest in capital markets.
Most of the capital markets work came from listings and issues. Highlights saw the firm advising OCC Cables on its proposed HKSE listing; and acting for IOI Properties Group in the issue of ordinary shares and renounceable rights.
On the M&A side the firm has worked in—among other sectors—oil and gas, manufacturing and construction. A key deal saw the firm assist Denko Industrial in the acquisition of the entire equity interest of Integrated Manufacturing Solutions.
Staffing changes saw Tiffany Teh Shin Yenn from Jeff Leong Poon & Wong join the firm, while Alvin Wong Juin Wee and Ng Sock Ling left the firm.
Key clients include IOI Corporation, Malaysian Resources Corporation and Sunway Lagoon.
Murad Yee Partnership is a boutique legal practice active in M&A and capital markets.
In capital markets, the firm advised local firms on matters such as listings and issues. In a representative deal, the firm advised Hibiscus Petroleum on the issue and listing of free warrants on the main market of Bursa Malaysia.
Recent M&A highlights featured the firm acting for both international and domestic companies in sectors including consumer goods, real estate and gaming. A notable mandate saw the firm assist Tabcorp Holdings on the proposed acquisition of Tatts Group.
“The firm is responsive and knowledgeable.” – M&A
Naqiz & Partners provides advice on matters relating to banking and finance, project development, capital markets and M&A.
The banking team was engaged in confidential domestic and cross-border transactions involving Islamic finance, loans and escrow agreements.
In M&A most of the firm’s work was confidential but one public matter saw the firm advise Khazanah Nasional on its proposed investment in an e-commerce company focused on online fashion and beauty verticals.
Independent law firm Putri Norlisa Chair has experience in banking and finance, M&A and project development.
The firm has a special focus on sectors such as real estate and energy and infrastructure.
The banking practice has experience in matters including acquisition finance, real estate finance and project finance.
During the review period, the firm worked on confidential project financing matters involving the oil and gas industry.
On the M&A side the firm advised Mitsui & Co on a joint venture with Sime Darby Property to develop built-to-suit facilities in Klang. The firm also advised Hilti on the acquisition of Oglaend Industries, as part of the larger acquisition of Norwegian Oglaend System Group.
Rahmat Lim & Partners practices in a variety of sectors and is strongest in banking and finance, capital markets and M&A.
In banking and finance a highlight deal saw the firm advising HSBC-led sponsors in the financing for the development of refinery and steam cracker facilities and downstream petrochemical facilities.
In capital markets the firm worked on a number of deals involving Islamic finance. An interesting example saw the firm advising Edra Energy on the issue of sukuk to finance the development of an electricity generating facility.
On the project development side, the firm was active in sectors including oil and gas and transport. A highlight saw the firm advising Suria Strategic Energy Resources on contract documents in the development of a gas pipeline in East Malaysia.
A staffing change saw Dzuhairi Jaafar Thani join the projects team from Zain & Co.
Key clients include HSBC, ABN AMRO Bank, Edra Energy, Malaysia Rail Link, DBS Bank, and Suria Strategic Energy Resources
"Patient and give valuable advice at all times." – Financial and corporate
"Highly professional, pragmatic, knowledgeable." – M&A
Active since 1964, Raja Darryl & Loh’s core practice areas are banking and finance, corporate and M&A, and capital markets.
In terms of capital markets, the firm has experience assisting firms with IPOs, listings and debt and equity fundraising activities. The firm advised Cloudaron Group on its listing on Bursa Malaysia’s new Leading Entrepreneur Accelerator Platform (LEAP) market.
The firm was particularly active in M&A and acted in a number of high profile mandates involving international clients and law firms. The firm worked alongside PricewaterhouseCoopers (PwC) advising Bayer on its acquisition of Monsanto. On the vendor side, the firm acted for Pentair in the sale of its valves and controls business to Emerson Electric.
Key clients include HP International, Eli Lilly, Cloudaron Group and the Mass Rapid Transit Corporation.
Sedgley & Co is a niche firm focused on M&A and project development. Details provided on work are confidential.
In the past year, the firm worked on various M&A deals involving divestments, demergers, mergers and acquisitions.
In terms of projects, a highlight saw an international law firm appoint Sedgley & Co as the Malaysian advisor on a consortium bidding for the Malaysia-Singapore high-speed rail link project.
One of the oldest law firms in Malaysia, Shearn Delamore & Co is a top choice for high-end M&A work. The firm also has experience in the projects space, banking and finance and capital markets.
In capital markets, the firm advised Tanjung Bin Energy on the issue of unrated perpetual sukuk for general working capital purposes and the redemption of a term loan facility.
An interesting M&A deal saw the firm act as Malaysian counsel for Chemogas Belgium in the acquisition of Stereo Group. The firm also advised DuPont on its merger with the Dow Chemical Company.
A staffing change saw Alvin Julian leave the firm for Zaid Ibrahim & Co.
Key clients include Tanjung Bin Energy, the Hongkong and Shanghai Banking Corporation, DuPont, Saudi Aramco, and China Oil Field Services.
With a long history in Malaysia, Shook Lin & Bok offers advice in a variety of practice areas including M&A, project development and capital markets, and is highly regarded for its banking and finance practice.
During the review period, the firm typically acted for domestic and international lenders on cross border transactions including acquisition financings and loan facilities.
On the M&A side the firm acted for Paragon Adventure in its acquisition of a majority stake in Goh Ban Huat. The firm also acted for Kuwait Finance House in the sale of its stake in Sunway South Quay to Sunway Lagoon.
Key clients include Kuwait Finance House, Paragon Adventure, and Affin Hwang Asset Management.
Skrine acts on notable transactions in banking and finance, and is best known for its work in the projects space and M&A.
An eye-catching M&A deal saw the firm advising Mitsubishi Materials Corporation in the acquisition of the Special Products Division of the Luvata Group. Elsewhere, the firm acted for Ekuiti Nasional in the acquisition of a majority stake in Flexi Versa Group.
In project development the firm advised HSBC Bank Malaysia on the construction of its new Malaysian headquarters.
The firm underwent a sizeable change in staff with the departures of M&A partner Adzim Amir Hamzah and banking and finance partner Too Ji Voon.
Key clients include Leader Solar Energy, HSBC Bank Malaysia, Malaysia Airports Holdings, Petronas Gas, KPMG, and the Employees Provident Fund Board of Malaysia.
"Partners are prompt, responsive and pro-active. The entire team - in particular the construction advisory team - is commendable, as they have a good understanding of the construction industry and advise on the construction and consultancy contracts well. They generally responded within the timelines given and were willing to have meetings/rearrange their meeting schedules for this deal." – Banking and finance
"Industry knowledge depth is commendable, exposure to ongoing deals in the marketplace and etc. Legal framework coverage is extensive, leaving client feeling pretty much covered legally." - M&A
"Professional, efficient and provides good representation." - M&A
"They are particularly good in oil and gas-related project development and M&A. They know what they are talking about and have their hands on the pulse of the oil and gas sector in Malaysia." - Project development
"Impression is really good. In particular, we appreciate direct communication, immediate answers and advice focused on business aspects and practice, not only legal perspective." - Project development
Fariz Abdul Aziz
"He is very in tune with the oil and gas industry and is a capable lawyer."
"He has particular expertise in oil and gas development and M&A work. We highly regard him and view him as the lawyer of choice in the oil and gas space in Malaysia."
"Fariz is the main contact for corporate work and is very experienced across many industries. No weaknesses to highlight."
"Very efficient and is always on the ball."
Dato' Philip Chan
"Infinite patience in negotiating the terms in the Sale and Purchase Agreement which was understandably tried on tight negotiating points."
She is very responsive and makes it easy to deal with the various practices within the firm."
Sim Miow Yean
"Excellent and efficient."
A boutique firm specialising in M&A and capital markets, Teh & Lee caters to clients from Malaysia and China.
Notable M&A work in the past year includes advising Kretam Holdings in the acquisition of its shares by Hap Seng Plantations Holdings; and acting for Wang-Zheng in a mandatory takeover offer by Hengan International Group.
Capital markets highlights include working for S&P International Holding in its HKSE listing and global offering; and conducting due diligence for All Cosmos Bio-Tech Holding on its IPO and listing on the Taiwan Stock Exchange (TWSE).
Wong & Partners is recognised for quality work in M&A.
In banking and finance the firm advised Maybank Investment Bank and CIMB Investment Bank on the issue of medium term sukuk for the construction and rehabilitation of water treatment projects by BEWG and the State Government of Terengganu.
A highlight M&A deal saw the firm advising Touch 'N Go on a joint venture with the Ant Financial Services Group. The firm also advised China Galaxy International Financial Holdings on its partial acquisition of CIMB Securities International.
The firm welcomed two new partners to its project development team – Siaw Wan Lim from Christopher & Lee Ong and Janice Tay from Skrine.
Key clients include Maybank Investment Bank, Asian Development Bank, Press Metal Aluminium Holdings, and S P Setia.
"Happy with the service. Has capability to advise and provide recommended solutions. Easily understands our concern and requirements." – Banking and finance
"Excellent technical knowledge, strong level of service and good business acumen." – M&A
"Wong & Partners have very up-to-date knowledge and understanding of the law in the area of their expertise with ability to generate legal options and solutions for us to close the projects under negotiation." - Project development
Wong Beh & Toh is highly regarded for its capital markets practice.
Key deals include advising Box-Pak on a proposed renounceable rights issue; and acting for Wegmans Furniture Industries in its IPO and listing on Bursa Malaysia’s ACE Market.
M&A highlights include assisting Farlim Group on the acquisition of the entire equity interest in MH Consortium.
Staffing changes saw Chin Lit Fwu from TAHPS Group join the firm while partner Melody Khor Seek Win left the practice.
A member of legal services network Meritas, Zain & Co has a diversified financial and corporate practice with experience in banking and finance, M&A, capital markets and project development.
The banking team worked on mandates including regulatory matters, project finance and loans.
In the projects space, one highlight mandate saw the firm acting for the Rajawali Group of Companies in the proposed developments of a six-star luxury resort and the Langkawi International Convention Centre. Another notable deal saw the firm assisting Permodalan Hartanah in development of a new medical centre in Damansara.
A staffing change saw Hasniza Ahmad Hassan leave the M&A team.
Key clients include PRPC Utilities and Facilities and Chemical Company of Malaysia.
"I found it to be very experienced, responsive and knowledgeable. It was a wonderful representation of calm preparedness during what became a lengthy and tenacious negotiation. Negotiated with integrity and successfully achieved commercial objectives, super prompt service, initiating workable commercial solutions by thoroughly understanding the context of the transaction." – Project development
Zul Rafique & Partners is a top-tier law firm with particular strength in banking and finance and capital markets.
The firm’s banking offering includes providing advice on Islamic financing, cross-border financing, offshore lending, international issuance of debt instruments, corporate debt rescheduling, domestic and offshore syndication and project financing. In a high-value mandate, the firm advised Maybank Investment Bank on granting a syndicated senior multicurrency term loan facility to SapuraKencana.
The capital markets team advises on an array of matters including initial public offerings, local and foreign placements, rights issues, private placements and other fund-raising exercises such as the creation and issuance of corporate securities and hybrid securities. A recent eye-catching deal saw the firm act for Maxis on a private placement of new ordinary shares to both domestic and international investors.
On the M&A side, the firm took on work in sectors such as real estate, infrastructure, construction and telecommunications and technology. An interesting example saw the firm assist CCCG Overseas Real Estate in its subscription of shares in WCT Precious Development.
In the projects space, the firm has a special focus on handling land-related transactions for corporate clients. A noteworthy mandate saw the firm advising TRX City, a repeat client, on the sale of land to HSBC for the proposed development of HSBC’s Malaysia TRX headquarters.
Key clients include TRX City, Maybank Investment Bank, Genting, MIDF Amanah Investment Bank, MEASAT Broadcast Network Systems, the Al Rajhi family of Saudi Arabia and Maxis.