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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Azmi & Associates Welcomes New Partner for Shipping, Litigation & Arbitration Practice Group

February 2015. Press Releases by Azmi & Associates (view listing).

Azmi & Associates is pleased to announce the addition of Philip Teoh to the Shipping, Litigation & Arbitration Practice Group, effective 12 January 2015.

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Azmi & Associates advises on Biodiesel Plant Acquisition

October 2014. Press Releases by Azmi & Associates (view listing).

Azmi & Associates recently advised Felda Global Ventures Holdings Berhad (‘FGVH') in a corporate transaction via its subsidiary, Felda Global Ventures Downstream Sdn. Bhd. (‘FGVD') in a joint venture agreement involving two other parties namely M2 Capital Sdn Bhd. (‘M2 Capital') and Benefuel International Holdings S.A.R.L. (‘Benefuel') which is a subsidiary of Benefuel US, through which an SPV will be incorporated to acquire a biodiesel plant. The JV company has agreed to acquire a biodiesel plant ("Plant") located at Gebeng, in the East Coast of Peninsular Malaysia from Mission Biofuels Sdn. Bhd. (‘MBSB') for a USD twenty two million and five hundred thousand (USD 22,500,000.00) (‘Plant Acquisition') under a Plant Purchase Agreement. The shareholding of FGVD, M2 Capital and Benefuel in the JV Company shall be 60% for FGVD, 20% for M2 Capital and 20% for Benefuel. The estimated project cost for the proposed joint venture including the Plant Acquisition, licensing costs, purchase of catalyst, refurbishment and retrofit shall be USD forty seven million and five hundred thousand (USD 47,500,000.00). The nature of business of the JV Company shall be manufacturing and producing biodiesel using the retrofitted Plant and other ancillary activities. 

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Azmi & Associates advises on Biodiesel Plant Acquisition

September 2014. Press Releases by Azmi & Associates (view listing).

Azmi & Associates recently advised Felda Global Ventures Holdings Berhad (‘FGVH') in a corporate transaction via its subsidiary, Felda Global Ventures Downstream Sdn. Bhd. (‘FGVD') in a joint venture agreement involving two other parties namely M2 Capital Sdn Bhd. (‘M2 Capital') and Benefuel International Holdings S.A.R.L. (‘Benefuel') which is a subsidiary of Benefuel US, through which an SPV will be incorporated to acquire a biodiesel plant. The JV company has agreed to acquire a biodiesel plant ("Plant") located at Gebeng, in the East Coast of Peninsular Malaysia from Mission Biofuels Sdn. Bhd. (‘MBSB') for a USD twenty two million and five hundred thousand (USD 22,500,000.00) (‘Plant Acquisition') under a Plant Purchase Agreement. The shareholding of FGVD, M2 Capital and Benefuel in the JV Company shall be 60% for FGVD, 20% for M2 Capital and 20% for Benefuel. The estimated project cost for the proposed joint venture including the Plant Acquisition, licensing costs, purchase of catalyst, refurbishment and retrofit shall be USD forty seven million and five hundred thousand (USD 47,500,000.00). The nature of business of the JV Company shall be manufacturing and producing biodiesel using the retrofitted Plant and other ancillary activities.

 

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Azmi & Associates advises on Aviation Bid

September 2014. Press Releases by Azmi & Associates (view listing).

Azmi & Associates, in collaboration with another international law firm, has recently advised a local aviation company in a tendering process with [Australian government] for the provision of [aeromedical support services covering the southern part of Australia]. This bid exercise was taken via a Joint Venture [JV] arrangement between the local aviation company and an Australian organization, whom was advised by an Australian law firm. Both JV partners have committed a certain amount of [aircrafts] for this bid exercise. The value of the tender award is reported to be approximately in excess of USD 500 million for a period of 10 years. Azmi & Associates' depth of expertise in the aviation industry is expanding. Amongst other aviation deals handled by Azmi & Associates are aircraft financing, aircraft leasing and many more.

 

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AZMI & ASSOCIATES IN THE AVIATION INDUSTRY

July 2014. Press Releases by Azmi & Associates (view listing).

Azmi & Associates, in collaboration with another international law firm, has recently advised a local aviation company in a tendering process with [Australian government] for the provision of [aeromedical support services covering the southern part of Australia]. This bid exercise was taken via a Joint Venture [JV] arrangement between the local aviation company and an Australian organization, whom was advised by an Australian law firm . Both JV partners have commited a certain amount of [aircrafts] for this bid exercise. The value of the tender award is reported to be approximately in excess of USD 500 million for a period of 10 years.

Azmi & Associates' depth of expertise in the aviation industry is expanding. Amongst other aviation deals handled by Azmi & Associates are aircraft financing, aircraft leasing and many more.

Partner, Rosinah Mohd Salleh, led this exercise and was assisted by a team of solicitors.

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Azmi & Associates advises on the Privatisation of Ingress Corporation Berhad

August 2013. Press Releases by Azmi & Associates (view listing).

Azmi & Associates recently acted as legal counsel to 3 Joint Offerors in respect of the conditional take-over offer to acquire all the remaining ordinary shares of RM1.00 each in Ingress Corporation Berhad ("Ingress") ("Ingress Shares") not already owned by the Joint Offerors ("Offer Shares") for a cash offer price of RM1.85 per Offer Share ("Offer"). The cost of acquisition of the Offer Shares is RM109,588,820.

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Azmi & Associates acted as the Malaysian Counsel for Vantage Drilling Company

January 2013. Press Releases by Azmi & Associates (view listing).

Azmi & Associates recently acted as the Malaysian counsel for Vantage Drilling Company, a listed oil & gas company from Texas, USA in connection to a fund raising exercise of USD 1.15 billion for which some of the collaterals involved were receivables in Malaysia .

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Felda Global Ventures IPO: Second Largest Global IPO

July 2012. Press Releases by Azmi & Associates (view listing).

"Azmi & Associates has advised Felda Global Ventures Holdings Bhd (FGVH) as co-solicitor, with another Malaysian law firm, in respect of its public listing at the Main Board of the Malaysian stock exchange.

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Law firms Azmi & Associates and Jeff Leong, Poon & Wong enter into a Strategic Alliance

January 2012. Press Releases by Azmi & Associates (view listing).

Law firms Azmi & Associates and Jeff Leong, Poon & Wong enter into a Strategic Alliance to Extend Better High End Corporate Commercial Legal Services for the Domestic Malaysian and Regional South East Asian Markets.

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Legal Developments by:
Azmi & Associates

  • Malaysian Corporations Making Headway in the Global M&A Scene

    Malaysian companies continue to make waves internationally by acquiring large companies abroad. Leveraging on the European debt crisis and the weak dollar, these companies have boldly made their mark on a global scale with impressive deals. Cross-border acquisitions are increasing trend in the Asian economic hot spots, with companies in China and India spearheading it. The consistently strong uptrend in foreign acquisitions and the increasing success of the same by China and India for the past few years has spurred growing interests of Southeast Asian companies to extend their reach to other continents.
    - Azmi & Associates

Legal Developments in Malaysia

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