Next Generation Partners

Banking and finance in Malaysia

Adnan Sundra & Low

Adnan Sundra & Low‘s practice regularly advises both lenders and borrowers on debt and structured finance; it has a strong track record of negotiating and structuring complex financial structures, both conventional and Islamic. Deepak Sadasivan, who has experience in project finance, recapitalisations and loan facilities, jointly leads the team with capital markets expert Adrian Chee and Putri Norlisa, who is recommended for debt securities financing and Sukuk issuances. Up-and-coming partner Jennifer Lee is noted for her work in banking and project finance transactions, including asset-backed securitisation transactions and other structured finance transactions.

Testimonials

‘Customised solutions, a wealth of domestic experience and knowledge.’

‘Dedicated, sound advice and good to have in your corner.’

Key clients

Maybank Investment Bank Berhad

Merrill Lynch (Singapore) Pte Ltd

CIMB Investment Bank Berhad

Hong Leong Investment Bank Berhad

OCBC Al-Amin Bank (Malaysia) Berhad

HSBC Amanah Malaysia Berhad

AmInvestment Bank Berhad

United Overseas Bank (Malaysia) Bhd

RHB Investment Bank Berhad

Kerian Solar Sdn Bhd

Synthomer plc

Credit Suisse Securities (Malaysia) Sdn Bhd

Credit Suisse (Singapore) Limited

JPMorgan Securities (Malaysia) Sdn Bhd

UBS Securities Malaysia Sdn Bhd

UBS AG, Singapore Branch

Kenanga Investment Bank Berhad

AmBank Islamic Berhad

AmBank (M) Berhad

Citigroup Global Markets Limited

Hongkong and Shanghai Banking Corporation Limited

Malayan Banking Berhad

MUFG Securities Asia Limited

Work highlights

  • Advised Maybank Investment Bank Berhad on Islamic medium term notes programme of RM10.0bn in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar by Bank Kerjasama Rakyat Malaysia Berhad via a special purpose company, Imtiaz Sukuk II Berhad.
  • Advised Merrill Lynch Singapore, Citigroup, HSBC, Maybank and MUFG on PETRONAS Capital Limited’s $6bn bonds issuance.
  • Advised (i) CIMB Investment Bank Berhad, (ii) Hong Leong Investment Bank Berhad and (iii) OCBC Al-Amin Bank (Malaysia) Berhad on Perpetual Sukuk Wakalah Programme of up to RM3bn by TG Excellence Berhad.

Albar & Partners

Albar & Partners‘ broad banking and finance offering sees the team regularly advising local and international financial institutions, including investment banks, commercial banks and insurance companies, as well as borrowers. Key areas of expertise include corporate and syndicated lending, Islamic finance, asset finance, project finance, leveraged and acquisition finance and restructuring and refinancing. Lily Tan Chea Li is highly experienced in complex structured finance, project finance and Sukuks, and Chung Swee Loong has a strong track record advising on Islamic finance structures. Both head the practice together with Sharifah Dalilah Albar, whose experience includes cross-border and offshore financing, as well as Sukuk programme.

Key clients

AmBank (M) Berhad/AmInvestment Bank Berhad

CIMB Bank Berhad/CIMB Investment Bank Berhad

Hong Leong Bank Berhad/Hong Leong Investment Bank Berhad

Leong Hup International Berhad

Malayan Banking Berhad/Maybank Investment Bank Berhad

MR D.I.Y. Group (M) Berhad

MMC Corporation Berhad

OCBC Al-Amin Bank Berhad

RHB Bank Berhad/RHB Investment Bank Berhad

Top Glove Corporation Berhad

Work highlights

  • Advised AmInvestment Bank Berhad in the syndicated term financing-i Facilities of up to RM620m obtained by TSSA Harta Sdn Bhd.
  • Advised Sumitomo Mitsui Banking Corporation Malaysia Berhad on the term loan facility of up to RM600m granted in favour of Maxis Broadband Sdn. Bhd.
  • Advised Malayan Banking Berhad and Danajamin Nasional Berhad on the term loan facility of RM200m granted to Berjaya Corporation Berhad under the Danajamin Prihatin Guarantee Scheme.

Rahmat Lim & Partners

The banking and finance at Rahmat Lim & Partners handles a broad variety of domestic and cross-border lending, ranging from unsecured bilateral loans to complex syndicated transactions. The group regularly acts for Malaysian and international financial institutions as well as public and private corporations, handling asset financing, structured financing and debt restructuring transactions. Other core strengths include acquisition and leveraged financing, financial services regulatory and fintech. Team lead Wan Kai Chee has a broad practice spanning restructurings, capital reductions, foreign investment and fund and collective investment scheme formation. Managing partner Azman bin Othman Luk focuses on banking and finance transactions, and also advises on financial and capital markets regulation.

Practice head(s):

Wan Kai Chee 

Testimonials

‘Reliable, crisp and on-point not only in legal issues but other aspects such as commercial and operational. ’

‘Azman Luk – very knowledge, passionate about his work and hands-on in all the assignments given to the team led by him.’

‘They are able to think out of the box in the ever-changing environment. The firm is excellent especially in leverage financing, whereby it is able to combine two levels of financing by different borrowers in the same document. It has also been involved in a number of sustainable financing transactions‘.

 

Syed Rashid – very patient, resourceful and always ready to advise on any legal issues. ’

Key clients

C.P. Retail Development Company Limited

Sapura Energy Bhd, Sapura TMC Sdn. Bhd

JP Morgan Chase Bank

Infrasar Ventures Sdn. Bh

Infrasar Ventures Dua Sdn. Bhd

United Overseas Bank Limited

OCBC Al-Amin Bank Berhad

HSBC Amanah Malaysia Berhad

Maybank Islamic Berhad

StarHub Ltd

Sumitomo Mitsui Banking Corporation, Labuan Branch

ICG Asia Pacific Fund IV.

Work highlights

  • Advised C.P. Retail Development Company Limited (“Borrower”) as Malaysian counsel in respect of the multi-currency term loan facilities of up to $4bn granted by various financial institutions as original lenders, inter alia, to finance the proposed acquisition of all the issued shares in Tesco Stores (Malaysia) Sdn. Bhd.
  • Advised Sapura Energy Bhd’s wholly-owned unit Sapura TMC Sdn. Bhd. in relation to the structuring of multi-currency financing amounting to over MYR10.3bn to refinance its existing borrowings. The financing included the grant of two new term loan facilities under a new facilities agreement, and a further issuance of unrated sukuk murabahah under the Multi-Currency Sukuk Programme announced in 2015.
  • Advised JP Morgan Chase Bank, N.A. and other finance parties in respect of a senior secured term loan B facility led by JPMorgan Chase Bank, N.A.. The term loan B facility was granted to Grab, a Southeast Asian ride-hailing and food delivery company.

Shearn Delamore & Co

Shearn Delamore & Co handles a broad range of financing transactions including Islamic finance, structured and project finance and debt capital markets transactions. The practice is, however, best known for its regulatory advisory practice, with considerable experience in laws governing securities, financial services, foreign exchange administration and the regulation of derivatives. Christina Kow is recognised for her notable knowledge of financial institution regulation and her transaction experience. She also has a growing practice in the fintech and regtech space, advising on structures involving cryptocurrencies, electronic payments and electronic platforms.  Pamela Kung  is a go-to name for acquisition financing and structured lending, frequently handling bilateral and syndicated lending transactions.

Practice head(s):

Christina Kow

Other key lawyers:

Pamela Kung

Key clients

OCBC Bank (Malaysia) Berhad

OCBC Al-Amin Bank Berhad

AmBank Islamic Berhad

AmBank (M) Berhad

HSBC Bank Malaysia Berhad

HSBC Amanah Malaysia Bank Berhad

CIMB Bank Berhad

CIMB Islamic Bank Berhad

Standard Chartered Bank Malaysia Berhad

Standard Chartered Saadiq Berhad

Kenanga Investment Bank Berhad

Malayan Banking Berhad

Maybank Islamic Berhad

MIDF Amanah Investment Bank Berhad

Bank of China (Malaysia) Berhad

BNP Paribas S.A.

Standard Chartered PLC

The Hongkong and Shanghai Banking Corporation Limited

Oversea-Chinese Banking Corporation Limited

CIMB Bank Berhad, Singapore Branch

United Overseas Bank Limited

Malayan Banking Berhad, Singapore Branch

Cainiao KLIA Aeropolis Sdn Bhd

Ekovest Berhad

Iskandar Waterfront Sdn Bhd

Malakoff Corporation Berhad

IJM Corporation Berhad

SP Setia Berhad

Paramount Corporation Berhad

Country Garden Real Estate Sdn Bhd

Country Garden Pacificview Sdn Bhd

ZJ Advisory Sdn Bhd

RHB Investment Bank Berhad

CIMB Investment Bank Berhad

Gas Malaysia Distribution Sdn Bhd

Cahya Mata Sarawak Berhad

Mega First Corporation Berhad

CapitaLand Malaysia Mall Trust

Work highlights

  • Acted for the lead arranger RHB Investment Bank Berhad on the Islamic medium-term notes programme and Islamic commercial papers programme of a combined issuance limit of up to RM1bn (collectively, Sukuk Murabahah Programme) by Gas Malaysia Distribution Sdn Bhd.
  • Acted for the lender OCBC Bank (Malaysia) Berhad on the term loan facilities of up to RM100m granted to MFP Solar Sdn Bhd, for part financing the project costs in relation to the development, design, finance, installation, construction, commission, operation and maintenance of rooftop solar plant(s).
  • Acted for Cainiao KLIA Aeropolis Sdn Bhd on the term loan facility of up to RM210m granted by China Construction Bank (Malaysia) Berhad, for financing, inter alia, part of the project costs in relation to the development and construction of a logistics center known as the “Cainiao Aeropolis eWTP Hub” in Kuala Lumpur International Airport Malaysia.

Wong & Partners

Wong & Partners stands out in the market for its cross-border finance offering; it is a top choice for navigating complex and innovative structures across jurisdictions. The team also advises large domestic lenders on transactions as well as banking operations, products and services roll-outs and regulatory compliance. Department head Mark Lim focuses his practice on both conventional and Shariah-compliant financing for acquisitions and refinancing. Esther Chik is noted for her track record of handling high-value corporate and acquisition financing in the real estate and renewable power sectors.

Practice head(s):

Mark Lim

Other key lawyers:

Esther Chik

Testimonials

‘The team at Wong & Partners has been responsive and efficient in working towards completion of our matter.’

‘Very good knowledge of renewable energy tenders in Malaysia and very experienced in the field of project financing. ’

Well versed and familiar with the banks. Able to bridge the gap between lender and customer and find a solution or compromise‘.

‘Mark Lim, a very competent partner and always available and open for our concerns.’

‘The banking and finance team have been with the firm for some time and have a lot of experience in dealing with banking transactions. The team makes the effort to understand the client’s business and requirements. ’

‘They are knowledgeable and commercial in their dealings. ’

Mark Lim is our go-to partner. He is always accessible, commercial minded and innovative, and is full of ideas and suggestions for solutions‘.

Key clients

Press Metal Aluminium Holdings Berhad

S P Setia Berhad

DRB-HICOM Berhad

Maybank Group (Malayan Banking Berhad, Maybank Investment Bank Berhad, Maybank Islamic Berhad, Maybank International)

CIMB Group (CIMB Bank Berhad, CIMB Investment Bank Berhad

Sime Darby Plantation Berhad

ib vogt Gmbh

Work highlights

  • Represented Maybank Investment Bank Berhad as the principal adviser and lead arranger in connection with Guan Chong Berhad’s inaugural establishment of an Islamic medium-term notes programme of up to MYR800m in nominal value under the Shariah principle of Wakalah Bi Al-Istithmar and issuance of Islamic medium-term notes.
  • Acted as Malaysian law counsel to a syndicate of international lenders, including JPMorgan Chase Bank, UBS AG and The Siam Commercial Bank Public Company Limited, in connection with the acquisition financing facilities of up to $4bn (or equivalent) granted to C.P. Retail Development Company Limited for the acquisition of all the shares in Tesco Stores (Malaysia) Sdn Bhd and Tesco Stores (Thailand) Limited (Thailand).
  • Advised Coara Marang Sdn Bhd on the term loan facility bank guarantee facility granted by Malayan Banking Berhad.

Zaid Ibrahim & Co (a member of ZICO Law)

Zaid Ibrahim & Co (a member of ZICO Law)‘s banking and finance practice counts domestic and international banks and financial institutions, and borrowers such as corporations, hedge funds and insurance companies as its major clients which it regularly advises on syndicated lending and borrowing, export finance, structured trade finance and aircraft and ship leasing. It is also highly recommended for regulatory advice on the structuring and sale of financial and derivatives products, with an extensive body of risk management experience. Lilian Liew heads the debt capital markets and structured finance practice, jointly managing the overall banking team with Chin Sook Kwan, David Lee and corporate lending-focused Loo Tatt King. King also has notable expertise in aviation finance and leasing.

Testimonials

‘The partners at ZICO are commercial in their advice and are flexible in finding solutions. ’

‘The team is willing to work round the clock to meet short dateline regardless of weekends or holidays and also come up with counter-proposal to resolved issues.’

‘I have worked with Wan San Chow on numerous transactions since 2014 and always turn to her when seeking banking and finance legal advice. As a client, she provides practical and commercial advice which is tailored to be readily understood by all parts of the business whether it be management, the Board or general counsel. She can always be trusted to deliver her advice quickly and efficiently.’

‘Strong in banking and one is assured of good service if Zaid Ibrahim & Co is appointed.’

‘David Lee Kim Meng is recommended on Malaysian law banking matters.’

Key clients

Kenanga Investment Bank Berhad and MTrustee Berhad

Xiang CR18 HK International Ship Lease Co., Limited and Oversea-Chinese Banking Corporation Limited

ING Bank N.V., Singapore Branch

DNB Bank ASA ABN Amro Bank N.V., Oslo Branch Danmarks Skibskredit A/S DVB Bank SE Eksportkreditt Norge AS The Export-Import Bank of China Danske Bank, Norwegian Branch DBS Bank Ltd Eksportfinans ASA The Norwegian Export Credit Guarantee Agency (GIEK) Handelsbanken AB (publ) NIBC Bank N.V. Nordea Bank Abp, filial i Norge SpareBank 1 SMN SpareBank 1 SRBank ASA Sparebanken Møre Swedbank AB (publ)

DNB Bank ASA SpareBank 1 SR-Bank ASA DNB Bank ASA DVB Bank SE DNB Bank ASA

Deutsche Bank AG, Singapore branch

Axiata SPV5 (Labuan) Limited

Dialog Group Berhad

Tenaga Nasional Berhad

Hong Leong Bank Berhad

Maybank Investment Bank Berhad and CIMB Investment Bank Berhad

Standard Chartered Bank (Hong Kong) Limited ; Wilmington Trust (London) Limited; Banque Europeenne Du Credit Mutuel; Lyonnaise De Banque; Credit Industriel Et Commercial; Caisse Regionale De Credit Agricole Mutuel Alpes Provence; Credit Lyonnaise; Natixis; Societe Generale; Societe Marseillaise De Credit; Arkea Banques Enterprises Et Institutionnels; BNP Paribas; Bred Banque Populaire; Caisse Regionale De Credit Agricole Mutuel De Paris Et D’ile De France; Banque Palatine; Banque Populaire Mediterranee; Credit Cooperatif; Bpifrance Financement; Deutsche Bank; Standard Chartered Bank, London Branch; Credit Mutuel Equity Scr, Paris Branch; and Wilmington Trust SAS

Work highlights

  • Acted as Malaysian legal counsel in relation to the $900m sale and leaseback transaction between (1) Genting Dream Limited (the “Charterer”), as charterer, (2) Xiang CR18 HK International Ship Lease Co., Limited, as owner, (3) Sea 172 Leasing Co., Limited, as owner, (4) Compass Shipping 32 Corporation Limited, as owner, (5) Cyber Wave Limited, as owner, (6) Genting Cruise Lines Ship Management Sdn Bhd (the “Manager”), as manager, (7) Genting Hong Kong Limited, as guarantor, (8) Xiang CR18 HK International Ship Lease Co., Limited, as main coordinator and (9) Oversea-Chinese Banking Corporation Limited, as security agent.
  • Advised Tenaga Nasional Berhadin a Sukuk Wakalah which was oversubscribed by approximately 4 times from the initial issue size of RM2.0bn, with orders received amounting to an aggregate of RM7.82bn from over 47 accounts. The transaction was subsequently upsized from initial issue size of RM2.0bn to RM3.0bn, upon book closing.
  • Acted as the Malaysian legal counsel for a consortium of lenders on the issuance of bonds amounting to an aggregate amount of up to €424.7m by the Bourbon Group which are secured by, among others, 93 vessels mortgages, in which 10 vessels are flagged in Malaysia.

Zul Rafique & Partners

Zul Rafique & Partners‘ team of banking and finance lawyers has extensive expertise in conventional and Islamic financing transactions, and is consequently well-equipped to provide transactional and regulatory support to financial institutions and to borrowers including multinationals and domestic public companies. Recent caseloads include offshore lending, domestic and offshore syndication, asset-backed securitisation, project financing and corporate debt rescheduling. Loh Mei Mei is recommended for conventional and Islamic financing transactions in Malaysia; she jointly leads the team with corporate banking specialists Kung Suan Im and Ashela Ramaya and Chan Kwan Hoe.

Other key lawyers:

Celine Rangithan

Testimonials

‘Very good teamwork. Efficient and very responsive. ’

‘Attentive and very responsive. Always willing to go above and beyond to assist the client. Able to provide reasonable alternatives to resolve issues. Good coordination and systematic in their approach. ’

Key clients

Maxis Berhad, Astro Malaysia Holdings Berhad, Measat Satelite Systems Sdn Bhd

Standard Chartered Bank Group (Standard Chartered Bank (Malaysia) Berhad, Standard Chartered Saadiq Berhad)

Maybank Group (Maybank Investment Bank Berhad, Maybank Islamic Berhad, Malayan Banking Berhad, Maybank International (L) Ltd, other Malayan Banking Berhad branches, ie China, Ho Chi Minh City, Hanoi)

Bank of China (Malaysia) Berhad

Affin Group (Affin Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Islamic Bank Berhad)

HSBC Group (HSBC Bank Malaysia Berhad, HSBC Amanah Malaysia Berhad)

CIMB Bank Group (CIMB Bank Berhad, CIMB Islamic Bank Berhad, CIMB Investment Bank Berhad, CIMB Bank (L) Ltd)

OCBC Group (OCBC Bank (Malaysia) Berhad, OCBC Al-Amin Berhad, Oversea-Chinese Banking Limited Corporation, Labuan Branch)

Genting Berhad

RHB Group (RHB Bank Berhad, RHB Investment Bank Berhad, RHB Islamic Bank Berhad, RHB Bank (L) Ltd)

MIDF Group (MIDF Amanah Investment Bank Berhad, MIDF Investment Bank Berhad)

Bank Islam Malaysia Berhad

Bank Kerjasama Rakyat Malaysia

Cathay United Bank

Natixis

ING Bank N.V. (Labuan)

Bahrain Mumtalakat

Allied Irish Bank PLC

Work highlights

  • Advised RHB Investment Bank Berhad on the establishment of perpetual Sukuk Musharakah programme of up to RM1.0bn in nominal value by PESTECH International Berhad for, inter alia, refinancing of existing financing/borrowing, capital expenditure, working capital and general corporate purposes.
  • Advised Maybank Investment Bank Berhad and CIMB Investment Bank Berhad on Sapura TMC Sdn Bhd’s refinancing exercise coordinated by Maybank Investment Bank Berhad and CIMB Investment Bank Berhad comprising a multi-currency conventional facilities of up to RM3.4bn and issuance of Sukuk Murabahah under an existing Multi-Currency Sukuk Programme of up to RM7m.
  • Advised Maybank Investment Bank Berhad, CIMB Investment Bank Berhad and Public Investment Bank Berhad on the revisions to the Islamic mediumterm notes programme of RM4.5bn in nominal value established by Sime Darby Property Berhad to permit the issuance of ASEAN Sustainability SRI Sukuk Musharakah.

Christopher & Lee Ong

Christopher Lee and Fiona Sequerah jointly head the banking and finance practice group at Christopher & Lee Ong which, as a member firm of Rajah & Tann Asia with a geographical reach encompassing South Asia and across the Asia Pacific, is instructed on large domestic and cross-border transactions including project financing, syndicated and bilateral lending, securitisation, aircraft and asset financing, restructuring and insolvency.  It handles a full range of borrower-side advisory matters to multinational and major domestic companies, with core sector strengths in energy, aerospace, construction, healthcare and technology.

Other key lawyers:

Chor Jack

Testimonials

A thoroughly competent team with great expertise. Willing to invest the time and energy with a real commercial acumen – forming a true partnership with clients‘.

Very professional, efficient, and with good engagement be it for a transaction or to maintain a good business relationship‘.

Jack Chor has amazing commercial acumen with the willingness to explore all possibilities and outcomes to get a deal across the line. Never met a finer lawyer‘.

Key clients

Hong Leong Group

MUFG Bank Singapore

Malayan Banking Berhad

Mizuho Bank (Malaysia) Berhad

UOB Kay Hian Pte Ltd

Cagamas Berhad

Hanwha Energy Corporation

Scatec Solar

Lee Hishammuddin Allen & Gledhill

The banking and finance practice at Lee Hishammuddin Allen & Gledhill is highly active in advising both lenders and borrowers on domestic and cross-border lending, with a particularly strong offering for Malaysian banks lending to foreign companies. Other key areas of work include syndicated loans and club deals, project finance, asset finance, equipment financing and leasing, bankruptcy and restructuring. The department houses specialists in Islamic finance, who advise on Syariah-compliant financing and transactions in overseas currency. Group head Tay Weng Hwee is recommended for debt issuances, mezzanine financing and financial restructuring matters. Bella Chai Yee Chu is also recommended for her expertise in the real estate industry which she advises on various real estate project financing matters.

Practice head(s):

Tay Weng Hwee

Key clients

Bank Pembangunan Malaysia Berhad

Affin Hwang Investment Bank Berhad

Maybank Islamic Berhad

A syndicate of lenders consisting of Bank Pembangunan Malaysia Berhad, AmBank (M) Berhad, RHB Bank Berhad, CIMB Bank Berhad, Malayan Banking Berhad, OCBC Bank (M) Berhad, United Overseas Bank (Malaysia) Berhad, Malaysian Industrial Development Finance Berhad, Bank of America, Deutsche Bank and DBS Bank

Work highlights

  • Advised state-owned development finance entity Bank Pembangunan Malaysia Berhad as the Issuer of a medium-term notes programme of up to MYR5bn in nominal value based on the Shariah principle of Wakalah Bi Al-Istithma.
  • Advised Maybank Islamic Berhad in relation to the structuring and drafting of standard Islamic hedging documentation used by Maybank Islamic for its Islamic profit rate options product and Maybank Islamic’s master Islamic sale and buyback product.

Shook Lin & Bok

Shook Lin & Bok has considerable experience across a wide variety of banking and finance transactions including project and asset financing, cross-border and domestic syndicated financing, offshore loan transactions in foreign currencies and credit documentation and trade financing. Debt restructuring is an area of particular strength, with the department housing a dedicated team of lawyers. Jalalullail Othman specialises in corporate finance; he jointly heads the team with Ivan Ho Yue Chan and Khong Mei Lin, whose practices focuses on debt restructuring and the sale of non-performing loans.

Other key lawyers:

Hoh Kiat Ching

Key clients

Prokhas Sdn Bhd

Syarikat Jaminan Pembiayaan Perniagaan Berhad

Malayan Banking Berhad

OCBC Bank (Malaysia) Berhad

Hong Leong Bank Berhad

RHB Bank Berhad

CIMB Bank Berhad

Skrine

Led by Theresa Chong, Skrine‘s practice predominantly advises lending clients and the team has broad knowledge and experience of conventional and Islamic finance, fintech,  syndicated loan, term loan facilities and foreign exchange control regulations. Disputes specialist Claudia Cheah has over 20 years of experience acting in banking and finance litigation, often involving substantial monetary claims, as well as in restructuring and insolvency cases. The department regularly represents banks, financial institutions, corporations and corporate borrowers based in Malaysia in litigation.

Testimonials

‘Skrine is very resourceful and draws on a wide network of experts. It provides practical advice and solutions for the client and not “law textbook” solutions. ’

The team is always available and reliable to deliver quality output or recommendation despite demanding datelines. We value Skrine’s proactivity and absolute dedication to act in the client’s best interest. Recommendations put forward by Skrine is always well thought through and balanced (practical, with supporting evidence or cases), such facilitate a fast and effective decision by the Bank. It is a committed team that we can count on for their effectiveness and efficiency‘.

‘Claudia Cheah – very responsive, fast-thinking, insightful and connects very well with her clients making all of them feel very comfortable. Very approachable, reliable and experienced in offering practical solutions.’

Oon Hooi Lin – very experienced, very responsive and committed to providing quality deliverables with short turnaround times.’

‘Claudia Cheah Pek Yee will study a case from all angles and strategise the best approach (especially for combative defendants). She is very hands-on in preparation for trial and will go through all the possible scenarios with the client.’

‘Skrine’s Banking & Finance practice is well-structured and is quick to adapt to technology. Banking & Finance work are often voluminous so a timely update in a manner which is scalable and easy to consume is important for finance companies. The team is eager to collaborate with our in-house legal team in utilising a real-time online update system we have introduced to them to update all the legal suits within their care. They also bill reasonably and for the service they have provided us, it is good value for money.’

‘Claudia Cheah Pek Yee is very responsive to client needs and is generous and detailed in her advice. She is meticulous in her work and has an in-depth knowledge of banking and finance matters. Claudia has successfully argued cases on behalf of the company where the fintech law is unsettled.’

Key clients

CIMB Bank Berhad

Hong Leong Bank Group

The Bank of Nova Scotia Berhad

Maybank Group

HSBC Group

Danajamin

Export-Import Bank of Malaysia Berhad (EXIM Bank)

Union des Banques Arabes et Francaises, Singapore branch

Bank of China (Malaysia) Berhad

Public Bank Berhad

Felda

Sysco Corporation

Agrobank

Work highlights

  • Acted for CIMB Bank Berhad as lenders’ Malaysian counsel in relation to a RM100m sustainability-linked loan (SLL) in the form of a revolving credit facility from CIMB Bank Bhd to Sarawak Energy Berhad.
  • Acted for Union des Banques Arabes et Francaises in two suits involving negotiable instruments drawn by Agritrade International Private Ltd pursuant to export-import transactions for oil between Agritrade as the seller and two Malaysian companies as the buyers.
  • Acted for Malayan Banking Berhad in a series of matters involving Kumpulan Liziz Sdn Bhd and its contract awarders, with combined claim value of RM200m.

Zain & Co

The baking and finance team at Zain & Co, led by Zain Azlan Zain Azahari, acts for financial institutions, public and private corporate borrowers on conventional and Islamic finance transactions. The practice’s expertise includes corporate banking, project and acquisition financing, bilateral financing and syndicated loan facilities and financial institutions regulations. Zain Azrin Zain Azahari and Zainal Azlan Abdul Kadir are the key names to note.

Practice head(s):

Zain Azlan Zain Azahari

Key clients

The Tat Hong group of companies

DBS Bank Ltd, Singapore

RHB Bank (L) Ltd

Work highlights

  • Advised the Tat Hong group of companies and specifically its Malaysian associate companies in respect of new supplemental agreements to existing principal financing documents.
  • Provided DBS Bank Ltd, Singapore with foreign legal opinion on the enforceability of Singaporean Law governed security documents from Malaysian law perspective.

Abdullah Chan & Co

Abdullah Chan & Co advises financial institutions and corporates on acquisition, property and asset financing. Aviation financing is a particular area of strength. Vincent Chan, Gopal Sundaramand Shelina Razaly Wahi head the team.

Chooi & Company and Cheang & Ariff

Chooi & Company and Cheang & Ariff advises on a range of domestic, offshore and cross-border banking matters, encompassing both conventional and Islamic financing. Recent instructions include real estate acquisition and REIT financing, banking regulations and compliance, equity financing and trade finance. Adriel Lau Jin Son advises domestic and international banks on transactions including syndication, project finance and offshore loans and has particular expertise in advising corporate clients on the acquisition and financing of aircraft.

Practice head(s):

Adriel Lau Jin Son 

Other key lawyers:

Evelyn Chan Cher Yeen

Key clients

Al Rajhi Banking & Investment Corporation (Malaysia) Berhad

OCBC Bank (Malaysia) Berhad

Malayan Banking Berhad

RHB Bank Berhad

Work highlights

  • Advised OCBC Bank (Malaysia) Berhad on the revolving credit facilities of up to RM125m for the acquisition of shares in Yee Lee Corporation Berhad.

Mohamed Ridza & Co

The banking and finance practice at Mohamed Ridza & Co acts for a varied roster of clients including financial institutions, borrowers, lessees, property developers and purchasers on commercial financing and real estate transactions. Mohamed Ridza Abdullah is well-known for projects and corporate work; Abdullah jointly heads the team with Naseem Mohamed Abdulla, who joined from Shahrizat Rashid & Lee and is a key name for Islamic financing and for issues involving capital markets and securities law. Sharifah Shafika binti Syed Abbas Alsagoff departed to Skrine in November 2020.

Other key lawyers:

Shazana Abdul Aziz 

Testimonials

The practice works efficiently and is well organised‘.

Key clients

MBSB Bank Berhad

Work highlights

  • Advising MBSB Bank Berhad on the conversion of its existing conventional loans to Islamic facilities.

Raja, Darryl & Loh

Raja, Darryl & Loh stands out in the market for the team’s experience in aviation finance and fintech; it regularly handles aircraft sale and purchase and aircraft leasing, financing and securitisation transactions. In the area of fintech, it advises on digital banking, cross-border payment solutions and payment systems, and has seen recent growth in work involving micro-financing delivered online and on setting up peer-to-peer financing platforms. Chong Kok Seng and Chong Mei Mei are recommended for aircraft finance and fintech, respectively.

Practice head(s):

Chew Phye Keat

Other key lawyers:

Chong Kok SengChong Mei Mei

Key clients

MAA Group Berhad

Capsphere Sdn Bhd

Work highlights

  • Advised the lenders which was a consortium of eight international banks, from a Malaysian law perspective, on credit facilities amounting to $520m extended to six borrowers incorporated in Singapore for the acquisition of assets.
  • Advised A leading aircraft leasing and management company on the financing and securitisation for an Airbus aircraft.
  • Advised a Malaysian bank on an arrangement with an approved peer-to-peer (P2) financing platform operator that will expedite and facilitate the financing of asset acquisitions by small and medium enterprises (SMEs) in Malaysia.

Tay & Partners

Tay & Partners acts for clients including local and international banks, investment banks, credit companies, Islamic financial institutions and other money-lending institutions. Although the practice predominantly advises lenders, it also assists with borrower-side work. It handles structured finance and securitisations, debt restructuring, financial services regulatory matters. Team lead Chang Hong Yun is the main contact.

Practice head(s):

Chang Hong Yun

Key clients

Ambank (M) Berhad

AmBank Islamic Berhad

Malayan Banking Berhad

Maybank Islamic Berhad

HL Lee & Co

NG King Hoe and NG Lay San jointly manage the banking and finance practice at HL Lee & Co , which predominantly advises Islamic financial institutions on lending to domestic companies and to property developers.

Practice head(s):

NG King Hoe; NG Lay San

Mah-Kamariyah & Philip Koh

Mah-Kamariyah & Philip Koh‘s banking and finance practice group counts numerous banks and financial institutions among its clients, and is particularly recommended for financing relating to residential and commercial developments and real property transactions. Adrian Koh and Surialinda Ahmad lead the team together with Jia Hui Yip, who joined from Tay & Partners.

Testimonials

‘The team led by Jia Hui has consistently provided great legal services and very timely response times at a competitive market rate.’

‘Jia Hui Yip has a solution-centric approach and provides great clarity in legal advice.’

‘The team are keen to follow up. Fees are more competitive than other firms.’

‘Always available to answer our queries.’

Key clients

Asia Aviation Capital Limited

Chailease Finance Co., Ltd.

RHB Islamic Bank Berhad

Hong Leong Islamic Bank Berhad

Al Rajhi Banking & Investment Corporation (Malaysia) Bhd

Public Bank Berhad

Dialog Group Berhad

MahWengKwai & Associates

MahWengKwai & Associates is best known for acquisition financing and for lending involving property agreements, advising both financial institutions and potential project purchasers. Practice head Sarah Kambali focuses on real estate financing and transactions, including Syriah-compliant real estate matters.

Practice head(s):

Sarah Kambali

Key clients

Maybank Islamic Berhad

Hong Leong Bank Berhad

CIMB Islamic Bank Berhad

Public Bank Berhad

Bersatu Freight Agency Sdn Bhd

Lim Eng Bian & Chong Lee Lee

Wong Fui Khet & Chong Kok Khean

Lim Shieng Yee

Michelle Phang Hui Min

Work highlights

  • Advised Maybank Islamic Berhad on the perfection of charge regarding a multipurpose building.

Naqiz & Partners

Property financing and acquisition specialist Shamshul Iskandar Zulkifli heads the banking and finance practice group at Naqiz & Partners. It handles a broad range of loan and financing transactions and counts Malaysian banks, foreign financial institutions, offshore banks and private mutual funds as its main clients.