Next Generation Partners

Rising Stars

Firms To Watch: Banking and finance

Halim Hong & Quek has a burgeoning presence in banking and finance, including both conventional and Islamic financings. Teo Siang Ly is a recognised banking and finance specialist, with a fine record in syndicated loans, real estate financings and other transactions.

Banking and finance in Malaysia

Adnan Sundra & Low

Adnan Sundra & Low has a fully-rounded banking and finance practice and remains at the forefront of the Islamic finance segment. The firm’s excellence in this market has led to further growth in green and sustainability-linked financings, debt restructurings and acquisition finance engagements. It also continues to work on a steady pipeline of syndicated financings, bilateral loans and club deals, along with a number of project financings. It represents most of the major banks in Malaysia, a range of listed companies, along with private equity portfolio companies. Deepak Sadasivan is a market leader in banking and finance and capital markets transactions, including Sukuks, as are Adrian Chee and Putri Norlisa, who have a fine record in Islamic finance instruments.

Practice head(s):

Deepak Sadasivan; Adrian Chee; Putri Norlisa

Other key lawyers:

Jennifer Lee; Gan Kok Ling; Edward NG Foo Yuen; Goh Chai Ling

Key clients

AmInvestment Bank Berhad

Bank Pembangunan Malaysia Berhad

BNP Paribas

CIMB Investment Bank Berhad

Citigroup Global Markets Limited

DBS Bank Ltd

Government of Malaysia

Groupe Solmax Inc

Hongkong and Shanghai Banking Corporation Limited

Hong Leong Investment Bank Berhad

JP Morgan

Malayan Banking Berhad

Malaysia Wakala Sukuk Berhad

Maybank Investment Bank Berhad

Maybank Islamic Berhad

Merrill Lynch (Singapore) Pte Ltd

MIDF Amanah Investment Bank Berhad

MUFG Securities Asia Limited

OCBC Al-Amin Bank Berhad

OCBC Bank (Malaysia) Berhad

RHB Investment Bank Berhad

United Overseas Bank (Malaysia) Berhad

HSBC Bank Malaysia Berhad

AmBank Islamic Berhad

AmBank (M) Berhad

HSBC Amanah Malaysia Berhad

Work highlights

  • Advised Malaysia Wakala Sukuk Berhad and Government of Malaysia on the world’s first sovereign US dollar sustainability Sukuk Issuance by the Government of Malaysia.
  • Advised Hong Leong Investment Bank, OCBC Bank (Malaysia) Berhad and United Overseas Bank (Malaysia) Bhd on Infracap Resources Sdn Bhd’s Sukuk Murabahah programme.
  • Advised RHB Investment Bank Berhad, AmInvestment Bank Berhad, CIMB Investment Bank Berhad and Maybank Investment Bank Berhad on Small Medium Enterprise Development Bank Malaysia Berhad’s sustainable Sukuk.

Albar & Partners

Albar & Partners has a prestigious history in banking and finance and its reputation has been upheld by the repute of its client base and its continued record in big-ticket engagements. It represents many of the key banks in Malaysia, along with a number of major corporates. The firm is strong in both conventional and Islamic structures, and operates seamlessly between bank debt and capital markets-driven financings. Lily Tan Chea Li, Chung Swee Loong and Sharifah Dalilah Albar have outstanding reputations across the banking and finance and capital markets fields, including syndicated, bilateral and club financings, along with structured finance, asset-backed securitisations and project financings.

Practice head(s):

Lily Tan Chea Li; Chung Swee Loong; Sharifah Dalilah Albar

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

UMW Corporation Berhad

Work highlights

  • Advised Maybank Islamic Berhad in the Commodity Murabahah term financing-i facility via Tawarruq arrangement granted to Puspakom Sdn Bhd.
  • Advised Sapura TMC on its multi-currency term facilities agreement.
  • Advised RHB Bank Berhad on the term loan facility of up to RM450m granted to LG Petronas Chemicals Malaysia.

Rahmat Lim & Partners

Rahmat Lim & Partners is noted for its expertise in large-scale syndicated finance deals, acquisition finance and project finance work. It has experienced further growth in distressed financing and fintech, along with green Sukuks and sustainability-linked loans. Led by Wan Kai Chee, the team continues to be active in infrastructure and project finance in the oil and gas sector. Managing partner Azman bin Othman Luk is active in distressed financings, infrastructure financings and government-related financings, while Kelvin Loh represents a range of international and domestic clients in conventional and Islamic finance transactions. Geraldine Su handles cross-border financings for foreign clients and Syed Rashid bin Rahim Alsree is recognised for acquisition finance; he led the team that advised the banks on the RM2bn Shariah-compliant syndicated financing to Malayan Cement to finance the acquisition of a series of companies owned by YTL Cement.

Practice head(s):

Wan Kai Chee

Other key lawyers:

Azman bin Othman Luk; Kelvin Loh; Syed Rashid bin Rahim Alsree

Work highlights

  • Advised Lotuss Stores (Malaysia) on a syndicated term loan facility of up to RM2.3bn provided by a group of lenders to refinance an existing inter-company loan.
  • Advised a syndicate of financiers on a term financing-i facility (based on Shariah principles of Murabahah) of up to the maximum aggregate principal amount of RM2bn to finance the acquisition by Malayan Cement Berhad of a number of companies from YTL Cement Berhad.
  • Advised RHB Bank on a RM1.2bn credit facility to Kuala Lumpur Kepong to part-finance the acquisition of a 56.2% equity interest in IJM Plantations from IJM Corporation.

Shearn Delamore & Co

Shearn Delamore & Co is best known for its expertise in financial services regulation, along with bank financing, debt capital markets offerings and debt restructurings. Key work highlights include advising Malaysia Aviation Group on its large-scale debt restructuring. The team represents an impressive roster of Malaysian and international banks, along with a range of borrowers, including real estate developers. Christina Kow is noted for her expertise in the regulation of financial institutions, securities and derivatives, while Pamela Kung focuses on transactional work, including acquisition financings, syndicated lending and debt restructuring.

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

Société Générale

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

The Standard Bank of South Africa Limited, Isle of Man Branch

Wafra Inc

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 as Malaysian counsel for Malaysia Aviation Group and its group of companies in relation to the large-scale restructuring of their debts.
  • Acted as Malaysian counsel for the lenders in respect of a green loan provided to South Beach Consortium, a joint venture between City Developments and IOI Properties, to refinance the South Beach development.
  • Acted as Malaysian counsel for a trust fund of the Asian Development Bank as guarantor in respect of the medium term notes issuance issued by Hanwha Q CELLS Malaysia.

Wong & Partners

Wong & Partners has built a name for itself in acquisition and leveraged finance, often private equity-related deals. The team has worked on a series of financings in the healthcare, retail and data centre sectors, having an even balance of lender and borrower clients; these include CIMB and Maybank on the lender side and a number of bulge-bracket international private equity houses on the borrower side. Department head Mark Lim is experienced in acquisition finance and has a long track record in restructurings. Esther Chik is another key partner, noted for her expertise in representing major government-linked companies (GLCs) and for her advice on China-related financings, including belt and road initiative (BRI) financings. Elaine Foo was elected to the partnership in July 2022, adding further senior-level expertise in the project finance field and also in representing Chinese clients.

Practice head(s):

Mark Lim

Other key lawyers:

Esther Chik; Elaine Foo

Testimonials

‘The team is proactive and knowledgeable in their field of practice.’

‘Mark Lim is very knowledgable, and speed and accuracy are his strong points.’

‘Attention to detail, proactive and professionalism.’

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

Zaid Ibrahim & Co (in association with KPMG Law)

Zaid Ibrahim & Co (in association with KPMG Law)’s extensive resources and long history in banking and finance, has enabled it to develop a rich and varied practice, covering multiple clients and a range of financing products and structures. The firm also offers extensive regulatory advice and is well connected across the ASEAN region. Lilian Liew leads the debt capital markets and structured finance practice, which includes Chin Sook Kwan, David Lee and Loo Tatt King.

Practice head(s):

David Lee; Loo Tatt King; Lilian Liew; Chin Sook Kwan

Testimonials

‘Very knowledgeable and wide network across multiple jurisdictions.’

‘Dedication to the deal, ability to manage legal teams across multiple countries.’

Zul Rafique & Partners

Zul Rafique & Partners’ outstanding client portfolio includes major banks, as well as local and international corporates. The firm has an extensive bank lending and debt capital markets practice, and continues to work on a significant number of medium term note programmes. It is also making an impression in sustainability-linked Sukuk issuances and green loans. The firm has an established presence in both conventional and Islamic financings. Loh Mei Mei heads the banking and finance practice and is a highly-respected practitioner in the market. Kung Suan Im, Ashela RamayaChan Kwan Hoe and Celine Rangithan are also key members of the team.

Practice head(s):

Loh Mei Mei

Other key lawyers:

Kung Suan Im; Ashela Ramaya; Chan Kwan Hoe; Celine Rangithan

Testimonials

‘Dedicated and proficient in handling the deal.’

‘Loh Mei Mei is dedicated and resourceful.’

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)

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 HSBC Amanah Malaysia Berhad on the establishment of an Islamic medium term notes programme by Yinson Holdings Berhad and the issuance of the first sustainability-linked Sukuk issuance in Malaysia.
  • Advised Hong Leong Investment Bank Berhad on the implementation of an asset-backed securitisation transaction by way of issuance of medium term notes.
  • Advised RHB Investment Bank Berhad on the establishment of an unrated Islamic medium term notes programme by Cenviro Sdn and the issuance of a sustainability-linked Sukuk.

Christopher & Lee Ong

Christopher & Lee Ong has strong connections to local and international banks and financial institutions. It also advises a range of multinationals and Malaysian businesses, having an impressive record in project finance and syndicated lending through to Islamic finance, securitisation and debt restructurings. The firm is part of Rajah & Tann Singapore LLP’s Asia network, giving it further credibility and capabilities throughout the ASEAN region. Christopher Lee and Fiona Sequerah are experienced and rounded practitioners with solid banking and finance credentials. Chor Jack leads on many of the team’s big engagements, including project financings.

Practice head(s):

Christopher Lee; Fiona Sequerah

Other key lawyers:

Chor Jack

Testimonials

‘The firm has shown a practical approach to solving problems by breaking down large concepts into smaller, more manageable tasks.’

‘Fiona Sequerah has a knack for thinking outside the box. Fiona’s communication skills are great, and she can make others understand her points clearly. Fiona is very articulate and explains her ideas and opinions clearly, leaving no room for miscommunication.’

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

Lee Hishammuddin Allen & Gledhill

Lee Hishammuddin Allen & Gledhill has a good mix of Islamic and conventional financing work. It has advised on a series of refinancings and restructurings of debt facilities. While the firm has excellent bank relationships, such as with the Bank Pembangunan Malaysia, it is working with a growing number of non-bank institutions in providing mezzanine finance and delivers regulatory advice to an expanding group of digital banks. Megat Hizaini Hassan is a leading authority on Islamic finance and has worked intensively in the debt restructuring field in recent years. Tay Weng Hwee leads the banking and finance team, and is an experienced figure in debt issuances, mezzanine finance and debt restructurings. Bella Chu Chai Yee is also rated for her expertise in debt restructuring and real estate financings.

Practice head(s):

Tay Weng Hwee

Other key lawyers:

Megat Hizaini Hassan; Bella Chu Chai Yee

Key clients

OSK Holdings Berhad

Bank Pembangunan Malaysia Berhad

Maybank Investment Bank Berhad

Work highlights

  • Advised Bank Pembangunan Malaysia on the bank’s ESG Sukuk/Islamic bond issuance.
  • Advised Maybank Investment Bank on the enhancement of existing legal documentation in respect of the Islamic Securities Selling and Buying Negotiated Transactionof Maybank Investment.

Raja, Darryl & Loh

Raja, Darryl & Loh has expanded its conventional banking work with a growing number of engagements from Malaysian banks, and maintains its strong record in aviation finance. In addition, the team hired Islamic finance specialist Syed Adam Alhabshi from Shook Lin & Bok in April 2022, with the aim of further developing its Islamic finance credentials and spread of work in this area. The firm has an impressive number of banks and financial institutions as clients. Chong Kok Seng is a prominent figure in aviation finance and is further noted for his expertise in debt restructurings in the aviation sector. Chew Phye Keat leads the practice and Chong Mei Mei is noted for fintech matters, including the financing of fintech businesses, and other conventional financings.

Practice head(s):

Chew Phye Keat

Other key lawyers:

Syed Adam Alhabshi; Chong Kok Seng; Chong Mei Mei

Testimonials

‘Extremely strong asset finance team, with a special emphasis on aviation finance.’

‘Chong Kok Seng is among the best asset finance attorneys in Malaysia.’

Key clients

Malayan Banking Berhad

Maybank Islamic Berhad

MUFG Bank (Malaysia) Berhad

RHB Bank Berhad

AEON Credit Service (M) Berhad

Work highlights

  • Advised HSBC Bank Canada on amendments to an intercreditor agreement and certain financing documents in relation to prior banking facilities granted to a Canadian public corporation, which are secured by the Malaysian subsidiary of the borrower.
  • Acted for RHB Bank Berhad on a RM60m loan facility to two borrowers that are subsidiaries of a well-known public-listed real property developer.
  • Acted for Maybank Islamic Bank Berhad, which provided Islamic banking facilities totalling RM30m to a fintech borrower.

Shook Lin & Bok

Shook Lin & Bok has a large banking and finance team, covering both conventional and Islamic finance. It is also highly rated for debt restructurings and refinancings. Hoh Kiat Ching is a key member of the team, in both conventional and Islamic Finance, while Jalalullail Othman is another prominent practitioner in the market, operating across corporate transactions and financings. Khong Mei Lin heads the loans and debt restructuring team.

Practice head(s):

Khong Mei Lin; Hoh Kiat Ching

Other key lawyers:

Jalalullail Othman

Work highlights

  • Acted for the financier in relation to a facility granted to its customer for the purpose of refinancing existing unencumbered fixed assets.

Skrine

Skrine has close links to local and international lenders, and benefits from a steady pipeline of financings, refinancings and debt restructuring engagements. It also has a well-developed banking and finance disputes team. Claudia Cheah and Lim Koon Huan are experienced banking disputes specialists, while Lee Ai Hsian, who is highly rated by clients, is noted for her expertise in syndicated loans and term loan facilities. Wong Chee Lin is a leader in restructuring and insolvency. Former banking and finance department head Theresa Chong is now a consultant at the firm.

Practice head(s):

Wong Chee Lin; Claudia Cheah

Other key lawyers:

Lim Koon Huan; Lee Ai Hsian; Theresa Chong

Testimonials

‘Claudia Cheah and her team are well versed in banking and finance litigation. They had also helped to review the hire purchase agreement (HPA) and provide constructive feedbacks to improvise the HPA.’

‘I have been very impressed with the speed of response of the Skrine team and their general user-friendliness. Malaysia is not the easiest of regulatory environments in which to do business on the banking side, and Skrine’s concise and timely advice helped us to set things out clearly for the clients.’

‘Lee Ai Hsian – impressive speed of response and clear “to the point” advice delivered in a way that is easy to relay to the client.’

‘Best firm in Malaysia. Responsive, fast, technically and commercially knowledgeable and experienced.’

‘Ms Claudia Cheah and her team are very hands on and attentive to the cases being passed to them. Work can be completed within the required timeline and the lawyers are always reachable for legal advice.’

‘Lee Ai Hsian is the best finance lawyer in Malaysia.’

Key clients

BNP Paribas Fortis SA/NV

HSBC Amanah (Malaysia) Berhad

Federal Land Development Authority

Malayan Banking Berhad

Bank of China (Malaysia) Berhad and The Bank of Nova Scotia Berhad

Union des Banques Arabes et Francaises, Singapore branch

Agrobank

Agrobank

Export-Import Bank of Malaysia Berhad

Agrobank

Export-Import Bank of Malaysia Berhad

Malayan Banking Berhad

Bank Simpanan Nasional

Banque Cantonale Vaudoise

Lembaga Tabung Haji

EnQuest Petroleum Developments Malaysia Sdn Bhd

Work highlights

  • Acted as Malaysian counsel to BNP Paribas Fortis in a €200m syndicated multi-currency revolving facility agreement granted to X-Fab Silicon Foundries and its subsidiaries.
  • Defended HSBC Amanah in a claim involving allegations of fraud and forgery relating to the creation of charges over 30 pieces of land.
  • Assisted Felda in the review of the transaction documents for the issuance of a Sukuk Murabahah and the disbursement of a RC-i facility.

Zain & Co

Zain & Co has a fine record in both conventional and Islamic financings, drawing further on its membership of Dentons, giving the practice additional international credibility and access to global expertise; it has worked alongside Dentons Rodyk in Singapore on a series of transactions. The firm has close connections to key Malaysian lenders, including Islamic institutions, and has a broad practice ranging from syndicated loans to project financings and regulatory work. Zainal Azlan Abdul Kadir and Zain Azlan Zain Azahari are the key partners.

Practice head(s):

Zain Azrin Zain Azahari; Zainal Azlan Abdul Kadir

Other key lawyers:

Chea Shinh Lee

Key clients

Liberty Mutual Insurance Europe SE, HCC International Insurance Company

THSC Investments Pte. Ltd.

Work highlights

  • Acted for the surety bond providers in their entry into deeds of indemnity with EnQuest Petroleum Developments Malaysia.
  • Advised THSC Investments and its group of companies on financing facilities, including the review of Malaysian law security documents.
  • Advised a Singaporean group of companies involved in crane rentals and the group’s Malaysian obligors in respect of Malaysian law governed security documentation as well as Malaysian law compliance matters relating to the refinancing of the group’s existing facilities.

Abdullah Chan & Co

Abdullah Chan & Co draws banking and finance expertise from across the firm, with demonstrable experience in acquisition, property and asset financing. The firm has worked on a series of applications for digital banking licenses along with crypto and digital asset matters. Vincent Chan and Gopala Krishnan Sundaram are key partners, along with Shelina Razaly Wahi, who is experienced in aviation finance.

Practice head(s):

Vincent Chan; Gopala Krishnan Sundaram; Shelina Razaly Wahi

Chooi & Company and Cheang & Ariff

Chooi & Company and Cheang & Ariff covers both conventional and Islamic finance, with an extensive record in syndicated, bilateral and club loans, along with acquisition finance, real estate finance, aviation finance and regulatory matters, among others. It has continued to advise on the financing of a number of major real estate developments in Kuala Lumpur and elsewhere, along with significant acquisition financings. Adriel Lau Jin Son is the lead partner.

Practice head(s):

Adriel Lau Jin Son

Key clients

Malayan Banking Berhad

CIMB Bank Berhad

RHB Bank Berhad

Sumitomo Mitsui Banking Corp Malaysia Berhad

Kenanga Investment Bank Berhad

Mohamed Ridza & Co

Mohamed Ridza & Co has close links to domestic and international banks, often being engaged to advise on revising existing documents and compliance with central bank policies. It typically advises banking clients on a steady pipeline of various facilities. It also has extensive expertise in converting conventional loans to Islamic facilities, while digital banking platforms is another area of specialism. Mohamed Ridza Abdullah and Naseem Mohamed Abdulla are the key partners.

Practice head(s):

Mohamed Ridza Abdullah; Naseem Mohamed Abdulla

Key clients

MBSB Bank Berhad

Work highlights

  • Advised MBSB Bank Berhad on preparing legal documentation in relation to the conversion of its existing conventional loans to Islamic facilities.

Tay & Partners

Tay & Partners’ broad practice encompasses conventional and Islamic financings, debt restructurings, structured finance and securitisation, and regulatory matters. It advises a range of domestic and international banks, export credit agencies (ECAs) and other financial institutions. The firm also has a large number of borrower clients. Chang Hong Yun leads the corporate and commercial team with part of his practice focused on banking and finance.

Practice head(s):

Chang Hong Yun

Testimonials

‘The team is very responsive and has excellent knowledge of local law.’

‘Individuals working with you on a certain project stay with you for the duration of the project. They have very good knowledge of the law and answer swiftly and with high professionalism.’

Key clients

AmBank (M) Berhad

AmBank Islamic Berhad

Malayan Banking Berhad

Maybank Islamic Berhad

Work highlights

  • Advised several domestic banks on conventional supply chain structures and relevant documentation.  

HL Lee & Co

HL Lee & Co has a strong focus on banking and finance, including Islamic financings. Much of the practice centres on the real estate market, including property developments in Kuala Lumpur. It also advises banking clients in connection with retail products. Founders of the firm Ng King Hoe and Ng Lay San jointly lead the practice and have demonstrable experience in the banking and finance sector.

Practice head(s):

Ng King Hoe; Ng Lay San

Work highlights

  • Advised a Malaysian financial institution on banking facilities provided to a subsidiary of a leading property developer in Malaysia for developing a condominium.
  • Acted for a Malaysian financial institution in reviewing the documents for retail products and ensuring compliance with the policy document issued by the Central Bank of Malaysia.

MahWengKwai & Associates

MahWengKwai & Associates has a strong record in financings, particularly in the real estate sector. The firm has good connections with a number of Malaysian lenders and real estate developers. Sarah Kambali is noted for her experience in real estate financings, including Syariah (Shariah) estate transactions.

Practice head(s):

Sarah Kambali

Key clients

Eco Majestic Sdn. Bhd.

Work highlights

  • Advised a consortium of banks in the perfection of charge matter for the Eco Majestic project.

Naqiz & Partners

Naqiz & Partners has a wide-ranging banking and finance practice, which includes high-profile project financings and real estate development financings. The firm has good links to Malaysian banks and financial institutions, with solid cross-border connections. Key work highlights include advising Bank Pembangunan Malaysia on Islamic banking facilities to part finance the construction, commissioning and completion of a new membrane bio reactor sewerage treatment plan facility in Kuala Lumpur. Shamshul Zulkifli is the lead partner in the team.

Practice head(s):

Shamshul Zulkifli

Work highlights

  • Advised Bank Pembangunan Malaysia on Islamic banking facilities to part finance the construction, commissioning and completion of a new membrane bio reactor sewerage treatment plan facility in Kuala Lumpur.