Firms To Watch: Capital markets

Led by Lim Wei Chien, the capital markets practice at Wei Chien & Partners handles matters concerning business diversifications, the acquisition of equity shares, and the issuance of shares.

Capital markets in Malaysia

Adnan Sundra & Low

Adnan Sundra & Low’s well-established capital markets offering includes advising local and international multinationals, government agencies, and financiers, on conventional corporate structures in addition to its strong Islamic finance specialism. The firm has demonstrable experience in handling structured finance matters, and standout work includes working on major Islamic exchangeable bonds issuances and perpetual Sukuks. Adrian Chee Meng Yang is an expert in the M&A field, while Deepak Sadavisan is renowned for his involvement in project finance work, and Edward NG Foo Yuen focuses on debt capital markets transactions and corporate bonds. Gan Kok Ling, Putri Norlisa Najib, Jerry Tiew Wei Hsiang, Jennifer Lee Tze-Hui, Kim Lim, Hairolnisah Hamdan, Wong Chin Chin, Murni Zuyati Zukifli Aziz, Tracy Ng Tsu Ynn, and Justin Chua, bolster the team’s strength with their collective experience. All named individuals lead the firm’s practice.

Practice head(s):

Deepak Sadasivan; Adrian Chee Meng Yang; Edward Ng Foo Yuen; Gan Kok Ling; Putri Norlisa Najib; Jerry Tiew Wei Hsiang; Jennifer Lee Tze-Hui; Kim Lim; Hairolnisah Hamdan; Wong Chin Chin; Murni Zuyati Zulkifli Aziz; Tracy Ng Ysu Ynn; Justin Chua Ee Ghee

Key clients

AmInvestment Bank Berhad

Hong Leong Investment Bank Berhad

Maybank Investment 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

JP Morgan

Malayan Banking Berhad

Malaysia Wakala Sukuk 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

Citigroup Global Markets Singapore Pte. Ltd

MUFG Securities Asia Limited Singapore Branch

Standard Chartered Bank (Singapore) Limited

Affin Hwang Investment Bank Berhad

HSBC Amanah Malaysia Berhad

EdgePoint Malaysia Holdings Sdn Bhd

Work highlights

  • Advised AmInvestment Bank Berhad, CIMB Investment Bank Berhad and Hong Leong Investment Bank Berhad on the Senior sustainable and responsible investment Sukuk Murabahah programme of up to RM5.5bn in nominal value.
  • Advised CIMB Bank Investment Bank Berhad and Maybank Investment Bank Berhad on TNB Power Generation Sdn. Bhd.’s first issuance of RM1.5bn sustainability Islamic medium termnotes under an Islamic medium term notes programme of up to RM10bn in nominal value.
  • Advised Maybank Investment Bank Berhad and Affin Hwang Investment Bank Berhad on a Sukuk Wakalah programme of up to RM3.5bn in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar by Johor Corporation.

Albar & Partners

Albar & Partners’ practice is led by Chung Swee Loong, a specialist in debt capital markets instruments and project finance transactions. The scope of the firm’s work is broad and includes advising on debt, equity, and equity-linked products, as well as post-issue matters such as restructurings and refinancing. Advising a wide range of notable local and international clients, the team is also well-equipped to handle convertible and exchangeable securities, medium-term notes programmes, and asset backed securities. Sharifah Dalilah Albar specialises in conventional and Islamic transactions and asset financing. Lily Tan Chea Li and Cassandra Hogg left the firm in February 2024.

Practice head(s):

Chung Swee Loong

Other key lawyers:

Sharifah Dalilah Albar; Datin Seet Hooi Ping; Natalie Peh Suan Wan

Key clients

AmInvestment Bank Berhad

CIMB Investment Bank Berhad

Hong Leong Bank Berhad

Maybank Investment Banking Berhad

MBSB Bank Berhad

MIDF Amanah Investment Bank Berhad

Public Investment Bank Berhad

RHB Investment Bank Berhad

United Overseas Bank (Malaysia) Berhad

Weststar Aviation Services Sdn Bhd

Work highlights

  • Advised the joint principal advisers and joint lead arrangers for the establishment of the Sukuk Wakalah Programme established by Pengurusan Air SPV Berhad.
  • Advised a consortium of banks on the Initial Public Offering of ITMAX Berhad.
  • Advised the principal adviser and lead arranger in the Sukuk Wakalah Programmes and Corporate Bonds Programmes established by Malaysia Debt Ventures Berhad.

Rahmat Lim & Partners

The financial services department at Rahmat Lim & Partners is spearheaded by Wan Kai Chee, who has a wealth of experience in handling cross-border and domestic transactions, private equity, and mergers. Standout work includes activity in the renewable energy debt capital markets space, demonstrated in the firm’s involvement in the issuance of Sukuk by the project owner of a photovoltaic plant. The team has know-how in equity capital markets, investment funds, and Islamic finance, frequently acting on IPOs, real estate investment trusts, bond and note issuances, and advising on compliance concerns. Kelvin Loh is experienced in convertible and exchangeable bonds, whilst Zandra Tan and Livia Hong are notable members of the group.

Practice head(s):

Wan Kai Chee

Other key lawyers:

Zandra Tan; Tan Yan Yan; Kelvin Loh; Livia Hong


‘Tan Yan Yan is experienced and capable.’

‘High levels of expertise in capital markets and provided sound advice throughout the process. Meticulous in doing research and anticipated all the questions.’

‘I would like to commend Livia Hong for the outstanding performance on the transaction that we recently completed. She had demonstrated strong leadership skills in leading the discussion and providing alternative perspectives for consideration.’

‘The capital market team is very experienced.’

Work highlights

  • Advised on an Islamic medium term notes programme of up to RM6bn in nominal value by Sarawak Petchem Sdn. Bhd. based on the Shariah principle of Wakalah Bi Al-Istithmar.
  • Advised on an Islamic medium term notes programme of up to RM3bn in nominal value by edotco Malaysia Sdn. Bhd. based on the Shariah principle of Wakalah Bi Al-Istithmar.
  • Advised on Pavilion Real Estate Investment Trust’s proposed acquisition of Pavilion Bukit Jalil mall from Malton Bhd for RM2.2bn.

Zaid Ibrahim & Co (in association with KPMG Law)

The team at Zaid Ibrahim & Co (in association with KPMG Law) is recognised for its extensive capabilities in the debt capital market arena, regularly engaging in high-value, international, and complex transactions. In particular, the group has a track record in advising on asset backed securities, project finance involving green bonds, Islamic financial services, and responsible investments. Lilian Liew and Chin Sook Kwan lead the practice and are key figures within the field, with significant experience in debt restructurings and syndicated corporate loans, respectively.

Practice head(s):

Lilian Liew; Chin Sook Kwan


‘Lilian Liew is a go-to lawyer for debt capital markets work.’

‘Led by seasoned and experienced practitioners, the firm has a good allocation of resources to execute transactions.’

‘Lilian Liew and Chin Sook Kwan are seasoned and experienced practitioners and are actively involved in transactions.’

‘The firm is our go-to choice for debt capital markets work in Malaysia.’

‘Chin Sook Kwan has a good understanding of clients’ history and positions.’

‘Go-to firm for Malaysia DCM.’

‘The team is solution driven and has good business acumen when addressing legal issues in the transaction.’

Zul Rafique & Partners

Zul Rafique & Partners has a fine track record in advising its bank of clients on the full spectrum of financing matters, both conventional and Islamic. Engaged by Malaysia’s major banks and financial institutions, the group frequently handles debt capital raising exercises, asset-backed securitisation matters, offshore lending, and corporate debt rescheduling concerns. Recent standout work includes the team’s provision of advice to HSBC Amanah Malaysia Berhad on the establishment of a RM1bn sustainability-linked Sukuk issuance. Loh Mei Mei, an industry veteran, leads on banking and finance matters and has demonstrated expertise in syndications, structured finance, and corporate banking. Kung Suan Im, Ashela Ramaya, Celine Rangithan, and Chan Kwan Hoe, also collectively lead the team and boast a wealth of capital markets experience between them.

Practice head(s):

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

Key clients

Maxis Berhad

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

MUFG Bank (Malaysia) Berhad

Sumitomo Mitsui Banking Corporation Malaysia Berhad

United Overseas Bank (Malaysia) Berhad

Work highlights

  • Advised HSBC Bank Malaysia Berhad on the establishment of RM1bn Sukuk Wakalah Programme and issuance of Sukuk Wakalah and/or Sustainability-Linked Sukuk Wakalah and/or Sustainability Sukuk Wakalah by Yinson Holdings Berhad.
  • Advised AmInvestment Bank Berhad on an Islamic medium term notes programme of up to RM500m established by JB Cocoa Sdn Bhd.
  • Advised Maybank Investment Bank Berhad and OCBC Al-Amin Bank Berhad on an Islamic medium term notes programme of up to RM3bn established by Edotco (Malaysia) Sdn Bhd.

Cheang & Ariff

Cheang & Ariff’s capital markets offering includes debt and equity capital markets, securitisation and corporate trust, in addition to derivatives and structured finance. Following the separation of the firm from Chooi & Company in March 2023, key contacts in the group include Ming-Li Tan, who boasts a strong track record in handling capital market transactions, debt restructuring schemes and equity fund-raising mandates, and Cindy Cheang Foong Kim.

Other key lawyers:

Ming-Li Tan; Cindy Cheang Foong Kim; Yeat Soo Ching; Yoon Ming Sun

Key clients

MST Golf Group Berhad

SP Setia Berhad

Wellspire Holdings Berhad Y

OMS Group Sdn. Bhd.

MKH Plantations (East Kalimantan) Berhad

Deol & Gill

Deol & Gill advises a wide range of clients within its capital markets practice, including government-linked companies, major international corporations, and investment companies. The team, comprised of Suraj Singh Gill, Michael Raj, and Sathish Ramachandran, possess experience in venture capital and private equity investments, debt restructuring general corporate advisory work, amongst others. Recent activity includes working on equity interest mandates, obtaining shareholders’ approval for acquisitions and disposals, and takeovers and mergers.

Practice head(s):

Suraj Singh Gill; Michael Raj; Sathish Ramachandran


‘Deol & Gill have a strong acumen and are proactive and professional in its handling of corporate transactions. The partners of this firm provide a combination of stellar experience and specialist expertise in transactions.’

‘Suraj Singh Gill believes in building long term and productive working relationships with clients of Deol & Gill. He has an eye for details and is very meticulous in assisting clients with all stages of a transaction; from origination, to execution, to closing.’

‘To Michael Raj’s very formidable legal expertise, he brings an acute sense of commercial awareness which enhances Deol & Gill’s ability to respond to its client’s business needs.’

Key clients

Dagang NeXchange Berhad

MAA Group Berhad

IRGA Sdn. Bhd.

Perak Corporation Berhad

Tenaga Nasional Berhad

Pos Malaysia Berhad

Soft Space Sdn. Bhd.

HSS Engineers Berhad

Global Oriental Berhad

Lasseters International Holdings Limited

Work highlights

  • Represented Perak Corporation Berhad in the debt restructuring with CIMB Bank Berhad.
  • Represented Perak Corporation Berhad in the debt restructuring with Affin Islamic Bank Berhad.

Lee Hishammuddin Allen & Gledhill

The capital markets offering at Lee Hishammuddin Allen & Gledhill is spearheaded by Tay Weng Hwee, who draws strength from his experience in regularly handling cross-border transactions. The firm’s activity covers a wide range of transactional work for both local and international clients, showcasing expertise in equity and debt capital markets, structured finance, and regulatory matters. Megat Hizaini Hassan specialises in Islamic finance and leads much of the department’s Sukuk mandates, while Bella Chu Chai Yee is frequently involved in IPO formations and equity-related deals.

Practice head(s):

Tay Weng Hwee

Other key lawyers:

Megat Hizaini Hassan; Bella Chu Chai Yee


‘The associates and partners of LHAG are exceptionally accommodating, and the projects are timely delivered.’

Key clients

Super Hi International Holding Ltd

Sancy Berhad

Lim Seong Hai Capital Berhad

W T K Holdings Berhad

WCE Holdings Berhad

Sabah Credit Corporation

Work highlights

  • Acted as the local solicitors for Listco (the overseas unit of Haidilao International Holding Limited) in the internal restructuring of its Malaysian subsidiaries and its proposed listing by way of introduction on the Main Board of the Hong Kong Stock Exchange, via distribution in specie to the qualifying shareholders of Haidilao International Holding Limited.
  • Acting as the solicitors in relation to the proposed listing of Sancy Berhad on the LEAP Market of Bursa Malaysia Securities Berhad (Proposed Listing).
  • Acting as legal adviser for Lim Seong Hai Capital Berhad, a corporation listed on the LEAP Market of Bursa Securities on the proposed acquisition of entities, the purchase price of which shall be by way of issuance of shares in Lim Seong Hai Capital Berhad, as well as its proposed diversification of activities.

Mohamed Ridza & Co

Mohamed Ridza & Co is well-equipped to advise on various matters on the capital markets spectrum. Mohamed Ridza Abdullah, Mohamad Nazran Basirun, and Naseem Binti Mohamed Abdulla head the practice and work on transactions related to listed entities, consortium agreements involving multinationals, and joint venture agreements. The department is regularly instructed by an array of local and international clients to provide compliance advice, in the context of both conventional and Islamic finance. Shazana Abdul Aziz, Nur Adila Omar, and Siti Norafiqah Hassanor are key practitioners within the team.

Practice head(s):

Mohamed Ridza Abdullah; Mohamad Nazran Basirun; Naseem Mohamed Abdulla

Other key lawyers:

Shazana Abdul Aziz; Nur Adila Omar; Siti Norafiqah Hassanor

Key clients

AmInvestment Bank Berhad, CIMB Investment Bank Berhad, Maybank Investment Berhad and RHB Investment Bank Berhad

RHB Investment Bank Berhad

MSM Malaysia Holdings Berhad

Damansara REIT Managers Sdn Berhad

Pelaburan Hartanah Berhad

Work highlights

  • Advised AmInvestment Bank Berhad, CIMB Investment Bank Berhad, Maybank Investment Berhad and RHB Investment Bank Berhad in respect of the Islamic Commercial Papers and Islamic Medium Term Notes Programme of up to RM82.2bn issued by DanaInfra Nasional Berhad.
  • Advised RHB Investment Bank Berhad in relation to the proposed Islamic Commercial Papers Programme and Islamic Medium Term Notes Programme of up to RM1bn in nominal value issued by UDA Holdings Berhad.
  • Advised Damansara REIT Managers Sdn Berhad on a proposed private placement exercise.

Wong & Partners

Through its membership with Baker McKenzie, Wong & Partners benefit from a wide roster of local and international clients. Led by Munir Abdul Aziz and Mark Lim, who are experienced in project financing and various securities transactions, the team is strategically positioned to advise on an array of banking and finance deals. Esther Chik and Elaine Foo are notable members of the practice and frequently handle acquisition finance and debt capital markets matters.

Practice head(s):

Munir Abdul Aziz; Mark Lim

Other key lawyers:

Esther Chik; Elaine Foo


‘Good customer service and competitive fees. The team is able to complete assignments ahead of schedule.’

Key clients

Maybank Investment Bank Berhad

AmInvestment Bank Berhad

Maybank Group

CIMB Group

RHB Banking Group

Press Metal Aluminium Holdings Berhad


Wong Beh & Toh

Wong Beh & Toh’s capital markets department is regularly instructed by clients from the technology, financial and medical industries, amongst others. The team handles a range of work in the field, extending its activity to conducting due diligence on target companies and preparing sale and purchase agreements, while Yeap Lin Lin frequently leads on the firm’s IPO work. Cynthia Toh and Melissa Tan are key members of the group.

Other key lawyers:

Yeap Lin Lin; Cynthia Toh; Melissa Tan


‘Yeap Lin Lin is very professional and attentive to clients’ issues. She is resourceful, responsive, and always gives her best when assisting clients to settle their issues within short time frames.’

The team is very experienced in conducting due diligence exercises.’

Key clients

UMedic Group Berhad

TT Vision Holdings Berhad

Supercomnet Technologies Berhad

Oppstar Berhad

Siangtronics Technology Sdn Bhd

CAB Cakaran Corporation Berhad

NationGate Holdings Berhad

Hibiscus Petroleum Berhad

Cosmos Technology International Berhad

Hap Seng Consolidated Berhad

Ben & Partners

With a breadth of expertise in capital markets and corporate finance, Koay Ben Ree leads the practice at boutique firm Ben & Partners. The firm showcases strong know-how in handling IPOs, debt restructurings, reverse takeovers, and transfers of public listed companies. Advising on fund-raising exercises such as private placements, rights issues, and special issues, is also within the department’s remit of work.

Practice head(s):

Koay Ben Ree

Other key lawyers:

Heng Tzi Chin; Sophia Lim Tze Yin


‘Practical advice provided to clients. The team also considers the commercial interests of the clients.’

Koay Ben Ree has wide-ranging experience both in Malaysian and Hong Kong regulatory requirements.’

‘The team has deep understanding of the matters at hand and are always available to meet any commitments made.’

Key clients

Toyoink Group Berhad

Bertam Alliance Berhad

Work highlights

  • Advised Toyo Ink Group on the engineering procurement and construction contract with a value of USD2.42bn between the client and a consortium.
  • Advised Bertam Alliance on the issuance of new ordinary shares pursuant to a subscription agreement followed by a proposed rights issue with free warrants.

Ching, Elaine & Co

Ching, Elaine & Co’s corporate practice is led by Lim Ching Yong. Much of the firm’s work lies within the scope of advising Malaysian public listed companies on equity capital markets fundraising deals, handling IPOs, and conducting due diligence on share transfers. Cecilia Lim is a key member of the team and is frequently involved in corporate exercises including rights issues, private placements, and share consolidations.

Practice head(s):

Lim Ching Yong

Other key lawyers:

Lee Elaine; Dody Chai; Cecilia Lim

Key clients

ARB IOT Group Limited

TWL Holdings Berhad

Lion Industries Corporation Berhad

BSL Corporation Berhad

Advance Information Marketing Berhad

CC International Berhad

Bahvest Resources Berhad

DSR Taiko Berhad

Meta Bright Group Berhad

Parkson Holdings Berhad

Work highlights

  • Advised on an IPO of ARB IOB Group Limited on NASDAQ Stock Exchange with market capitalisation of RM404m, which was successfully listed on 5th April 2023.
  • Advised on a renounceable rights issue of redeemable convertible unsecured loan stocks (RCULS) of up to RM111.3m.
  • Advised on a bonus issue of warrants of up to 340,402,032 warrants to raise gross proceeds of up to RM146m.

Christopher & Lee Ong

On account of its membership of Rajah & Tann Asia, Christopher & Lee Ong is well-positioned to advise clients on various cross-border capital market mandates, particularly across Malaysia, Singapore, and Hong Kong. The department is headed by Yon See Ting, Annette Soh, and Fiona Sequerah, whose combined experience enables the firm to offer advice on IPOs, corporate governance rules, sale and purchase agreements, and due diligence concerns. Advising clients on debt fundraising exercises also lies within the firm’s scope of activity.

Practice head(s):

Yon See Ting; Annette Soh; Fiona Sequerah


‘Strong knowledge on capital market regulations.’

Key clients

Digi.Com Berhad

Esteel Enterprise Pte. Ltd.

Kitacon Berhad

Work highlights

  • Advised Digi.Com on its merger with Celcom Axiata to form Celcom Digital.
  • Advised Esteel Enterprise on its acquisition of Eden Flame from Amsteel Mills.
  • Acted as the solicitors for the proposed initial offerings of Kitacon, a G7 township building contractor that builds both residential and non-residential buildings.

David Lai & Tan

David Lai & Tan’s capital markets practice is led by Tan Yee Boon, who is active in handling shareholder disputes, securities laws, and fundraising matters. The team is frequently instructed by a range of local clients to act and advise on IPOs, corporate exercises, takeovers and acquisitions, and proposed listings. Joaana Keng Li Xin is another key contact in the group.

Practice head(s):

Tan Yee Boon

Other key lawyers:

Joaana Keng Li Xin; Stephanie Chan Pik Jia


The firm’s practice is unique because of its strong focus on providing tailored solutions that are designed to meet the specific needs of the clients. One of its strengths is the depth of their expertise and experience in the relevant industries.’ 

The team has a unique approach to problem solving that sets them apart from competitors. They consistently demonstrate a high level of professionalism, industry knowledge, and expertise.’

Excellent team.’

‘Tan Yee Boon and Stephanie Chan Pik Jia are knowledgeable, professional, friendly, and helpful.’

‘Out of the box thinking to provide innovative solutions when faced with obstacles.’

‘Tan Yee Boon is one of the sharpest corporate lawyers in town.’

Key clients

CPE Technology Berhad

Azam Jaya Group Berhad

Wellous Holdings Sdn Bhd

United Oil Palm Holdings Limited

KGW Group Berhad

Jati Tinggi Group Berhad

Wentel Engineering Sdn Bhd

AGX Group Berhad

Xinyi Solar Holdings Limited

SMTrack Berhad

Pegasus Heights Berhad

G Capital Berhad

Sunview Group Berhad

Swang Chai Chuan Limited

Work highlights

  • Advised Swang Chai Chuan Limited on the listing on the Main Board of The Stock Exchange of Hong Kong Limited.
  • Advised CPE Technology Berhad on the proposed listing on the Main Market of Bursa Malaysia Securities Berhad.
  • Advise Wellous Holdings Sdn Bhd on proposed business combination of Wellous Holding Limited and its subsidiaries, Wellous Holdings Sdn Bhd, Wellous Sdn Bhd, MOH Pharmaceuticals Technologies Sdn Bhd, MOH Research Sdn Bhd, Afyaa Sdn Bhd, Trader2u Sdn Bhd and Pinmore Sdn Bhd with Kairous Acquisition Corp. Limited  on the Nasdaq capital market.

Jeff Leong, Poon & Wong

The team at Jeff Leong, Poon & Wong is jointly led by Jeff Leong and Kenny Poon, who draw strengths from experience in representing IPO candidates in capital raising exercises, working with joint ventures, and advising on rights issues. Instructed by clients ranging from SMEs to industrial conglomerates and foreign investors, much of the firm’s work centres on capital markets mandates and stock exchange listings. James Wong, Lee Seen Yin and Seow Wee Loong are also key members of the practice.

Practice head(s):

Jeff Leong; Kenny Poon

Other key lawyers:

James Wong; Lee Seen Yin; Seow Wee Loong


‘JLPW has been innovative in their approach to providing their services, always thinking out of the box. Their deductive methods of problem identifications and solution provisions had enable us to save considerable time and costs.’

‘Kenny Poon and team have been very proactive in leading and solving issues. The personal attention given by Kenny is second to none.’

Key clients

Cape EMS Berhad

DS Sigma Holdings Bhd

YX Precious Metals Bhd

SFP Tech Holdings Berhad

Shanghai Inlay Link Inc.

Work highlights

  • Acted for Cape EMS Berhad in its IPO and listing on the Main Market of Bursa Malaysia.
  • Acted for SFP Tech Holdings Berhad in its IPO and listing on the ACE Market of Bursa Malaysia.
  • Acted for DS Sigma Holdings Bhd in its IPO and listing on the ACE Market of Bursa Malaysia.

KhaiLing Yau Chambers

The boutique practice at KhaiLing Yau Chambers is co-headed by Yau Khai Ling and Lau Yuet Sian, who are well-equipped to advise on various capital markets transactions including IPOs, rights issues, redeemable convertible preference shares, and transfer listings. The firm handles both the equity and debt aspects of the practice and is regularly instructed by issuers and investors to work on investment and fundraising exercises.

Practice head(s):

Yau Khai Ling; Lau Yuet Sian

Other key lawyers:

Chan Yi Ling


‘The team is extremely time-efficient, which is a crucial element in a capital markets transaction. The ability to deliver quick, accurate, and pragmatic advice is a well valued trait.’

‘Apart from being well versed in the relevant legislation, Yau Khai Ling’s ability to manage various stakeholders to ensure smooth and effective completion is important.’

The team is technically strong and provides exceptional client service.’ 

Key clients

Triton Capital Fund VCC

Adventa Berhad

Advance Opportunities Fund

Axteria Group Berhad

Kejuruteraan Asastera Berhad

Mah-Kamariyah & Philip Koh

Mah-Kamariyah & Philip Koh’s department is led by Adrian Koh Yeow York, who is well-versed in the corporate and capital markets arenas. The practice is frequently instructed by local corporations and financial institutions, with recent work highlights including advising on one of the largest IPO and listings in Malaysia’s technology sector. Elsewhere, the team is well-placed to handle transfer of listing exercises. Chew Yan Yee is another key contact in the group.

Practice head(s):

Adrian Koh Yeow York

Other key lawyers:

Chew Yan Yee

Key clients

AmInvestment Bank Berhad

Hong Leong Investment Bank

Mercury Securities Sdn Bhd

Maybank Investment Bank Berhad

RHB Investment Bank Berhad

Affin Hwang Investment Bank Berhad

Sunway Berhad

Senheng Retail Berhad

Optimax Holdings Berhad

Microlink Solutions Berhad

Yinson Holdings Berhad

ITMAX Systems Berhad

Vestland Berhad

Pappajack Berhad

Agmo Holdings Berhad

Peter Ling & van Geyzel

The capital markets practice at Peter Ling & van Geyzel is led by Peter Ling, who is noted for his experience in cross-border work across various industries and 'consistently delivers a top notch service'. Recognised for its wide-ranging experience, the team has demonstrated particular know-how in equity capital markets transactions, proposed listings, business diversifications, and fundraising exercises.

Practice head(s):

Peter Ling


‘The team at Peter Ling & van Geyzel is efficient, knowledgeable and very attentive to client’s needs.’

‘Peter Ling, whom we had the privilege of working with, consistently delivers a top notch service.’

Key clients

Cahya Mata Sarawak Berhad

Digital Media Nusantara Sdn Bhd

Harvest Miracle Capital Berhad

Ingenieur Gudang Berhad

Minetech Resources Berhad

MMAG Holdings Berhad

Widuri Capital Management Sdn Bhd

Work highlights

  • Advised Classita Holdings Berhad on a fundraising rights issuance of up to RM83m.
  • Advised Ingenieur Gudang Berhad on a RM46m fundraising private placement exercise.
  • Advised MMAG Holdings Berhad on its RM42m debt settlement fund raising exercise.

Rosli Dahlan Saravana Partnership

Rosli Dahlan Saravana Partnership’s capital markets team falls under the leadership of Eu Jin Ong, who has strong experience in both equity and debt capital markets. Instructed by various corporations and financial institutions across Malaysia, the department frequently advises clients on fund raising matters, such as proposed IPOs of companies on Bursa Malaysia Securities Berhad. The practice also handles rights issues and is knowledgeable of Sukuk issuances. Other key figures include Lily Lee Zai Lii, who has been involved in a number of company listings.

Practice head(s):

Eu Jin Ong

Other key lawyers:

Lily Lee Zai Lii; Vincent Kow Lit Han; Diane Ngu Dai En


‘Great service and a professional team.’

Eu Jin Ong has an in-depth knowledge of the law and capital markets, with a good sense of business and commercial awareness.’

‘Ability to provide unique solutions.’

Attention to detail, timely communication, quality deliverables.’

Professional, provides clear guidance, responsive, flexible and dynamic.’

Diane Ngu Dai En is very detail oriented, responsible, and helpful in providing advice.’

Eu Jin Ong and Diane Ngu Dai En provide professional advice.’

‘People oriented, resourceful, responsive, professional, and able to provide commercially sound advice.’

Key clients

AME Elite Consortium Berhad

Axis REIT Managers Berhad

Seng Fong Holdings Berhad

Unitrade Industries Berhad

SNS Network Technology Berhad

Ecomate Holdings Berhad

SkyWorld Development Berhad

SSF Home Group Berhad

Naza TTDI Sdn Bhd

Atrium REIT Managers Sdn Bhd

MyKris International Berhad (now known as Zenworld Holdings Berhad)

Minox International Group Berhad

Advance Synergy Berhad

L&P Global Berhad

Shearn Delamore & Co

Shearn Delamore & Co’s team is jointly led by Pamela Kung, a specialist in acquisition financing and structured lending, and Nicholas Tan Choi Chuan, who is well-equipped to handle equity capital markets work, including IPOs. Counting investors, financial advisers and corporate issuers among its key roster of clients, the firm’s scope of work also includes advising on rights issues, corporate securities, Islamic finance, and asset-backed securitisation.

Practice head(s):

Pamela Kung; Nicholas Tan Choi Chuan

Key clients

RHB Investment Bank Berhad

CIMB Investment Bank Berhad

MIDF Amanah Investment Bank Berhad

Kenanga Investment Bank Berhad

MMC Port Holdings Sdn Bhd

Fairview Valley Sdn Bhd

Ranhill Solar Ventures Sdn Bhd

EnQuest PLC

Work highlights

  • Acted for RHB Investment Bank Berhad as lead arranger in respect of the Islamic medium term notes programme of up to RM1bn in nominal value under the Shariah principle of Murabahah (via Tawarruq arrangement) by MMC Port Holdings Sdn Bhd as issuer.
  • Acted for BNP Paribas and Deutsche Bank AG (London branch) as initial purchasers in respect of the USD305m aggregate principal amount of 115/8% senior notes issuance by EnQuest PLC as issuer.
  • Acted for MIDF Amanah Investment Bank Berhad as lead arranger in respect of the Islamic medium term notes programme of up to RM310m in nominal value under the Shariah principle of Murabahah (via Tawarruq arrangement) by Ranhill Solar Ventures Sdn Bhd as issuer.

Teh & Lee

Teh & Lee’s capital markets practice is led by Billy Lee and Aw Ee Leng, who are well-versed in various corporate and commercial advisory matters. The firm regularly advises local and regional clients on a range of transactions including syndicated loans, IPOs, corporate restructuring transactions, guarantee facilities, and rights issues.

Practice head(s):

Billy Lee Chong Hoe; Aw Ee Leng

Other key lawyers:

Danny Hu Shi En


‘The partners and associates are professional, act with integrity, and give support to their clients.’

‘Constructive, practical, solutions-driven, able to think outside the box.’

‘Aw Ee Leng is experienced and able to provide constructive and practical advice. She works well with other advisors to provide the client with the best solutions.’

‘The team is responsive and provides good solutions and legal advice.’

‘Danny Hu Shi En promptly responds to legal queries and provides sufficient assistance in relation to the legal matters of a project.’

‘The team is diverse with expertise in various areas, possesses strong communication skills, and is able to solve clients’ problems.’

‘Billy Lee Chong is good at problem solving as he is always thinking outside the box and approaching challenges with innovative solutions.’

‘Attentive, responsive, and committed.’

Key clients


Majuperak Holdings Berhad

Divfex Berhad

Hextar Industries Berhad

Hextar Technologies Solutions Berhad

Opcom Holdings Berhad

Hextar Healthcare Berhad

SWS Capital Berhad

Hextar Holdings Sdn Bhd

Nestcon Berhad

M&A Securities Sdn Bhd

IGB Corporation Berhad

G3 Global Berhad

Ocean Vantage Berhad

Chin Hin Group Property Berhad