Firms To Watch: TMT (including Fintech)

Naqiz & Partners heads up the practice at Naqiz & Partners. The team assists technology service providers, manufacturers, and institutional clients looking to digitise their business processes.

TMT (including Fintech) in Malaysia

Christopher & Lee Ong

Multinational organisations and conglomerates from industries ranging from banking to e-health beat a path to Christopher & Lee Ong for assistance with issues such as IT and cloud contract negotiations, data breaches, consumer protection laws and sector specific regulatory advice. The practice has additionally seen an increase in instructions relating to the the deployment of artificial intelligence, e-commerce and fintech. Leadership duties are split between Deepak Pillai, whose varied caseload includes commercial and regulatory advice on outsourcing and digital media, and KuokYew Chen, who is well-placed to advise on cross-border transactions. Intan Haryati is frequently active across public and private sector IT turnkey contracts. Anissa Maria Anis is a key contact for clients from the media and entertainment industries, while data protection specialist Yong Shih Han is equipped to advise on an array of regulatory and compliance matters. Yeap Yee Lin is another name to note.

Practice head(s):

Deepak Pillai; Kuok Yew Chen


Other key lawyers:

Intan Haryati; Anissa Maria Anis; Yong Shih Han


Testimonials

‘The team is professional, and provides sound, accurate and practical legal solutions.’

Deepak Pillai is the authority in the areas relating to IT contracts, electronic commerce, data protection & digital media. He gives sound, pragmatic advice.’

‘They are able to strike the delicate balance of letting us do what we need to achieve business objectives and yet ensure that that due legal process and compliance is not compromised by providing actionable advice tailored to our needs.’

‘Anissa Maria is very approachable. Her past experience working in-house in another media conglomerate in Malaysia provides relevant perspective to the legal issues that we consult her on.’

Work highlights


  • Appointed by a global tech conglomerate to conduct a third country transfer risk assessment on the adequacy of Malaysia’s data protection laws.
  • Appointed by a start-up to assist with a cross-border internal investigation into unauthorised recharge services and fraudulent purchases of in-game tokens in their gaming app.

Skrine

Core to the TMT offering at Skrine is the negotiation and drafting of industry-specific contracts and licensing agreements, with the team offering expertise across a wide range of industries including healthcare, banking and media and entertainment. 5G mandates, the establishment of data centres for cloud computing services and the leasing of sub-sea and terrestrial fibres are additional areas of strength for the cohort. Practice head Charmayne Ong’s practice straddles IP and TMT; Ong frequently advises on complex regulatory compliance and licensing matters. Jilian Chia leverages her expertise in data protection and privacy issues to advise both local and multinational companies. Natalie Lim Yen Kuan is noted for her capabilities in mandates concerning satellite communications and traditional broadcasting, while Cheam Tat Sean further boosts the team’s TMT expertise.

Practice head(s):

Charmayne Ong


Other key lawyers:

Jillian Chia; Natalie Lim Yen Kuan


Testimonials

‘Skrine’s TMT group in Malaysia is extremely good. We have instructed them on regulatory and commercial TMT matters in the past year and can confirm their advice is sound.’

‘Natalie Lim is excellent in handling all forms of telecoms work. Expertise is practical, detailed and balanced against commercial realities.’

‘The team are at the top of their field in Malaysia. Expertise in telecoms, technology and general commercial work is excellent.’

‘Practice leader Charmayne Ong understands the needs of clients and ensures that their needs are met.’

Raja, Darryl & Loh

Raja, Darryl & Loh’s technical expertise allows the team to draft and negotiate contracts and arrangements for a wide array of issues including cloud agreements, the supply of technology systems and network security and encryption. Additionally, a burgeoning fintech practice equips the firm to advise on matters spanning digital banking, cross-border payment solutions and peer-to-peer financing. Tong Lai Ling steers the group’s TMT offering; Ling’s diverse portfolio of work covers personal data protection, convergence issues and artificial intelligence. Chong Mei Mei is well-regarded for her advice concerning the provision of micro-financing, while Jed Tan Yeong Tat has in-depth knowledge of work relating to information and communications technology contracts.

Practice head(s):

Tong Lai Ling


Other key lawyers:

Chong Mei Mei; Jed Tan Yeong Tat


Testimonials

‘Ability to provide guidance in challenging situations.’

‘A very accommodating team with good in-depth knowledge.’

‘Jed Tan Yeong Tat is very engaging and detail-oriented. His ability to understand the risks towards the business and balance them with legal mitigations is excellent, making him an effective adviser.’

‘Deep subject matter expertise on all things TMT and data in Malaysia.’

‘Tong Lai Ling is ever-reliable and responsive, and delivers a consistently high standard of service and work product.’

‘Practical and commercial. Understand the client’s business and provide a hands-on approach.’

Key clients

Silverlake Group


TikTok


Bursa Malaysia Berhad


Work highlights


  • Advising Bursa Malaysia in relation to its application to the Securities Commission Malaysia for registration as a recognized market to operate a new debt fundraising platform.
  • Advised a boutique technology provider on its agreement with an airline company for the development of a bespoke “super application” based on a proprietary artificial intelligence voice and text operating platform.
  • Advise a global retail enterprise solutions provider on its end-to-end supply, development, implementation and maintenance of a merchandising and wholesale solution system for the A.S. Watson group.

Shearn Delamore & Co

Shearn Delamore & Co combines experience in drafting, reviewing, and negotiating a wide array of IT agreements with expertise in regulatory compliance and licensing requirements under the Communications and Multimedia Act 1998. E-commerce, online marketing and advertising matters are other areas of strength. Timothy Siaw heads up the team alongside Janet Toh. The registered patent agent Siaw is an IP and technology expert, while Toh is a key contact for global cloud migration projects. Christina Kow is well-versed in the the regulation of securities and derivatives, and Krystle Lui is another name to note.

Practice head(s):

Janet Toh


Other key lawyers:

Christina Kow; Krystle Lui


Work highlights


  • Advised Al Rajhi Banking & Investment Corporation (Malaysia) Bhd on the development of a cloud-based digital bank.
  • Acted for Genting Malaysia Bhd in a case relating to the Personal Data Protection Act 2010.
  • Advised a leading social media and technology company on the development of a metaverse game.

Shin Associates

A popular boutique for clients from the media and entertainment industries, Shin Associates advises clients ranging from filmmakers to theatre and sports clients on a wide range of issues encompassing licensing and distribution agreements, chain of title documentation and service provider agreements. Additionally, keeping abreast of the latest developments in the space allows the unit to guide clients through emerging areas such as artificial intelligence and the metaverse. Jessie Tan oversees the team; in addition to an in-depth understanding of Malaysia’s creative industry, Tan is well regarded for her expertise in the fields of commercial and corporate law and data protection. Liew Sue Yin is regularly called upon to assist international and local clients with corporate and commercial transactions, while Joel Prashant is recommended for his TMT regulatory expertise.

Practice head(s):

Jessie Tan


Other key lawyers:

Liew Sue Yin; Joel Prashant


Testimonials

‘Their expertise in the arts industry was evident in every aspect of our interactions. They demonstrated an impressive understanding of the intricate legal nuances unique to this field.’

‘Jessie Tan and Joel Prashant have always displayed a high level of professionalism in their communication, legal advice and guidance.’

‘A testament to the highest standards of professionalism and client care.’

‘Jessie Tan leads an exceptional team at Shin Associates, and together they have been an invaluable ally.’

‘We have been working closely with Jessie Tan ever since Shin Associates was established. She is extremely persistent and goes above and beyond.’

‘Jessie Tan is professional and has so much experience in the film industry. The fact she knows most of the industry players helps us tons.’

‘The personalised service and attention to detail is tremendous.’

‘Liew Sue Yin is technically sound and always delivers a good work product. She is efficient and reasonable on fees as well. It is always a pleasure to work with her knowing that we will be in safe hands.’

Key clients

Enfiniti (M) Sdn. Bhd.


Lil Critter Workshop Sdn. Bhd.


Lemon Sky Animation Sdn. Bhd.


Collaborative Research in Engineering, Science and Technology Center


Universal Music Sdn. Bhd.


BlackFlag Sdn. Bhd.


Act 2 Pictures Sdn. Bhd.


The Kuala Lumpur Performing Arts Centre


The Actors Studio Sdn. Bhd.


Juita Viden Sdn. Bhd.


UDrive Media Sdn. Bhd.


153 Creators Club, Inc.


Enfiniti Interactive Experiences Sdn. Bhd.


Dama Asia Productions Sdn. Bhd.


Animasia Studio Sdn. Bhd.


Work highlights


  • Engaged by 153 Creators Club, Inc to advise on music publishing, music production, and artiste representation, amongst a host of other legal issues.
  • Advising CREST on a variety of legal and commercial issues pertaining to research grant programs and research assistant scholarship programs as well as other operational and contractual matters.

Wong & Partners

Regulatory advice, sector-specific dispute resolution, digital transformation and licensing matters are among Wong & Partners wide-ranging set of competences. The team has been particularly active on mandates involving e-money, artificial intelligence and cloud services. Kherk Ying Chew heads up the division; Chew's wide-ranging practice encompasses expertise in contentious intellectual property matters and internet regulatory issues. Serene Kan’s regulatory expertise spans licensing, entity establishment and platform liability issues; Kan is further equipped to assist with supply agreements and outsourcing distribution arrangements.

Practice head(s):

Kherk Ying Chew


Other key lawyers:

Serene Kan


Testimonials

‘The team in Wong & Partners (B&M) is very responsive and collaborative. We appreciate their ability to provide pragmatic and relevant advice.’

‘The team’s ability to understand and assist client’s business and needs is very commendable.’

‘Great teamwork and communication with the client. Always available, positive, respectful and highly resourceful and knowledgeable.’

Key clients

UEM Edgenta


Wiwynn Corporation


Juris Technologies


Motion Picture Association (MPAA)


Touch N’ Go Sdn Bhd


StashAway Malaysia Sdn. Bhd.


Vivo


LAW Partnership

LAW Partnership advises clients from a diverse set of sectors on TMT matters such as platform, software and content license agreements, best practices for online financial transactions and e-commerce. Information technology laws and personal data protection matters are additional areas of strength for the unit. Litigator Suaran Singh Sidhu leads the team and has longstanding experience of advising on regulatory compliance issues, cybersecurity, and policies in the APAC region. Raphael Tay is well-placed to advise on matters concerning technology law, while Brian Law is a key contact for matters with an intellectual property dimension.

Practice head(s):

Suaran Singh Sidhu


Other key lawyers:

Raphael Tay; Brian Law


Testimonials

‘The litigation team at Law Partnership is reliable, capable, knowledgeable and extremely professional. They give strategic advice and draft strong arguments to ensure their clients have the best chances at success.’

‘We worked with Suaran Singh Sidhu due to his knowledge and expertise in IP litigation and we were not disappointed.’

‘Suaran Singh Sidhu is very well-versed and has demonstrated a very good understanding of the TMT industry.’

Key clients

TIME dotcom Berhad


Work highlights


  • Represented TIME dotCom, in preparation for a suit against a defamatory article written and published on various tabloid websites.

Lee Hishammuddin Allen & Gledhill

Telecoms work is at the heart of Lee Hishammuddin Allen & Gledhill’s TMT practice, with the firm handling issues such as compliance with the Malaysian Communications and Multimedia Act 1998 and the drafting of agreements between telecoms operators and infrastructure providers. The team also frequently assists clients with data protection, IT outsourcing and e-money mandates. Practice head G. Vijay Kumar is equipped to litigate a wide array of technology and telecoms-based disputes spanning network service provision and IT system integration. Personal data protection, including the cross-border transfer of personal data, is a recognised practice strength of Teo Wai Sum. Chan Mun Yew adds to the contentious expertise with disputes concerning the provision of telecommunication and network services a notable strength. Eleena Abd Wahab and Eunice Wei Lynn Chan  departed in September 2022 and October 2022, respectively.

Practice head(s):

G. Vijay Kumar


Other key lawyers:

Teo Wai Sum; Chan Mun Yew; Harvey Ng Yih Xian


Testimonials

‘The Lee Hishamuddin Allen & Gledhill TMT Team, spearheaded by Mr. G. Vijay Kumar, sets itself apart through its profound expertise in the telecommunications sector and agile client service.’

‘G. Vijay Kumar stands out due to his blend of deep sector knowledge, elite legal prowess, and exceptional client communication skills.’

‘Great availability and cooperation.’

‘LHAG has the capability and strategy to overcome issues in relation to fintech and also breaching of data privacy.’

‘G. Vijay Kumar is a very resourceful lawyer with wide knowledge on the TMT.’

Key clients

Digi Telecommunications Sdn Bhd


Work highlights


  • Represented Digi in a claim filed by Stealth for breach of a principal agreement pertaining to telecoms structures; and tortious interference with the contractual relationship between Digi and the Perak State Government.

Rahmat Lim & Partners

Rahmat Lim & Partners pulls together a well-regarded offering with particular strengths in the negotiating and drafting of sector-specific commercial agreements for issues such as the licensing of telecoms networks, outsourcing and biotechnology. The team is also well-placed to advise on fintech matters with equity crowdfunding platforms and online payment systems standing out as recent areas of activity. A quarter of partners head up the practice: Azman bin Othman Luk has significant experience of advising on banking and finance transactions; Wan Kai Chee and Moy Pui Yee are equipped to advise on M&A work; and Pauline Khor is an IP expert with a contentious and non-contentious portfolio of work. Zandra Tan is singled out for her capital markets knowledge. Karen Foong and Penny Wong are further names to note.

Practice head(s):

Azman bin Othman Luk; Wan Kai Chee; Moy Pui Yee; Pauline Khor


Other key lawyers:

Karen Foong; Penny Wong


Work highlights


  • Advised LGMS Berhad in relation to its listing on the ACE Market of Bursa Malaysia Securities Berhad.
  • Acted for and defended Shopee Mobile Malaysia Sdn Bhd in back-to-back civil lawsuits launched simultaneously by local production film companies.
  • Acted for Joey Yap Research Group Sdn Bhd and Joey Yap Private Limited in initiating a lawsuit against third party online infringers.

Tay & Partners

Communications and multimedia, data protection and data privacy are core pillars of Tay & Partners offering; the group also regularly brings its extensive IP expertise to bear on development and licensing mandates for an array of major clients. Lee Lin Li is the key contact at the firm; she is well-placed to advise on personal data protection policies to ensure compliance with Malaysian data protection laws. Advising TMT clients on consent procedures  and mechanisms for marketing stands out as a recent area of activity for Chong Kah Ye.

Practice head(s):

Lee Lin Li


Other key lawyers:

Chong Kah Ye


Testimonials

‘The team is responsive and manages timelines appropriately.’

‘The TMT team at Tay & Partners is knowledgeable about current and upcoming TMT laws and responsive with a good turnaround time.’

‘Tay & Partners are responsive and provide clear and accurate advice.’

Key clients

Doctor Anywhere


Work highlights


  • Advising Doctor Anywhere on regulatory approvals and licensing for doing business in Malaysia.

Zain & Co

Practice strengths at Zain & Co include advising on licensing of software and hardware and outsourcing arrangements, assessing the viability of establishing a commercial presence in Malaysia and handling licensing and distribution issues for film and media companies. Saleah Abdul Shukor heads up the team and has a strong track record in M&A work involving companies in the TMT arena. Pauline Ngiam is well-regarded for her work on commercial transactions and contracts.

Practice head(s):

Salwah Abdul Shukor


Other key lawyers:

Pauline Ngiam


Testimonials

‘Salwah Abdul Shukor has excellent problem-solving skills. Her approach is always innovative. ’

Zul Rafique & Partners

Handling regulatory and operational agreements and procurement work for key clients, including Telekom Malaysia and EdgePoint Infrastructure, showcases the telecoms expertise at Zul Rafique & Partners. Darren Kor Yit Meng heads up the practice and has a proven track record in drafting access agreements and reference access offerings for both fixed and mobile networks.

Practice head(s):

Darren Kor Yit Meng


Testimonials

‘The partners are hands-on. The team is responsive to last minute requests and changes and put in the time and effort to turn around as quickly as possible.’

‘Darren Kor Yit Meng has sound legal knowledge, is responsive to client’s needs and understands the issues faced by the client.’

‘Super in-depth knowledge on telco regulation.’

‘We have worked with Darren Kor Yit Meng who has delivered great and valuable legal services and advice.’

‘Darren Kor Yit Meng has deep industrial experience and knowledge which sets him apart from his competitors.’

Key clients

Telekom Malaysia Berhad


Axiata Group Berhad


Edgepoint Infrastructure Group of Companies


TIME DotCom Sdn Bhd


Gan, Lee & Tan

Gan, Lee & Tan is well-regarded for its expertise in emerging technologies and frequently advises on regulatory and licensing matters for issues such as the tokenisation of securities, equity crowdfunding, blockchain and e-money. Gan Ming Chiek, an expert in the digital asset arena, jointly chairs the practice alongside Yeow Jie Han. Kelvin Wong and Rylin Koey are key contacts for corporate advisory matters. Sieh Lih Chuan departed in January 2023.

Practice head(s):

Gan Ming Chiek; Yeow Jie Han


Other key lawyers:

Kelvin Wong; Rylin Koey


Key clients

Fusang Exchange limited


Starbox Holdings berhad


Zetrix limited


XOX Technology berhad


NFT Pangolin Technologies sdn bhd


K&G Agroworld Holding limited


Work highlights


  • Advised Fusang Exchange Limited, a fully licensed digital stock exchange in Labuan, Malaysia with regards to regulatory compliance on the trading of cryptocurrencies.
  • Advised and acted for StarBox Holdings together with its group of companies in Malaysia in relation to its successful listing on the Nasdaq Capital Market in New York.
  • Advised and acted for XOX Technology Berhad in relation to its proposed capital reduction of the issued and paid-up share capital.

Imaduddin & Lew Chambers

Imaduddin & Lew Chambers’s boutique practice specialises in technology procurement structures, cloud computing, and personal data protection. The practice is additionally seeing an increase in instructions connected to smart cities. Brian Lew and Imaduddin Suhaimi jointly lead the team with the former specialising in technology transactions and the latter well-versed in technology procurement mandates.

Practice head(s):

Brian Lew; Imaduddin Suhaimi


Testimonials

‘I have enjoyed working with Brian Lew and Imaduddin Suhaimi, who lead the team at a very good boutique TMT firm.’

Key clients

T-Systems Malaysia Sdn. Bhd.


Deutsche Telekom Global Business Solutions Singapore Pte. Ltd.


Hanamaru Co., Ltd. / Hanamaru Auto Trading Sdn. Bhd.


Unit Peneraju Agenda Bumiputera (TERAJU)


BigPay Later Sdn. Bhd.


McBride plc.


Tunetalk Sdn. Bhd.


MMC Corporation Berhad


Gas Malaysia Berhad


Kiwitech Sdn. Bhd.


Think City Sdn. Bhd.


Payd Pte. Ltd.


Tatra Investment LLC / Tatra Malaysia Sdn. Bhd.


Cloud9 Technologies LLC


Bioarc Limited / Bioarc Asia Sdn. Bhd.


Fintech Platform Ventures Pte. Ltd.


MyParcel Asia Sdn. Bhd.


Ewayang Kreatif & Digital Sdn. Bhd.


Enlightyx Sdn. Bhd.


Melaka Privilege Sdn. Bhd.


Deep Wadi Sdn. Bhd.


GoCeb Sdn. Bhd.


Mohamed Ridza & Co

Cryptocurrency regulation, sustainable transportation infrastructure and personal data protection are among the key areas of expertise at Mohamed Ridza & Co. Co-head of the practice Mohamed Ridza Abdullah is well-versed in fintech matters, including smart contracts and digital signatures. Fellow co-head Mohamad Nazran Basirun assists a wide range of TMT companies with licensing agreements, service contracts and collaboration agreements. Najwa Aqilah Mansor is a key contact for corporate advisory work.

Practice head(s):

Mohamed Ridza Abdullah; Mohamad Nazran Basirun


Other key lawyers:

Najwa Aqilah Mansor


Richard Wee Chambers

Richard Wee Chambers is active across cryptocurrency issues, gene-editing in sports and artificial intelligence in e-commerce, and is well-placed to advise fintech, insurtech and regtech start-ups on an array compliance and regulation issues. Co-head of the team Richard Wee frequently advises government agencies on matters related to fintech and e-sports. Completing the leadership team, ESG specialist Darren Lai is equipped to advise on NFT regulation, while disputes and fintech law are among Kimberly Chan’s areas of expertise.

Practice head(s):

Richard Wee; Darren Lai


Other key lawyers:

Kimberly Chan


Testimonials

‘The team at RWC, led by managing partner Richard Wee, boasts an exceptional set of strengths and capabilities that we find highly desirable.’

‘In addition to their technological innovations, RWC actively fosters a culture of diversity and collaboration within their team. By bringing together legal experts from various backgrounds and perspectives, they offer comprehensive and well-rounded solutions to their clients.’

‘Richard Wee shines brightly as the managing partner and founder of RWC, leaving an indelible mark on the industry.’

Key clients

Ministry of Science, Technology and Innovation (MOSTI)


Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC)


The National Sports Institute of Malaysia (ISN)


Malaysian Green Technology Corporation


VSure Tech Sdn. Bhd.


Futurise Sdn. Bhd.


Oyen Sdn. Bhd.


Moby Money Sdn. Bhd.


WealthStack Sdn. Bhd.


Lydian Labs LLC


Chainanalysis Inc.


RWC Community Webinars and Tea Time Talk


Work highlights


  • Serving and assisting the government of Malaysia on matters related to technology, compliance and regulation. This work is pro bono.
  • Appointed by MDEC as a member of Fintech Boosterto assist burgeoning fintech, Insurtech and regtech startups.
  • Acting for ISN in numerous sports technology matters including sports data, gene editing, halal sports food and many others.

Zaid Ibrahim & Co (in association with KPMG Law)

Zaid Ibrahim & Co (in association with KPMG Law) is well-placed to advise on fintech issues such as licensing applications and advice on engagement with regulators. The firm also advises on AML compliance and merger controls involving telecoms companies. Personal data protection expert Nadarashnaraj Sargunaraj heads up the practice, while fintech specialist Jonathan Lim’s practice extends to matters involving blockchain technology and payment systems.

Practice head(s):

Nadarashnaraj Sargunaraj


Other key lawyers:

Jonathan Lim


Key clients

Telekom Malaysia Berhad