Rahmat Lim & Partners > Kuala Lumpur, Malaysia > Firm Profile

Rahmat Lim & Partners
SUITE 33.01, LEVEL 33, THE GARDENS NORTH TOWER
MID VALLEY CITY, LINGKARAN SYED PUTRA
59200 KUALA LUMPUR
Malaysia

Malaysia > Banking and finance Tier 1

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):

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.

Malaysia > Corporate and M&A Tier 1

The M&A team at Rahmat Lim & Partners has a strong track record of high-value and high-profile work in Malaysia and across the broader region. Clients include a range of public and private organisations and financial institutions. The group regularly advises on local and regional joint ventures, acquisitions and disposals, corporate reorganisations and amalgamation, as well as capital restructurings, leveraged buyouts, inbound and outbound investments and private equity transactions. Department head Moy Pui Yee  is sought after for transactional work in the financial services, energy, manufacturing, hospitality and retail and consumer sectors. Chen Lee Won  is noted for her expertise in foreign investment into Malaysia and securities law, and for her experience assisting private equity firms and sovereign funds.

Practice head(s):

Testimonials

‘Their dedication to the job and accessibility to get legal advice is exceptional. Their turnaround speed it also very good and has been very valuable in any deal transaction and negotiation we have done.’

‘Ho Wei Lih is always on the ball and has provided us with the solutions that are needed to ensure that we protect the firm (as well as in the best interests for the deal). She is extremely accessible and has made our work a top priority. ’

‘Easy to work with and quick to response to our requests. Very organized with attention to detail.’

‘Ho Wei Lih: good judgement, creative in solving legal issues, able to bring her vast experience to formulate new strategies to solve legal issues.’

‘Ho Wei Lih and her team impressed me last year and this year. Their work is comparable to that of an international law firm’s lawyers, but very reasonably priced. I am still using Wei Lih and her team and would like to work with them again in our next deal. After dealing with different lawyers in Malaysia, my view is that Ho Wei Lih and her team are excellent lawyers who give practical solutions. She is able to lead and guide local counsels for cross-border Asian deals and she understands our pressure points very well. I always look to her for solutions to our legal issues.’

‘Very commercial and helpful team, always willing to go the extra mile for clients. We have worked with RLP on multiple projects, and regardless of complexity or timelines, they have always come through with excellent work. They are certainly our go-to firm in Malaysia having worked with a couple of other firms.’

‘Moy Pui Yee and Yeo Tze Lin – Commercial, savvy and experienced M&A lawyers who go the extra mile for their clients. Provide easy to understand and helpful advice that always puts the client’s interest at the forefront. Excellent understanding of commercial issues and the M&A landscape and know what needs to be done to get the deal over the line.’

Work highlights

  • Advised Charoen Pokphand Group as Malaysian counsel, on its acquisition of Tesco’s businesses in Thailand and Malaysia. Undertook the buy-side due diligence on the Malaysian business, advised on the Malaysian aspects of the transaction documents and assisted with completion of the acquisition of the Malaysian business.
  • Advised Batu Kawan Berhad on its acquisition of 56.32 per cent. equity interest in CCM for MYR293 million from Permodalan Nasional Berhad and Amanahraya Trustees Berhad as trustee for Amanah Saham Malaysia, Amanah Saham Bumiputera and Amanah Saham Bumiputera 3-Didik unit trust funds, and on the subsequent mandatory take-over offer for the remaining shares in CCM not already owned by BKB together with the compulsory acquisition of the minority shares in CCM for a total cash consideration of MYR209 million.
  • Advised Mitsui Fudosan (Asia) Malaysia Sdn. Bhd., a subsidiary of Mitsui Fudosan Co., Ltd, on its joint venture with BBCC Development Sdn. Bhd., via MFBBCC Serviced Suites Sdn. Bhd. (“JVCO”), to acquire a serviced residence block at Bukit Bintang City Centre (“Property”) from UDA Holdings Berhad for a total value of MYR242 million and upon completion of the construction of the Property, the JVCO to manage and operate the Property, including granting of tenancies of units within the Property. Rahmat Lim & Partners assisted in negotiating and drafting the sale and purchase agreement and the joint venture agreement.

Malaysia > Labour and employment Tier 1

Rahmat Lim & Partners’ employment practice is part of its dispute resolution team which regularly handles a balanced mix of contentious and advisory matters. Led by Jack Yow, it advises on employment and industrial relations, at both domestic and cross-border levels, and has a dedicated health and safety practice that advises on the regulatory framework relating to workplace health and safety. The practice launched a new ESG & public policy practice area in 2021, assisting organisations with navigating the increasingly complex regulatory environment in light of the coronavirus pandemic. Leveraging its association with regional powerhouse Allen & Gledhill LLP, its clients can benefit from extensive legal resources for matters such as EPF and SOCSO contributions, union recognition, disciplinary actions, terminations of service and misconduct.

Practice head(s):

Testimonials

‘Their involvement and response is very good including their knowledge on the subject, relevant cases dealt in the past, updating when required on the case studies and latest judgements on similar cases. Technologies have also been introduced and worked well in terms of meetings, presentations etc.’

‘Partners are very knowledgeable. They make you comfortable and put you at ease.’

Work highlights

  • Advised Charoen Pokphand Group, on the employment and immigration aspects of its acquisition of Tesco’s businesses in Thailand and Malaysia.
  • Advised the liquidator of London Biscuits Berhad (In Liquidation), on the employment-related issues following the disposal of assets from LBB’s cake business to Mamee Bakery Sdn. Bhd.
  • Advised StarHub Ltd. on the employment aspects of its acquisition of a significant stake in Strateq Sdn. Bhd.

Malaysia > Projects and energy Tier 1

Rahmat Lim & Partners is particularly strong in infrastructure projects including airports, ports, highways, and mass rapid transit as well as power plants and petrochemical plants across Asia and the Middle East. The team assists with concession, power purchase, construction and engineering matters. Chong Yee Leong‘s practice focuses on international arbitration in energy, oil and gas, and power and infrastructure projects in Malaysia and Singapore. Leong heads the team with Kamilah Kasim, who has considerable experience advising on the privatisation of public sector businesses and on infrastructure development by the private sector.

Practice head(s):

Other key lawyers:

Testimonials

‘Kamilah (Partner) put my company’s interest at the forefront. She is very precise on whether the matter at hand is a contractual issue or a commercial call for management to make. ’

‘The team is focused on solutions and very responsive.’

‘Kamilah Kassim is focused on solutions and brings a balance of experience in dispute resolution and transactional work. Highly responsive at all hours and quick turn around times.’

Work highlights

  • Advised Malaysian Rail Link Berhad on the contract administration of the EPC Contract for the ECRL Project, which is a 640km railway link connecting different parts of the East coast region with the West coast region in Malaysia.
  • Advised, reviewed and drafted the construction documents for MRT Services Sdn. Bhd. (including the build only and design and build contracts) and assisted with drafting the employer’s requirements in relation to the Rapid Transit System Link Project within Malaysia.
  • Advised Micron Memory Malaysia Sdn. Bhd. on the second phase of the development and construction of a Centre of Excellence for the assembly, testing and manufacturing of solid-state drives and related facilities in Batu Kawan, Penang.

Malaysia > Real estate and construction Tier 1

Rahmat Lim & Partners advises clients across a full range of corporate real estate matters, including acquisitions, developments and joint ventures, leasing and associated due diligence. The practice has a strong track record of handling structured property transactions, involving office buildings, malls and retail properties, hotels, residential and mixed developments and industrial properties. Lee Yee Ling heads the corporate real estate department; her practice is geared towards acquisitions and divestments, sale-and-leaseback transactions, joint developments and development projects. Chong Yee Leong manages the firm’s projects and international arbitration group, bolstering the firm’s ability to draw on construction and engineering expertise. Kamilah Kasim is another key name here, with considerable experience in complex engineering projects.

Practice head(s):

Lee Yee Ling; Chong Yee Leong

Other key lawyers:

Allen Choong; Amelia Koo; Kamilah Kasim

Testimonials

‘Client-oriented and responsive. Offer practical advice on legal issues with a commercial focus.’

‘Lee Yee Ling provides sound, practical advice on legal issues.’

Work highlights

  • Advised Cycle & Carriage Bintang Berhad on the acquisition of three parcels of lands located in Penang, Malaysia measuring approximately 35,420.84 square feet from The Malayan Press (PG) Sdn. Bhd. for the total purchase price of MYR24, 205,460.00.
  • Advised Malaysian Rail Link Berhad on the contract administration of the EPC Contract for the ECRL Project, which is a 640km railway link connecting different parts of the East coast region with the West coast region in Malaysia.
  • Advised, reviewed and drafted the construction documents for MRT Services Sdn. Bhd in relation to the Rapid Transit System Link Project within Malaysia.

Malaysia > Antitrust and competition Tier 2

Rahmat Lim & Partners handles a broad range of antitrust and competition matters, including compliance, exemption applications to the MyCC, and cross-jurisdictional merger control assessments and filings. The team also represents clients in the financial services, automotive, pharmaceuticals and property development sectors in complaints and investigations. Raymond Yong focuses on matters involving the MyCC, regularly advising on cartel and abuse of dominance cases as well as on the antitrust-aspects of M&A and joint venture structuring. He jointly leads the practice with Chen Lee Won, whose clients include financial institutions, manufacturers, oil and gas entities and private equity firms.

Practice head(s):

Other key lawyers:

Testimonials

‘Rahmat Lim & Partners was our first choice of law firm to represent us on on appeal against the proposed decision by Malaysia Competition Commission on price-fixing.

‘We strongly recommended Ms Penny Wong Sook Kuan- she prepared a very strong legal argument and legal grounds to defend our position.’

‘Efficient, timely, careful and professional.’

‘Penny Wong Sook Kuan is very dedicated and always provides comprehensive advice and a problem-solving approach to our business. She is also responsive in addressing our business and legal issues in a timely manner.’

Malaysia > Capital markets Tier 2

The capital markets practice at Rahmat Lim & Partners acts on a broad spread of debt- and equity-side issuances. Recent work includes bond and note issuances, including Islamic medium-term notes programmes, with a specialist offering in funding renewable energy projects through debt capital raisings. The team has a strong offering when it comes to REITs, and also works on IPOs, secondary issuances, employee share schemes and warrant issuances. Wan Kai Chee heads the firm’s wider financial services department, his practice spanning capital markets, investment funds, private equity, and fintech.

Practice head(s):

Work highlights

  • Assisted Infracap Resources Sdn. Bhd. with the issuance of Sukuk Murabahah of up to MYR15 billion in nominal value under the Shariah Principle of Murabahah (via Tawarruq arrangement) by Infracap Resources Sdn. Bhd.
  • Advised China International Capital Corporation Hong Kong Securities Limited as Malaysian counsel, as the sponsor and underwriter on the proposed dual primary listing of Top Glove Shares on The Stock Exchange of Hong Kong Limited and the proposed offering of Top Glove Shares.
  • Advised VTTI on a multi-creditor secured financing platform, refinancing of existing unsecured notes and new revolving credit facilities of VTTI group of companies.

Malaysia > Dispute resolution Tier 2

Rahmat Lim & Partners is a key choice for liquidation, winding-up, insolvency and loss recovery disputes, regularly representing a diverse roster of clients ranging from financial institutions, public and private companies and accounting firms to liquidators, receivers and managers. Other core strengths in contentious work include commercial and corporate disputes, banking claims, minority oppression and shareholder disputes, and employment litigation, as well as probate and administration, professional negligence, securities and trust proceedings. Group head Jack Yow is a stand-out name for industrial relations and employment litigation, while Chong Yee Leong heads up the firm’s projects and international arbitration department.

Practice head(s):

Testimonials

‘The team fully understands the needs of the client and fully supports the in-house legal team of the client in all dispute resolution matters.’

Work highlights

  • Acted for the liquidator of London Biscuit Berhad in the liquidation of London Biscuits Berhad, a public listed company in liquidation to obtain court sanction of sale of its assets.
  • Acted for ACC Offshore (M) Sdn. Bhd. in a claim for misrepresentation and tort of conspiracy and causing loss by unlawful means in a claim for damages in the sum of US$12,771,380 (approximately MYR50.8 million).
  • Acted for Resolution Alliance Sdn Bhd in a dispute relating to the legality of a blanket approval issued by the Minister of Finance on the recommendation of Central Bank of Malaysia for sale of non-performing loans following the 2007 global financial crisis.

Malaysia > Intellectual property Tier 2

Led by Pauline Khor  Rahmat Lim & Partners’s recent work in IP has focused on e-commerce related litigation and providing support to anti-counterfeiting measures taken by local and international brands. Khor has experience in all aspects of IP civil and criminal enforcement, including trademarks, passing off, copyright, patents, registered designs and trade secrets.

Practice head(s):

Key clients

Shopee Mobile Malaysia Sdn. Bhd.

Joey Yap Group of Companies

BGF Retail Co., Ltd

MyNEWS Holdings Bhd

Work highlights

  • Defended Shopee Mobile Malaysia Sdn Bhd, an e-commerce platform in Southeast Asia 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 (Joey Yap), a Chinese metaphysics consulting group in initiating lawsuits against several third party online infringers on various e-commerce platforms such as Shopee, Lazada and Shopify.
  • Advised both BGF Retail Co., Ltd and MyNews Holdings Bhd in relation to their venture to bring in the CU convenience store brand concept into Malaysia.

Malaysia > Shipping Tier 3

Rahmat Lim & Partners advises on the sale, registration and de-registration of vessels, and the preparation and registration of ship mortgages. It also handles contentious matters including domestic and international maritime litigation, the enforcement and repossession of vessels, and arbitration relating to insurance and casualties, which the shipping team is able to draw from across the firm’s financial services, litigation, and projects and international arbitration departments.

Other key lawyers:

Testimonials

‘The firm is very responsive to queries and comprehensive and practical in its advice.’

‘Soh Yin Chuin has a sound knowledge of maritime and shipping law; he gives advice that is relevant and practical; and his familiarity with practicalities arising from interaction between different legal jurisdictions for cross-border or international transactions.’

Work highlights

  • Acted as Malaysian counsel to a syndicate of lenders in relation to the accession of Seadrill Offshore Malaysia Sdn. Bhd. and Seadrill Labuan Ltd. to a US$950m senior secured credit facilities agreement with Seadrill Rig Holding Company Limited as the borrower.
  • Advised Standard Chartered Bank (Hong Kong) Limited as facility and security agent, on the refinancing of a US$575m revolving credit facility granted to a wholly-owned subsidiary of AET Tanker Holdings Sdn. Bhd.
  • Advised a consortium of lenders (Credit Suisse AG, Singapore Branch, Taichung Commercial Bank Co., Ltd., Labuan Branch, Taishin International Bank Co. Ltd., Taipei Fubon Commercial Bank Co., Ltd. Singapore Branch and Banco do Brasil S.A., Singapore Branch) on their US$200m facilities to Yinson International Pte. Ltd. for the purposes of financing, among other things, the deployment of floating production storage and offloading systems in Brazil, Ghana and Nigeria.

Malaysia > TMT (including Fintech) Tier 3

The TMT practice at Rahmat Lim & Partners stands out for its fintech work, advising a range of venture capitalists, traditional fund managers, global banks, start-ups and technology service providers. The group also negotiates commercial agreements relating to telecoms provision and licensing, outsourcing, research and development. Wan Kai Chee, who also heads the firm’s financial services department, is a key name here. Azman bin Othman Luk heads the firm’s regulatory and compliance department, and Pauline Khor leads the IP and technology team. Karen Foong focuses on advising financial institutions and corporations on licensing, regulatory and compliance matters.

Other key lawyers:

PhotoNamePositionProfile
Joycelyn Ang  photo Joycelyn Ang Joycelyn is a Partner in the Firm’s Corporate Real Estate Department.
Chong Boon Leong  photo Chong Boon Leong Boon Leong is a Partner in the Firm’s Projects & International Arbitration Department.
Chia Chee Hoong  photo Chia Chee Hoong Chee Hoong is a Partner in the Firm’s Mergers & Acquisitions Department.
Kwong Chiew Ee  photo Kwong Chiew Ee Chiew Ee is a Partner in the Litigation department.
Allen Choong  photo Allen Choong Allen is a Partner in the Firm’s Projects & International Arbitration Department.…
Karen Foong  photo Karen Foong Partner
Dzuhairi Jaafar Thani  photo Dzuhairi Jaafar Thani Dzuhairi is a Partner in the Firm’s Energy, Infrastructure & Projects Department.
Wan Kai Chee  photo Wan Kai Chee Kai Chee is a Partner and Head of the Firm’s Financial Services…
Kamilah Kasim  photo Kamilah Kasim Kamilah is a Partner and Head of the Firm’s Energy, Infrastructure &…
Pauline Khor  photo Pauline Khor Pauline is a Partner and Head of the Firm’s Intellectual Property &…
Amelia Koo  photo Amelia Koo Amelia is a Partner in the Firm’s Corporate Real Estate Department.
Daphne Koo  photo Daphne Koo Daphne is a Partner in the Firm’s Litigation & Dispute Resolution Department.
Chen Lee Won  photo Chen Lee Won Lee Won is a Partner in the Firm’s Mergers and Acquisitions Department.
Kelvin Loh  photo Kelvin Loh Kelvin is a Partner in the Financial Services Department.
Azman bin Othman Luk  photo Azman bin Othman Luk Azman is the Managing Partner of Rahmat Lim & Partners and Co-Head…
Moy Pui Yee  photo Moy Pui Yee Pui Yee is a Partner and Head of the Firm’s Mergers &…
Syed Rashid bin Rahim Alsree  photo Syed Rashid bin Rahim Alsree Rashid is a Partner in the Financial Services Department of Rahmat Lim…
Lum Sher Vin  photo Lum Sher Vin Partner
Ang Sinn E  photo Ang Sinn E Sinn E is a Partner in the Firm’s Mergers & Acquisitions Department.
Geraldine Su  photo Geraldine Su Partner
Zandra Tan  photo Zandra Tan Zandra is a Partner in the Firm’s Financial Services Department.
Lim Teong Sit  photo Lim Teong Sit Teong Sit is the Chairman and Senior Partner of the Firm. He…
Yeo Tze Lin  photo Yeo Tze Lin Partner
Ho Wei Lih  photo Ho Wei Lih Wei Lih is a Partner in the Firm’s Mergers & Acquisitions Department.
Chan Weili  photo Chan Weili Weili is a Partner in the Firm’s Mergers & Acquisitions Department.
Tan Yan Yan  photo Tan Yan Yan Yan Yan is a Partner in the Financial Services department.
Chong Yee Leong  photo Chong Yee Leong Yee Leong is a Partner and Head of the Firm’s Projects &…
Lee Yee Ling  photo Lee Yee Ling Yee Ling is a Partner and Head of the Firm’s Corporate Real…
Yap Yeow Han  photo Yap Yeow Han Yeow Han is a Partner in the Firm’s Projects & International Arbitration Department.
Soh Yin Chuin  photo Soh Yin Chuin Yin Chuin is a Partner in the Firm’s Financial Services Department.
Raymond Yong photo Raymond YongRaymond Yong is a Partner in the Firm’s Regulatory & Compliance Department.
Jack Yow  photo Jack Yow Jack is a Partner and Head of the Firm’s Litigation & Dispute Resolution…