Mr Lim Teong Sit > Rahmat Lim & Partners > Kuala Lumpur, Malaysia > Lawyer Profile

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

Work Department

Banking & Finance, Corporate & Commercial, Capital Markets, Mergers & Acquisitions, Private Equity

Position

Teong Sit is the Chairman and Senior Partner of the Firm. He is also a Partner of Allen & Gledhill LLP, Singapore.

Career

Teong Sit’s areas of practice encompass mergers and acquisitions and capital markets in Malaysia. His expertise also includes Islamic finance, structured finance and project finance. In his 30 years of practice, Teong Sit has acted as lead counsel in connection with many major corporate and financing transactions in Malaysia.

Prior to joining Allen & Gledhill LLP, Singapore Teong Sit was a Partner for more than 20 years in a leading Malaysian law firm where he headed the Financial Services practice group.

In 2010, Teong Sit was instrumental in the establishment of Rahmat Lim & Partners, an associate firm of Allen & Gledhill LLP, Singapore and has led Rahmat Lim & Partners, first as Managing Partner for the first six years and since then as Chairman and Senior Partner.

Teong Sit has written on various areas of corporate law including the Malaysian aspects of capital market transactions in International Investment Law, an MLR and Butterworth’s publication. Teong Sit has also edited a number of volumes of Malaysian Precedents & Forms published by Malayan Law Journal Sdn. Bhd.

Teong Sit is noted for his expertise in corporate/M&A work in leading legal publications such as IFLR1000, Chambers Global and Chambers Asia-Pacific.

Languages

English and Bahasa Malaysia.

Memberships

He is a member of the Inter-Pacific Bar Association.

Education

Teong Sit graduated with an LLB (Hons) degree from the  National University of Singapore. He was admitted to the Malaysian Bar in 1984 and the Singaporean Bar in 2007.

Lawyer Rankings

Malaysia > Real estate and construction

Rahmat Lim & Partners’ strong practice advises on the full spectrum of corporate real estate and real estate-related matters including property developments and joint ventures, property acquisitions and divestments, listings of real estate investment trusts, and due diligence concerns. Engaged by a host of local and international investors, private corporations, and property funds, the firm has a fine track record of handling complex and high-value property transactions involving retail malls, data centre operators, and retail malls. Kamilah Kasim is praised for her ‘knowledge and experience’, Chong Yee Leong specialises in power and infrastructure projects, and Dzuhairi Jaafar Thani focuses on various engineering, construction, and procurement contracts. Lee Yee Ling is an expert in sale and leaseback transactions and commercial leases, while Lim Teong Sit covers various corporate-related matters. All named individuals collectively lead the department.

Malaysia > Corporate and M&A

Led by Moy Pui Yee, the team at Rahmat Lim & Partners advises its portfolio of domestic and international clients on a broad range of matters, including high-profile M&A transactions across Malaysia and Southeast Asia, in addition to joint venture agreements, reorganisations, privatisations, buyouts, reconstructions and investment. Chairman and senior partner Lim Teong Sit stands out for his expertise in M&A and capital markets transactions in Malaysia, and Chen Lee Won acts for on foreign investments into Malaysia. Team changes include the partner promotion of Eilene Teh and the departure of Yeo Tze Lin in January 2023, as well as the departure of Ho Wei Lih in July 2023, who established Wei Lih Ho & Co., in association with Deloitte Legal.