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SUITE 14-3, LEVEL 14, WISMA UOA DAMANSARA II, NO.6 CHANGKAT SEMANTAN, DAMANSARA HEIGHTS,, KUALA LUMPUR, 50490, MALAYSIA
Tel:
Work +603 7890 3288
Fax:
Fax +60 3 7890 3266
Email:
Web:
www.albar.com.my

Hooi Ping Seet

Tel:
Work +603 7980 3288 (Ext 133)
Email:
Web:
www.albar.com.my
Albar & Partners

Work Department

Corporate & Commercial, Capital Markets, Banking & Finance.

Position

Partner

Hooi Ping
has extensive experience in corporate and securities transactions, canvassing domestic and cross border M&As, voluntary and mandatory take-over offers, reverse take-overs, joint ventures, venture capital, FDIs, divestments, corporate and debt restructuring. She has advised on a wide range of capital market instruments, hybrid and derivative products and capital raising exercises, REITs and privatisations. She is also well-versed in the field of corporate governance and competition laws

Career

Hooi Ping graduated with a Bachelor of Laws (Hons) from the University of Leeds, UK. She was called to the Bar of England and Wales in 1991 as an Utter Barrister of the Honourable Society of Lincoln’s Inn, London. Thereafter, she was admitted as an Advocate & Solicitor of the High Court of Malaya in 1992.

Hooi Ping was admitted as a Partner at Albar & Partners in April 2007 - December 2008. Subsequently, she joined the multi-national company, Lafarge Malaysia Berhad for 5 years, where she was a member of its Executive Committee holding various positions including Vice President of Human Resources, Vice President (Legal & Business Affairs) and Company Secretary. Hooi Ping was re-admitted into the partnership of Albar & Partners in June 2014.

Since the 2015 edition, Hooi Ping is ranked a Leading Lawyer for Corporate/M&A by Asialaw Profiles besides also being recognised as a Rising Star for the practice areas of Banking and M&A by IFLR1000: Guide to the World’s Leading Financial Law Firms (2018 & 2019 edition).


Since returning to legal practice, Hooi Ping has led in several notable transactions, namely:

  • Advised Prestariang Berhad and its group of companies including Prestariang SKIN Sdn Bhd, the concessionaire of the Sistem Kawalan Imigresen Nasional (SKIN) granted by the Government of Malaysia, in relation to the concession agreement and other related agreements including project financing, master development agreement, master maintenance service agreement and value-added service agreements in respect of the SKIN project.
  • Advised Felda Marketing Services Sdn. Bhd. on the disposal of its 16% shareholding in AXA Affin General Insurance Berhad to AXA Asia and AFFIN Bank Berhad respectively.
  • Advised the offeror in the RM1.44 billion mandatory general offer and take-over of NCB Holdings Bhd, the holding company of one of the largest listed maritime terminal groups providing services in the transport and logistics sector: M&A Deal of the Year (Mid-Size) (ALB Malaysia Law Awards 2017).
  • Advised the sole principal adviser in the RM1.5 billion Sukuk Murabahah Programme established by MMC Corporation Berhad: Best Islamic Finance Deal of the Year (Alpha SEA Best Deal and Solutions Awards 2015).
  • Advised the largest South East Asian offshore helicopter transportation services operator in a RM1.9 billion Islamic financing to restructure the group’s existing bank borrowings and Sukuk.

Languages

Bahasa Malaysia & English

Member

Utter Barrister, Honourable Society of Lincoln’s Inn, London
Advocate & Solicitor of the High Court of Malaya and member of the Malaysian Bar.

Education

LL.B (Hons), University of Leeds, UK.
Utter Barrister of the Honourable Society of Lincoln’s Inn, London.
Advocate and Solicitor of the High Court of Malaya.


Malaysia

Corporate and M&A

Within: Corporate and M&A

Lily Chea Li Tan heads the 'strong' practice at Albar & Partners, which is praised for its 'quick response times and accuracy'. The 'very good, timely and accurate' Seet Hooi Ping assisted Tan with advising Malaysia Building Society on its RM645m purchase of Asian Finance Bank from four financial institutions. Other clients include Felda Marketing Services and Chemical Company of Malaysia. Niv Chiw Poh Lee is a 'meticulous, consistent' partner.

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Islamic finance

Within: Islamic finance

'Very well-versed' in Islamic finance, the 'strong' team at Albar & Partners wins praise from clients for its 'quick responses and accurate advice'. Chung Swee Loong acted for CIMB Investment Bank as lead arranger on Maxis Broadband's RM10bn sukuk murabahah programme. Lily Chea Li Tan and Seet Hooi Ping are also active in the space. The 'meticulous, consistent' Niv Chiw Poh Lee made partner in July 2018, as did Alicia Phang Ling San.

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Legal Developments by:
Albar & Partners

  • The Largest IPO in Southeast Asia: Petronas Chemicals Group

    Petronas Chemicals Group (PCG) is the largest petrochemical company in Malaysia and one of the largest petrochemical producers in Southeast Asia. It has a history of 25 years in the petrochemical industry and its pedigree is further enhanced by the fact that it is a subsidiary of Petroliam Nasional (Petronas), the national oil company of Malaysia.
    - Albar & Partners

Legal Developments in Malaysia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Call for AML Regulation for Cryptocurrencies

    Ever since the creation of Bitcoin, cryptocurrencies have been applauded and welcomed for constituting an innovative method of payment without any recourse to financial institutions and their entailing bureaucracy.  While honest individuals rejoiced at cryptocurrencies’ legitimate benefits; ranging from an increased degree of privacy and confidentiality to less transactional costs, cybercriminals saluted the decentralised networks and perceived anonymity behind cryptocurrencies for presenting them with the perfect crypto cleansing opportunity to launder money in an unprecedented and largely unregulated sector in the financial industry.
  • Office for Competition Issues its First Commitments Decision

    The Office for Competition has adopted what appears to be its first commitments decision, in a case where it raised concerns about exclusivity agreements lasting for five years or more.
  • The Financial Services Act 2012

    (Part 1 of 4) By Gopal Sundaram
  • The Islamic Financial Services Bill 2012

    (Part 1 of 4) By Gopal Sundaram Jan 2013
  • Amendments to the Employment Act 1955

    The Employment (Amendment) Act 2012 received royal assent and became law on 30th January 2012. It has now come into operation since 1st April 2012.
  • Malaysian Corporations Making Headway in the Global M&A Scene

    Malaysian companies continue to make waves internationally by acquiring large companies abroad. Leveraging on the European debt crisis and the weak dollar, these companies have boldly made their mark on a global scale with impressive deals. Cross-border acquisitions are increasing trend in the Asian economic hot spots, with companies in China and India spearheading it. The consistently strong uptrend in foreign acquisitions and the increasing success of the same by China and India for the past few years has spurred growing interests of Southeast Asian companies to extend their reach to other continents.
  • Adjudication in Malaysia – the Construction Industry Payment and Adjudication Act 2012

    The Construction Industry Payment and Adjudication Act of Malaysia received royal assent and became law on 18th June 2012.
  • EVIDENCE / CYBER LAW

    PRESUMPTION OF GUILT – REMEDY OR JEOPARDY? Netizens in Malaysia now share a common fear and feeling of uneasiness following the swift passing of the Evidence (Amendment) (No.2) Bill 2012 in May 2012, which amends the Evidence Act 1950.
  • FGVH's IPO - Second Largest in the World after Facebook

    Malaysia’s Felda Global Ventures Holdings Berhad (“FGVH”) is a global agricultural and agri-commodities company, with operations in ten countries across the globe. According to Frost & Sullivan Malaysia Sdn Bhd, FGVH is the third largest oil palm plantation operator in the world based on planted hectarage in 2011. FGVH currently operates 343,521 hectares of oil palm plantation estates in Malaysia that produced 5.2 million metric tonne of fresh oil palm fruit bunches in 2011.
  • Competition...Friend or Foe?

    The announcement of the Malaysia Airlines (MAS)-AirAsia collaboration on 9 August 2011 was questioned by many quarters.