The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
Work +60 3 2299 3888
Fax +60 3 2287 1278

Azman bin Othman Luk

Work +603 2299 3809
Rahmat Lim & Partners

Work Department

Banking & Finance, Capital Markets, Regulatory & Compliance, Restructuring & Insolvency, Islamic Finance, Maritime & Aviation


Azman is the Managing Partner of Rahmat Lim & Partners and Co-Head of the Firm’s Financial Services Department.


He concentrates primarily on banking and finance transactions including syndicated and structured financing, securities regulation and debt capital markets, LBO transactions, strategic investments, and restructurings. He also advises on financial and capital markets regulation.

Azman is consistently recognised as a Leading Individual in Banking & Finance and Capital Markets by Chambers Global and Chambers Asia-Pacific and as a Leading Lawyer in Banking & Finance and Capital Markets in the IFLR 1000. He has in various editions of Chambers Asia-Pacific been endorsed by peers and clients as being "very focused and client-friendly", and "really seriously very good for banking and capital market transactions", as well as being noted for the fluent structuring of Shariah-compliant transactions.

After being called to the Bar of England & Wales, Azman undertook a nine-month stint as a pupil in the chambers of R Neville Thomas QC. He was admitted to the Malaysian Bar in 1993 and joined Rahmat Lim & Partners in 2011.


English and Bahasa Malaysia.


Member, Inter-Pacific Bar Association


Azman graduated in law from Durham University, England in 1989, and holds an LL.M. in corporate and commercial law from the University of London.


Banking and finance

Within: Leading individuals

Azman bin Othman Luk - Rahmat Lim & Partners

Within: Banking and finance

Frequently acting on high-value matters, the team at Rahmat Lim & Partners has niche strengths in fintech, structured finance and derivatives, and is very experienced in handling matters involving different currencies. Kelvin Loh acted for VTTI as borrower on a $650m loan from a group of international financiers, and advised Sumitomo Mitsui Banking Corporation Malaysia and Bank of Tokyo-Mitsubishi UFJ on their RM1.1bn loan to MFBBCC Retail Mall. 'Thorough' managing partner Azman bin Othman Luk is 'quick to understand business angles', and 'clearly explains issues and addresses concerns'. Group head Wan Kai Chee and maritime and aviation expert Soh Yin Chuin are also recommended.

[back to top]


Within: Shipping

Rahmat Lim & Partners' department acts mostly for banks and other financial institutions on ship finance and other transactional matters. Soh Yin Chuin acted for a syndicate of foreign banks on the registration of mortgage over a vessel, and group head Azman bin Othman Luk advised several Malaysian financial institutions on a debt restructuring that involved various shipbuilding and vessel chartering companies.

[back to top]

Back to index

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.

    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.