Distinguished by its equity capital markets experience, Christopher & Lee Ong is routinely involved in large IPOs and has notable knowledge of Main Market and ACE Market listings on Bursa Malaysia. The group is active across an array of sectors, including retail, consumer finance, investment holdings, REIT, oil and gas, and industrial machinery. Annette Soh is responsible for leading the practice and provides a wealth of knowledge on listings on the LEAP, ACE and Main Markets. Justin Chua has significant experience handling large REIT-IPOs and Yon See Ting excels in the issuance of new ordinary shares.
Capital markets in Malaysia
Christopher & Lee Ong
Responsables de la pratique:
Annette Soh
Autres avocats clés:
Yon See Ting; Justin Chua
Principaux clients
99 Speed Mart Retail Holdings Bhd
Eco-Shop Marketing Sdn Bhd
Paradigm Real Estate Investment Trust
Hedychium Group Limited
Johor Plantations Group Bhd
Cuckoo International (MAL) Bhd
HI Mobility Berhad
Steel Hawk Berhad
Well Chip Group Bhd
Mega Fortris Berhad
Green Esteel Pte Ltd
CIMB Investment Bank Berhad
Maybank Investment Bank Berhad
RHB Investment Bank Berhad
AmInvestment Bank Berhad
Principaux dossiers
- Acted as the legal advisers to CIMB Investment Bank Bhd regarding the proposed initial public offering of 99 Speed Mart Retail Holdings.
- Acted as legal advisers in the IPO of Eco-Shop Marketing Sdn Bhd.
- Acted for Maybank Investment Bank Berhad in the IPO of Paradigm Real Estate Investment Trust.
Rahmat Lim & Partners
The capital markets offering at Rahmat Lim & Partners extends across debt and equity capital markets. On the equity capital markets front, the group frequently handles IPOs, REITs, secondary issuances on the Bursa Malaysia and the issuance of bonds. On the debt capital markets side, the team is well versed in an array of bond and note issuances, particularly in the renewable energy space. The practice is jointly led by Wan Kai Chee , whose strengths lie in schemes of arrangement, vestings and capital reductions; and Kelvin Loh , who is highly experienced in bonds and Sukuk transactions, notably convertible and exchangeable bonds. Other notable names include Zandra Tan , who is active in corporate finance; Geraldine Su , who is specialised in sovereign funding; Tan Yan Yan , who is experienced in REITs; and Livia Hong, who is a key name for equity securities offerings.
Responsables de la pratique:
Wan Kai Chee; Kelvin Loh
Autres avocats clés:
Zandra Tan; Geraldine Su; Tan Yan Yan; Livia Hong
Les références
‘The RLP team is a standout legal practice defined by its deep bench of technical expertise, commercial sensibility, and collaborative culture. Across multiple engagements, the team has consistently delivered high-quality legal support with precision, clarity, and speed. They are particularly skilled at navigating complex, time-sensitive matters while remaining responsive and accessible.’
‘The team has gone above and beyond including burning the midnight oils to ensure that all targets are achieved on time. They have also provided legal advice and services beyond their scopes to ensure that the client’s interests are protected at all times.’
‘Zandra Tan – is well experience in her field and her in depth understanding as well as ability to work with the regulators enables the project to be completed on time. This also allows us to overcome all obstacles with less stress.’
Principaux dossiers
- Advised VTTI Finance B.V. in respect of the refinancing of debt.
- Advised Saracap Ventures Sdn in relation to the issuance of medium-term notes.
- Advising CUCKOO International (MAL) Berhad as Malaysian counsel, in relation to its proposed initial public offering and listing of its shares on the Bursa Malaysia.
Zaid Ibrahim & Co
Renowned for its debt capital markets expertise, Zaid Ibrahim & Co is frequently instructed on complex mandates involving the issuance of bonds, commercial papers and medium term notes. The team’s experience of securitisation and structured finance extends across real property, hire purchase receivables and whole business securitisations. Lilian Liew and Chin Sook Kwan form the duo who head up the practice. Liew is a popular choice for large debt restructurings and sustainability-linked financing. Sook Kwan is highly regarded for her expertise in asset securitisation and other structured financing transactions.
Responsables de la pratique:
Lilian Liew; Chin Sook Kwan
Les références
‘The team at ZICO is one of the leading capital markets practices in Malaysia and have been at the forefront of offshore financing in the conventional and sukuk markets for a number of years. Their depth of knowledge and experience provides a strong value add to any transaction.’
‘Sook Kwan and Lilian are both very approachable and commercial when acting on capital markets matters, solutions-oriented and able to guide the parties to a sensible outcome.’
Principaux clients
HSBC Amanah Malaysia Berhad
Kenanga Investment Bank Berhad
Maybank Investment Bank Berhad
CIMB Investment Bank Berhad
Principaux dossiers
- Advised HSBC Amanah Malaysia Berhad on the first ever Islamic Securitisation Transaction in Malaysia.
- Acted as legal advisers to (i) Maybank Investment Bank Berhad as the principal adviser, and (ii) CIMB Investment Bank Berhad and Maybank Investment Bank Berhad as the joint lead arrangers for the establishment of an Islamic commercial papers programme and Islamic medium term notes programme.
Zul Rafique & Partners
Zul Rafique & Partners is relied on in the debt capital raising and securitisation space to assist with the issuance of private debt securities, notably asset-backed securitisation, commercial papers and medium term notes and programmes. Loh Mei Mei is the go-to advisor for corporate banking and specialises in a range of financing transactions. Kung Suan Im excels in acquisition financing, bonds and Sukuk matters. Ashela Ramaya is particularly well versed in the financing of data centres and renewable power projects. Chan Kwan Hoe shines in the issuance of private debt securities, corporate bonds and Sukuk. Celine Rangithan is experienced in sustainability-linked Sukuk issuances, and Jayden Chuah is noted for his debt restructuring expertise. All lawyers mentioned co-head the practice.
Responsables de la pratique:
Loh Mei Mei; Kung Suan Im; Ashela Ramaya; Celine Rangithan; Chan Kwan Hoe; Jayden Chuah Jer Yang
Les références
‘Well regarded firm, skilful and professional team of lawyers, fairly diversified and highly collaborative.’
‘Ms Loh Mei Mei for her professionalism, responsiveness, deep experience and knowledgeable in most economic sectors, making it easier to work on complex transactions’
‘Zul Rafique & Partners is a well-established law firm in Malaysia with extensive experience and a leading firm in the capital market space. ’
Principaux clients
Maxis Berhad
Standard Chartered Bank Group
Maybank Group
Bank of China
Affin Group
HSBC Group
CIMB Bank Group
OCBC Group
Genting Berhad
RHB Group
MIDF Group
Bank Kerjasama Rakyat Malaysia
Cathay United Bank
MUFG Bank
Sumitomo Mitsui Banking Corporation Malaysia Berhad
United Overseas Bank
Deutsche Bank
First Abu Dhabi Bank
International DInance Corp
NIIF Infrastructure Finance Limited
PT Bank Jtrust Indonesia TBK
Aolani Cloud I Limited
Bank of Ireland
Commercial Bank of Dubai PSC
Hong Leong Bank Vietnam Limited
Principaux dossiers
- Advised on PHB’s Sukuk Murabahah Programmes.
- Advised on the establishment of a subordinated perpetual Islamic medium-term notes programme.
- Advised on the establishment of an Islamic medium term notes programme and Islamic commercial papers programme.
Cheang & Ariff
Cheang & Ariff‘s capable capital markets team combines expertise in debt and equity capital markets, securitisation, derivatives and corporate trusts. The team is particularly noted for its equity capital markets work, with the team regularly overseeing listings on both the ACE and Main markets of the Bursa Malaysia. Jointly steering the team is Tan Ming-li, Yoon Ming Sun, Yeat Soo Ching, Adriel Lau Jin Son, Cindy Cheang Foong Kim and Loong Wai Teng.
Responsables de la pratique:
Tan Ming-li; Yoon Ming Sun; Yeat Soo Ching; Adriel Lau Jin Son; Cindy Cheang Foong Kim; Loong Wai Teng
Les références
‘The Capital Markets practice of Cheang & Ariff stands out for its regulatory expertise, transactional precision and proactive client service. The firm is well regarded for advising on complex local and foreign IPOs, public fundraising exercises and takeovers and mergers.’
‘Cheang & Ariff is able to combine technical rigour with commercial sensibility, hence enabling the delivery of innovative legal solutions to clients.’
‘Mr. Yoon Ming Sun is technically sound and commercial in his approach to transactions and IPOs we have worked with him on. Clients appreciate his ability to foresee potential regulatory hurdles and propose workable alternatives under tight deadlines.’
Principaux clients
Oriental Kopi Holdings Berhad
Aquawalk Group Berhad
MKH Oil Palm
Zantat Holdings Berhad
Maybank Investment Berhad
Pantech Global Berhad
PESTEC International Berhad
Axington
Principaux dossiers
- Advised Oriental Kopi Holdings Berhad on its IPO.
- Advised Aquawalk Group Berhad on its proposed IPO.
- Advised MKH Oil Palm (East Kalimantan) Berhad on its IPO.
Lee Hishammuddin Allen & Gledhill
Lee Hishammuddin Allen & Gledhill covers a wide range of capital market transactions, notably equity and debt capital markets, securitisation, structured finance, derivatives and Sukuk issuances. Tay Weng Hwee takes on the role of practice head and is highly regarded for his expertise in cross-border financings, notably ACE and Main Market listing on Bursa Malaysia. Megat Hizaini Hassan is a key support to the practice with a strong reputation in Sukuk mandates, notably Murabaha and Ijarah transactions. Bella Chu Chai Yee is also an asset to the team when handling equity-related transactions and IPO formations.
Responsables de la pratique:
Tay Weng Hwee
Autres avocats clés:
Megat Hizaini Hassan; Bella Chu Chai Yee
Les références
‘Our firm is pleased with the expertise shared, communication and collaboration we had with Lee Hishammuddin Allen & Gledhill. They consistently perform very well. Work well with our timeline.’
‘I am very pleased and happy to work with Mr Megat. He gives the best cooperation and shows exceptional expertise in the field of Islamic finance.’
Principaux dossiers
- Advised Top Glove Corporation Bhd on a bonus issue of up to 405,846,911 warrants.
- Advised LSH Capital on the transfer of its listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad.
- Advised QSR Stores Sdn Bhd on a Sukuk Wakalah.
Mohamed Ridza & Co
The Mohamed Ridza & Co capital markets team is well versed in private debt securities issuances, structured finance exercises and fund-raising activities in both conventional and Islamic capital markets. Overseeing the running of the practice is Mohamed Ridza Abdullah, who is an expert in the oil, gas and petrochemical spaces; Mohamad Nazran Basirun, who is a go-to advisor for offshore mandates; Naseem Binti Mohamed Abdulla, who excels in the establishment of REITs; and Nur Adila Omar, who is specialised in unit trust funds and REITs. Shazana Abdul Aziz acts as a key support to the team.
Responsables de la pratique:
Mohamed Ridza Abdullah; Mohamad Nazran Basirun; Naseem Mohamed Abdulla; Nur Adila Omar
Autres avocats clés:
Shazana Abdul Aziz
Principaux clients
JLG REIT Managers Sdn Bhd
AmInvestment Bank Berhad
CIMB Investment Bank Berhad
Maybank Investment Bank Berhad
RHB Investment Bank Berhad
Pelaburan Hartanah Berhad
Principaux dossiers
- Advised Pelaburan Hartanah Berhad on the issuance of Islamic commercial papers and Islamic medium-term notes under a Sukuk Murabahah programme.
- Advised AmInvestment Bank Berhad, CIMB Investment Bank Berhad, Maybank Investment Berhad and RHB Investment Bank Berhad in respect of the Islamic Commercial Papers and Islamic Medium Term Notes Programme.
- Advised JLG REIT Managers Sdn Bhd in respect of the proposed renewal of leases of properties between subsidiaries.
Ben & Partners
Ben & Partners is a boutique law firm specialised in corporate law that is regularly instructed on capital markets matters involving IPOs, fund-raisings, privatisations, reverse takeovers and debt restructurings. Koay Ben Ree spearheads the practice, which benefits from his extensive knowledge of IPOs and fund-raising exercises via equity and debt instruments. Heng Tzi Chin is also an active member of the practice.
Responsables de la pratique:
Koay Ben Ree
Autres avocats clés:
Heng Tzi Chin
Principaux clients
Swift Energy Sdn Bhd
CBH Engineering Sdn Bhd
Wynntech Star Sdn Bhd
Trive Property Group Berhad
Erdasan Group Berhad
Advance Information Marketing Bhd
Principaux dossiers
- Advised Swift Energy Technology Bhd as legal due diligence solicitors on its initial public offering on the ACE Market of Malaysia Bursa Malaysia.
- Advised CBH Engineering Holding Berhad as legal due diligence solicitors on its initial public offering on the ACE Market of Malaysia Bursa Malaysia.
- Advised Camaroe Berhad as legal due diligence solicitors on its proposed listing on the ACE Market of Malaysia Bursa Malaysia.
Chooi & Company
Chooi & Company has established a strong practice in the capital markets space, advising on corporate exercises for Main Market-listed companies and providing regulatory and governance guidance to REIT boards under Malaysian capital markets rules. The trio heading the practice is formed of Karen Cheah Yee Lynn, Jimmy Ng Chwe Hwa and Jimmy Ng Chwe Hwa.
Responsables de la pratique:
Karen Cheah Yee Lynn; Jimmy Ng Chwe Hwa; Leong Wei Chung
David Lai & Tan
The capital markets offering at David Lai & Tan covers a diverse spectrum of work, including fund raising and corporate exercises, take-overs, capital fund raising and IPOs. Tan Yee Boon is responsible for heading up the practice, which benefits from his expertise in IPOs and fund raising exercises. Standout members of the group include Stephanie Chan Pik Jia, who is active in listings on Bursa Malaysia; and Carol Chong Yan Teng, who is well versed in the construction, manufacturing, renewable energy and fintech spaces.
Responsables de la pratique:
Tan Yee Boon
Autres avocats clés:
Stephanie Chan Pik Jia; Carol Chong Yan Teng
Les références
‘The team members are very dedicated and are able to meet the demands of professional parties within a very short timeline. They go extra miles to ensure that their clients achieve their goals.’
‘Stephanie Chan is very knowledgeable and experienced in capital markets work. She is able to convey the requirements of Bursa Malaysia to her clients in an easy-to-understand manner. She is able to quickly identify difficult issues and propose ways to resolved them. ’
‘David Lai & Tan stands out for its integrated, partner-led approach that combines deep sectoral knowledge with commercially astute legal advice. The team is known for its responsiveness, strategic insight, and ability to handle high-value, complex matters across multiple industries. Regulatory compliance matters are clearly articulated to ensure easy understanding and to facilitate the identification of potential due diligence concerns.’
Principaux clients
Sorento Capital Berhad
Azam Jaya Berhad
RichTech Digital Berhad
Hydropipes Berhad
Powertechnic Group Berhad
Cheeding Holdings Berhad
Guan Huat Seng Holdings Berhad
Sorento Capital Berhad
Azam Jaya Berhad
RichTech Digital Berhad
Hydropipes Berhad
Powertechnic Group Berhad
Cheeding Holdings Berhad
Guan Huat Seng Holdings Berhad
Sorento Capital Berhad
Azam Jaya Berhad
RichTech Digital Berhad
Hydropipes Berhad
Powertechnic Group Berhad
Cheeding Holdings Berhad
Guan Huat Seng Holdings Berhad
Principaux dossiers
- Advised Azam Jaya Berhad on the listing on the Main Market of Bursa Securities.
- Advised Sorento Capital Berhad on the listing on the ACE Market of Bursa Securities.
- Advised RichTech Digital Berhad on the listing on the ACE Market of Bursa Securities.
Jeff Leong, Poon & Wong
Jeff Leong, Poon & Wong has a wealth of experience in IPO listings on the Main Market, ACE Market and LEAP Markets of Bursa Malaysia, as well as with transfer listings. On the debt capital markets side, the group is experienced in Sukuk programmes. Jeff Leong and Kenny Poon are both responsible for heading the group. Leong is highly skilled in capital raising and corporate exercises, while Poon excels in takeovers, debt restructurings and schemes of arrangement.
Responsables de la pratique:
Jeff Leong; Kenny Poon
Les références
‘The team we worked with was experienced and knowledgeable, they were also prompt and a pleasure to work with.’
‘Technically sound and attentive.’
‘Competency, availability and timely etc.’
Principaux clients
BWYS Group Berhad
KHPT Holdings Berhad
SFP Tech Holdings Berhad
Mega Fortris Berhad
Life Water Berhad
Kenanga Investment Bank Berhad
DS Sigma Holdings Berhad
PMW International Berhad
Ping Edge Technology Berhad
Principaux dossiers
- Advised Mega Fortris Berhad in its internal group restructuring and initial public offering debut on the Main Market of Bursa Malaysia.
- Advised Life Water Berhad in its internal group restructuring and initial public offering debut on the Main Market of Bursa Malaysia.
- Advised PMW International Berhad in its internal group restructuring and initial public offering debut on the ACE Market of Bursa Malaysia.
Kadir Andri & Partners
Kadir Andri & Partners demonstrates strong capabilities across both debt and equity capital markets, with particular expertise in Islamic finance, Sukuk programmes and sustainability-linked structures, as well as in cross-border IPO work involving complex group restructurings. The group is jointly run by Dato Andri Aidham, Tan Kong Yam and Siew Choy Ling. Choy Ling is particularly noted for her experience handling bond and Sukuk transactions.
Responsables de la pratique:
Dato Andri Aidham Badri; Tan Kong Yam; Siew Choy Ling
Les références
‘Our company engaged KAAP for several transactions, from conveyancing to corporate dealings.’
‘Siew Choy Ling provided consistent, reliable and accurate advice/guidance throughout the process.’
Principaux clients
Pantai Holdings Sdn. Bhd
Crest Group Berhad
Principaux dossiers
- Advised Pantai Holdings Sdn. Bhd on the establishment of an Islamic commercial paper programme and Islamic medium term note programme.
- Advised Crest Group Berhad in relation to its listing on the ACE Market of Bursa Malaysia Securities Berhad.
KhaiLing Yau Chambers
Corporate boutique firm KhaiLing Yau Chambers regularly acts as advisor to investors and issuers on investment and fund-raising exercises, by way of convertible securities. Founding partner Yau Khai Ling and Lau Yuet Sian jointly lead the team. Khai Ling is extremely knowledgeable on matters concerning reverse takeovers, IPOs and schemes of arrangement, and Yuet Sian is a key contact for listings and transfer listings in Malaysia.
Responsables de la pratique:
Yau Khai Ling; Lau Yuet Sian
Les références
‘KLYC’s speed and efficiency, while consistently maintaining a high standard of professionalism, are truly commendable. Given the tight and often rigid timelines in capital market work, their ability to deliver high-quality insights within such timeframes clearly sets them apart from other firms in this space.’
‘Khai Ling and Yuet Sian are highly knowledgeable in the relevant legislation and regulations governing capital market exercises. They are approachable, responsive, and hands-on in their work. Their ability to deliver within demanding timelines is equally commendable.’
‘The team is led by two partners, Yau Khai Ling and Lau Yuet Sian, both of whom are meticulous, highly knowledgeable in the law, and well attuned to commercial realities—especially valuable in today’s uncertain and dynamic landscape.’
Principaux dossiers
- Advised Triton Capital Fund VCC in the subscription of convertible bonds in MQ Technology Berhad.
- Advised Sycamore Capital SPC in the subscription of convertible debentures convertible into shares of Global Consumer Public Company Limited.
- Advised Sycamore Capital SPC in the subscription of convertible debentures into shares of I&I Group Public Company Limited.
Mah-Kamariyah & Philip Koh
With strong equity capital markets expertise, Mah-Kamariyah & Philip Koh is regularly involved in REIT transactions, as well as other listings on the ACE and Main Markets of Bursa Malaysia. Adrian Koh is responsible for the running of the practice, with Yee Chew Yan ably supporting the group. Both of are considerably experienced in corporate and securities regulation.
Responsables de la pratique:
Adrian Koh
Autres avocats clés:
Yee Chew Yan
Les références
‘They communicate very well. Each attorney took responsibility for their tasks and made sure to have one voice when communicating to the client.’
‘Adrian Koh is a strong figure in the room. He delivers a lot of knowledge very humbly.’
‘Professional, knowledgeable, responsive, always protect client’s interest, excellent commercial sense.’
Principaux clients
Paradigm Real Estate Investment Trust
Alpha IVF Group Berhad
Johor Plantations Group Berhad
Well Chip Group Berhad
OB Holdings Berhad
Pappajack Berhad
HI Mobility Berhad
SAM Engineering & Equipment
Binastra Corporation Berhad
Tower Real Estate Investment Trust
OCR Group Berhad
Principaux dossiers
Peter Ling & van Geyzel
The capital markets team at Peter Ling & van Geyzel is noted for its work in the equity capital markets space, with the team routinely involved in listings, rights issuances and other corporate exercises. Founding partner Peter Ling serves as practice head.
Responsables de la pratique:
Peter Ling
Principaux clients
Classita Holdings Berhad
Harvest Miracle Capital Berhad
Hong Seng Consolidated Berhad
MMAG Holdings Berhad
Mpire Global Berhad
Revenue Group Berhad
TP Tec Holding Berhad
Principaux dossiers
- Advised power and equipment solutions provider TP Tec Holding Bhd on their listing exercise on the LEAP Market of Bursa Malaysia.
- Advised Bursa Malaysia listed Revenue Group Berhad on their rights issue exercise.
- Advised ACE Market listed Harvest Miracle Capital Berhad on their rights issue.
Shearn Delamore & Co
Shearn Delamore & Co is best known for its involvement in bonds and Sukuk issuances, MTNs, commercial papers, structured products and asset-backed securitisation. Pamela Kung is in charge of leading the practice, which benefits from her knowledge of structured lending and issuance of corporate bonds and Sukuk. Nicholas Tan Choi Chuan is a key name for IPO expertise, as well as specialist knowledge of the education, oil and gas, manufacturing and telecoms sectors.
Responsables de la pratique:
Pamela Kung
Autres avocats clés:
Nicholas Tan
Principaux clients
Credit Guarantee and Investment Facility
Maxeon Solar Technologies, Ltd.
International Finance Corporation
Ashurst LLP
Milbank LLP
Principaux dossiers
- Acted as Malaysian counsel for the investors in respect of the Secured Notes due September 2026 and Secured Notes due August 2028 issued by AirAsia RB 1 Ltd.
- Acted as Malaysian counsel for CGIF in respect of senior unsecured bonds issued by PowerDC Holdco.
- Acted as Malaysian counsel for Maxeon Solar Technologies, Ltd. as issuer in respect of the issuance of Tranche A Adjustable-Rate Convertible Second Lien Senior Secured Notes.
Wong Beh & Toh
At Wong Beh & Toh, the capital markets team demonstrates consistent strength in handling accelerated transfer listings and fast-track IPOs. Cynthia Toh Mei Lee, Yeap Lin Lin and Melissa Tan are all names to highlight in the team.
Autres avocats clés:
Cynthia Toh Mei Lee; Yeap Lin Lin; Melissa Tan
Les références
‘Wong Beh & Toh’s Capital Markets practice stands out for its partner-led, solution-driven approach. What makes the team truly unique is their deep understanding of both legal frameworks and commercial objectives, enabling them to craft practical, risk-aware advice that facilitates rather than hinders execution.’
‘Yeap Lin Lin stands outs for her rare combination of technical depth, commercial acumen, and genuine client care. She remains hands-on throughout the transaction engagement, ensuring continuity, responsiveness, and quality control.’
‘Comprehensive legal guidance and strong cross-functional collaboration.’
Principaux clients
Vetece Holdings Berhad
Solar District Cooling Sdn Bhd
Northeast Group Berhad
Food Innovators Holdings Limited
3REN Berhad
Infoline Tec Group Bhd
Cropmate Bhd
Pekat Teknologi Sdn Bhd
TT Vision Holdings Berhad
Yenher Holdings Berhad