Senior Partners: Mr V Vijakumar, Ms Lily Tan Chea Li, Mr Chung Swee Loong
Number of partners: 16
Number of consultant: 1
Number of lawyers: 25
Languages: Bahasa Malaysia, Chinese Mandarin and dialects, English, Tamil
Albar & Partners can trace its origins back to 1981 when the firm’s founding partner Syed Zaid Albar, formed Albar & Co. With the admission of more partners, the firm expanded and evolved over the decades. Today, Albar & Partners is an award-winning law firm based in Kuala Lumpur with total professional and support staff strength of 100. With the firm’s comprehensive understanding of the financial markets and wealth of experience, it is one of Malaysia’s leading law firms in banking and finance and Islamic banking with a strong emphasis on capital markets, as well as corporate and commercial law.
Main Areas of Practice:
Banking & Finance Debt Capital Markets, Islamic Finance & Project Finance:
9 partners, 20 fee earners
Albar & Partners advises in domestic and cross border corporate and syndicated lending, Islamic financing, bridging and project financing, asset and share financing, offshore lending, asset backed securitisations, structured and mezzanine financing. The firm acts principally for local and international financial institutions, state-owned entities, multinational and government-linked corporations. Its vast experience in private debt securities canvass bonds, commercial papers and medium-term notes (both conventional and Islamic), Sukuk, convertible securities, perpetual and subordinated debt instruments.
■ Advised the issuer in the RM2 billion Sukuk Programme for Senior and Subordinated Sukuk Murabahah established by Danajamin Nasional Berhad, Malaysia’s first financial guarantee insurer (Commodity Murabahah/Tawarruq Deal of the Year: IFN Law Awards 2017)
■ Advised the principal advisers in the RM800 million unrated perpetual Sukuk Wakalah established by Tanjung Bin Energy Sdn. Bhd. (Perpetual Deal of the Year: IFN Law Awards 2017)
■ Advised the principal advisers in the RM245 million issuance by Sinar Kamiri Sdn. Bhd. under the Shariah principle of Wakalah Bi Al-Istithmar based on Securities Commission’s Sustainable and Responsible Investment Sukuk Initiative for construction of a solar photovoltaic energy generating facility
Key Clients: AmInvestment Bank Berhad, CIMB Investment Bank Berhad, Danajamin Nasional Berhad, Hong Leong Investment Bank Berhad, Maybank Investment Bank Berhad, RHB Investment Bank Berhad
Contacts: Ms Lily Tan Chea Li, Mr Chung Swee Loong, Ms Sharifah Dalilah
Emails: [email protected], [email protected], [email protected]
Corporate/Commercial Advisory & M&A:
6 partners, 18 fee earners
The practice advises in domestic and crossborder acquisitions and divestments, IPOs, capital/corporate restructuring and fundraising exercises, foreign direct investment including formation and restructuring advice of corporate entities, mergers and acquisitions, placements and underwriting agreements, joint ventures or partnerships, privatisation and delistings, REITs and schemes of arrangements.
■ Advised Malaysia Building Society (MBSB) in its merger with Asian Finance Bank (AFB), in which MBSB acquired 100% equity interest in AFB in a RM2.2 billion deal creating the second largest stand-alone Islamic bank in Malaysia
■ Advised Prestariang Berhad and its group of companies including Pestariang SKIN Sdn Bhd, the concessionaire of the System Kawalan Imigresen National (SKIN) granted by the Government of Malaysia, in relation to the concession agreement and other related agreements including project financing, master development and service agreements and value-added service agreements in respect of the SKIN project
■ Advised the issuer in Serba Dinamik Holdings IPO (Equity Market Deal of the Year:ALB Malaysia Law Awards 2017)
Key Clients: Airbus SAS, CIMB Investment Bank Berhad, Chemical Company of Malaysia Berhad, Felda Global Ventures Holdings Berhad, Malakoff Corporation Berhad, MBSB, MMC Corporation Berhad, Prestariang Berhad, Serba Dinamik Holdings, SapuraKencana Petroleum Berhad.
Contacts: Ms. Lily Tan Chea Li, Ms. Natalie Peh Suan Wan, Datin Seet Hooi Ping, Ms. Cassandra Hogg
Emails: [email protected], [email protected], [email protected] my, [email protected]
Litigation & Dispute Resolution:
2 partners, 5 fee earners
Albar & Partners dedicated litigators possess the breadth and depth of experience and resources to advise on a broad spectrum of disputes for major financial institutions, insurance corporations, government linked companies and other conglomerates in Malaysia. The practice extends to advising in corporate insolvency, liquidation and receiverships, capital reduction, schemes of arrangement besides contractual disputes, debt recovery and enforcement proceedings.
■ Represented Malaysia Building Society Berhad (MBSB) to obtain the Court’s sanction and Vesting Order with respect to a scheme of arrangement with its shareholders
■ Represented the nation’s sole rice importer to obtain the Court’s order for capital reduction, which was part of its privatisation, selective capital reduction and repayment corporate exercise
Key Clients: AmBank Berhad, Prokhas, CIMB Investment Bank Berhad, MBSB, Hong Leong Bank, Petronas, Public Bank Berhad, TM Berhad.
Contacts: Mr V Vijakumar, Ms Raiza Zakaria
Emails: [email protected], [email protected]