Joint Managing Partners: Ms Lily Tan Chea Li and Mr Chung Swee Loong
Senior Partner: Mr V Vijakumar
Number of partners: 14
Number of consultants: 1
Number of lawyers: 28
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 has expanded and evolved over the decades. Today, Albar & Partners is an award-winning law firm based in Kuala Lumpur with over 40 fee earners and a dedicated support team of nearly 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
-Corporate & Commercial
-Litigation & ADR
Banking & Finance Debt Capital Markets, Islamic Finance & Project Finance:
8 partners, 21 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. It has vast experience in private debt securities-canvassing bonds, commercial papers and medium-term notes (both conventional and Islamic), Sukuk, convertible securities, perpetual and subordinated debt instruments. The firm acts principally for local and international financial institutions, state-owned entities, multinational and government-linked corporations. The partners and associates have the requisite skills and depth of knowledge to advise on and structure transactions which are customised to its clients’ needs coupled with a practical approach to balance between the parties’ objectives.
■ Advised the principal advisers, joint lead arrangers and managers in the structured covered Sukuk Murabahah facility of RM2.295 billion by MBSB Bank Berhad (Debt Market Deal of the Year: ALB Malaysia Law Awards 2019)
■ Advised the issuer in the perpetual Islamic notes programme of RM2 billion based on the Shariah principle of Musharakah established by UMW Holdings Berhad (Musharakah Deal of the Year: IFN Law Awards 2018)
■ 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)
Key Clients: AmInvestment Bank Berhad, CIMB Investment Bank Berhad, Danajamin Nasional Berhad, UMW Holdings 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 Albar
Emails: [email protected], [email protected] com.my, [email protected]
Corporate/Commercial Advisory & M&A:
6 partners, 18 fee earners
The corporate and commercial practice offers a wide range of company and securities law services dedicated towards serving our clients’ divergent interests and goals in their business. The Corporate team advises in domestic and cross-border M&A acquisitions and divestments, take-overs and reverse take-overs, capital and/ or corporate restructuring and fund-raising exercises, foreign direct investment including formation and restructuring advice of corporate entities, underwriting agreements, joint ventures and partnerships, mergers and de-mergers, privatisation and de-listings, REITs and schemes of arrangements. The Equity Capital Markets team handle all aspects of domestic and cross-border transactions including IPOs, rights offering and private placements. Clients include advisers, agents, trustees, investors and issuers ranging from various industry sectors.
■ Advised the issuer in the public offering of shares by Leong Hup International Berhad in conjunction with its listing on the Main Market of Bursa Malaysia in one of the largest IPOs in Malaysia for 2019
■ 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 (Equity & IPO Deal of the Year award: IFN Law Awards 2018)
■ 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, Felda Global Ventures Holdings Berhad, Leong Hup International Berhad, Malakoff Corporation Berhad, MBSB, MMC Corporation Berhad, Maybank Investment Bank Berhad, Serba Dinamik Holdings Bhd.
Contacts: Ms Lily Tan Chea Li, Ms Natalie Peh Suan Wan, Datin Seet Hooi Ping, Ms Cassandra Hogg
Emails: [email protected], [email protected] com.my, [email protected], [email protected] com.my
Litigation & Dispute Resolution:
2 partners, 1 consultant, 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 team is involved from negotiation, mediation, arbitration and conflict resolution to vigorous courtroom strategy, interlocutory applications, trials and appellate proceedings. This includes advising on capital reduction, schemes of arrangement besides contractual disputes, banking and commercial litigation, construction disputes and arbitration, labour disputes, defamation actions, landlord and tenant disputes, corporate insolvency, negligence disputes, liquidation, bankruptcy and foreclosure proceedings.
■ Represented Naza TTDI Sdn Bhd in a dispute relating to an estate agent’s entitlement of commission fees under the Valuers, Appraisers and Estate Agents Act 1981
■ Represented Proton Edar Sdn Bhd in a dispute relating to the setting aside of an Arbitration Award under the Arbitration Act 2005
■ 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
Key Clients: AmBank (M) 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] com.my
■ Islamic Finance Law Firm of the Year, Debt Market Deal of the Year (DOTY) & Real Estate DOTY – ALB Malaysia Law Awards 2019
■ Equity & IPO DOTY and Musharakah DOTY – IFN Law Awards 2018