Zaid Ibrahim & Co has advised Axiata Group, the largest Asian telecommunications group, on its dual offering of $500 million 10-year trust certificates and $1 billion 30-year senior notes, with Clifford Chance and Adnan, Sundra & Low representing the arrangers and the bookrunners.
With COVID-19 making in-person events difficult, the 7th annual ALB Malaysia Law Awards was a virtual one, making it ALB’s first-ever online awards ceremony. However despite the obstacles, it turned out to be a roaring success.
Some 21 percent of Malaysia’s lawyers are contemplating ceasing practice or closing their law offices due to the impact of the national lockdown instituted as a response to the COVID-19 pandemic.
The renowned ALB Malaysia Law Awards is returning for its 7th edition this year, on August 14, with a brand-new format of celebration – virtual awards ceremony. The annual event will continue to give recognition to the outstanding legal practitioners and most significant deals from within and around Malaysia.
Baker McKenzie’s Malaysian member firm Wong & Partners has added two new partners - Lydia Kong and Addy Herg – from investment firm Navis Capital and Skrine, respectively.
Clifford Chance has advised Malaysia’s Berjaya Corporation and its subsidiary, Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha, on the sale of Four Seasons Hotel & Hotel Residences Kyoto in Japan to Godo Kaisha Tigre for 49 billion yen ($457 million).
Linklaters has advised Charoen Pokphand Group on its purchase of British retailer Tesco’s businesses in Thailand and Malaysia for $10.6 billion. Tesco was counselled by Freshfields Bruckhaus Deringer and Allen & Overy.
Five former partners of Lee Hishammuddin Allen & Gledhill (LHAG), Malaysia’s second-largest law firm, have started a new firm called Rosli Dahlan Saravana Partnership (RDS) following an intra-firm dispute over tax treatment of money in client accounts.
India’s Vishnu Mehra & Co. has entered into an alliance with Malaysian law firm Malek, Paulian & Gan (MPG) as the two firms aim to enhance their cross-border legal offerings.
The annual ALB Malaysia Law Awards is now open for submissions! Returning for its seventh edition, ALB continues to celebrate outstanding contributions of private practitioners and in-house counsels within Malaysia’s legal landscape. The black-tie event will be held on Thursday, March 26 in Kuala Lumpur.