Malaysian firm Azmi & Associates has inked a formal agreement to collaborate with Indonesian firm Remy & partners, in a joint venture aimed to boost Islamic banking and cross-border corporate work.
The formal agreement commenced on 27 August 2010, and Azmi & Associates is already preparing to send lawyers on secondment to the Indonesian firm, to assist in cross-border work between Indonesia and Malaysia.
In addition, Azmi & Associates has also established an Indonesian desk in its Kuala Lumpur head office in an effort to achieve greater efficiency in handling cross-border work opportunities – a system that mirrors its existing China desk, set up to support clients with inbound and outbound investments.
The Indonesian desk will be led by Indonesian-qualified lawyer Agah Sujiwa Nugraha.
The firm hopes to break into the vast Indonesian market with this partnership, offering its corporate legal services to the Islamic banking, mining and infrastructure development industries.
Both firms hope to provide local insight to the other, in navigating cross-border business deals and managing extra-territorial litigation to clients in the Asia Pacific region.ALB
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