Clifford Chance and R&T Sok & Heng Law Office have advised an investor consortium on the $630 million sale of a 70 percent stake in Cambodian microfinance company PRASAC to Korea’s Kookmin Bank (KB), which was represented by Bae, Kim & Lee and DFDL Cambodia.

Linklaters has advised Hong Kong’s The Bank of East Asia (BEA) on its joint acquisition with Sri Lanka’s Lanka Orix Leasing Company International (LOLC) of a controlling majority stake in PRASAC Microfinance, Cambodia’s biggest microfinance institution (MFI).