CORPORATE DIVISION

  Overview  

Skrine's Corporate Division is regarded as being one of the leading practices in the country and has an extensive track record of deftly handling high profile and complex transactions.

The division is led by 13 partners, many of whom are ranked as leading individuals in their respective areas of practice by renowned legal publications and journals.

The wide range of corporate and commercial services offered includes the following areas: mergers and acquisitions, competition, oil and gas, mining and mineral resources, asset-based financing and securitization including shipping finance, banking and finance (including Islamic finance), capital markets, energy, natural resources and utilities, environment, health and safety, international trade, project finance, venture capital and private equity, real estate, securities, tax and trusts.

Publications

Disclaimer

The contents of these articles from our newsletter are of a general nature. You are advised to seek specific legal advice on any transaction or matter that may be affected by these articles. If you require further analysis or explanation of the subject matter, please contact our partners or the person whom you normally consult.

Capital Markets

Legal Insights 02/2016, June 2016 – “Malaysia’s Match Making Industry is Open for Business”
The writer examines the Securities.

Consumer Law

Legal Insights 03/2016, September 2016 – “Now Everyone Can Fly, With Less Headaches!”
A review of the Malaysian Aviation Consumer Protection Code 2016

Corporate Advisory 

Legal Insights 03/2016, September 2016 - “A Review of the Companies Act 2016 Part 2”
This article focuses on the requirements pertaining to the dispensation of annual general meetings and to member’s written resolutions.

Legal Insights 02/2016, June 2016 - “Out With The Old, In With The New “
This article highlights the key changes under Company Bill 2015.

Legal Insights 02/2016, June 2016 - “Fair Reward For An Honest Year's Work”
The writer discusses ways to mitigate the risk of non-executive directors being deprived of directors’ remuneration.

Environmental Law

Legal Insights 01/2016, March 2016 – “One (Baby) Step At A Time”
The writer discusses the Paris Agreement.

  Accolades  

Chambers Asia Pacific 2017

Corporate / M&A

Leading corporate practice, particularly proficient on mandates concerning the power, oil and gas sectors, as well as in the real estate, insurance and finance spheres. Frequently acts on high-value M&A and joint ventures, as well as on cross-border investments and property acquisitions.

Advised China General Nuclear Power on its USD2.3 billion acquisition of seven power generation subsidiaries of 1Malaysia Development, including Edra Energy and Edra Solar.

Assisted Endurium Holding with the USD19 million sale of all shares in Taylor-Wharton Malaysia to Air Water.

Significant clients include Kulim, Murphy Oil.

Notable practitioners

Cheng Kee Check gains respect across the market for a comprehensive capability offering that includes M&A, restructuring and expertise relating to insurance. Appreciated by peers for his assured and even-tempered handling of major transactions, he lately assisted a client with a significant acquisition in the insurance space.

Janet Looi maintains a solid reputation among sources, who describe her as "a very, very good corporate lawyer" who is "nice to deal with and does a thorough job." Her diverse practice incorporates mergers, acquisitions and joint ventures, and she also offers valuable expertise pertaining to environmental issues.

Quay Chew Soon's broad practice includes assisting corporate clients in relation to insurance and restructuring issues. He also advises on joint venture and M&A transactions, as well as cross-border investments.

Banking & Finance

Especially active on project finance mandates, as well as a range of other conventional and Islamic transactions. Regularly represents prominent financial institutions in restructurings, asset and acquisition finance and loan transactions.

The team's swift responsiveness is commended, with one source noting: "The team was efficient and came up with speedy and precise responses."

Practice co-head Philip Chan is a key contact in the department.

Projects, Infrastructure & Energy

Prominent firm, especially noted for its wealth of oil and gas sector know-how. Well placed to assist clients in oil and gas-related M&A and upstream matters. Additionally offers a well-developed construction and engineering department.

A source praises the group's business acumen: "They are very commercially minded people, very flexible and a good team." Another clients notes: "I am highly impressed with the firm."

Represented Petronas Gas in a dispute against a waste water management company, regarding contamination of its pipeline. Acted for Arkema Thiochemicals in a contractual dispute relating to the development of a chemical plant in Kerteh.

Significant clients include Sime Darby, SSI Schaefer, T.R. Hamzah & Yeang.

 

Legal 500 Asia Pacific 2017

Corporate /M&A

Skrine’s corporate department is led by Theresa Chong. Janet Looi advised Endurium Holding on the sale of Taylor–Wharton Malaysia to Air Water. Faizah Jamaludin’s highlights included assisting China General Nuclear Power Corporation with acquiring energy assets from 1MDB. Cheng Kee Check advised Fairfax Financial Holdings on its acquisition by its subsidiary. Other clients include Murphy Oil Corporation and Kulim.

Leading Individuals

Faizah Jamaludin

Janet Looi

Theresa Chong

Banking & Finance

Skrine’s work includes acting for a broad range of lenders on high–value ringgit–, dollar– and pound–denominated syndicated term loan facilities. Philip Chan heads the practice.

Projects & Energy

Skrine’s oil and gas, energy and utilities department is led by Faizah Jamaludin, who advised China General Nuclear Power Corporation on its $2.3bn acquisition of 1MDB’s power assets and assisted Murphy Oil Corporation with a $2bn sale of assets to Pertamina Malaysia Eksplorasi Produksi.

Real Estate

Theresa Chong and Philip Chan head Skrine’s real estate department. Chan advised Malaysia’s Social Security Organisation on the RM575m purchase of a Kuala Lumpur office tower.

 

IFLR 1000

Energy and Infrastructure

Skrine is active in areas such as energy, oil and gas, shipping and healthcare. The firm has been primarily engaged in sector related M&A in the past year including the acquisition of power subsidiaries of 1Malaysia Development Berhad (1MDB) by China General Nuclear Power Corporation (CGN). It resulted in CGN owning 13 power plants across five jurisdictions including Malaysia, Pakistan, Bangladesh, UAE and Egypt.

Financial and Corporate

Skrine is a reputable firm without doubt in the M&A space in Malaysia, but its banking and finance team has emerged as one of the market’s strongest practices too.

Last year, the M&A team led by senior partner Theresa Chong continued its track record of strong work across different sectors including insurance, financial institutions and oil and gas. Highlights include the acquisition of shares in Taylor-Wharton Malaysia by Air Water. Elsewhere, partner Faizah Jamaludin represented Murphy Oil Corporation in connection with the acquisition by Pertamina of a 30% interest in its oil and gas exploration and production assets in the country.

Despite all of the banking and finance team’s work being confidential, the team continued to show its capability in acting for major international and domestic financial institutions in the areas of acquisition finance, asset financing and leasing, corporate recovery and insolvency, Islamic finance, project and property finance, restructuring and work-outs and retail banking.

 

Asialaw Profiles 2017

Corporate/M&A

Skrine’s large and experienced corporate M&A team advises on a wide range of topics including complex projects for multinational companies. Janet Looi Lai Heng advised Endurium Holding on its sale of Taylor-Wharton Malaysia for $19 million. Faizah Jamaludin advised China General Nuclear Power Corporation on its $2.3 billion acquisition of 1Malaysia Development’s power assets.

Banking & Finance

Though peers remain sceptical, clients are impressed by the quality of service of Skrine. “Skrine never fail to impress and constantly punch well above their weight,” one client says. Philip Chan regularly acts as Malaysian counsel for local and global companies. This year Chan represented two local Islamic financial institutions in a RM1.1 billion syndicated commodity murabaha term financing facility.

Competition & Antitrust

Skrine has built an excellent competition practice in Malaysia. Faizah Jamaludin leads the team and is actively involved with the government working group on the drafting of Malaysia’s competition laws. The firm also represents clients in block exemptions applications, cartel and abuse of dominance investigations and leniency applications. This year, it acted for the Shipping Association of Malaysia in a block exemption application to the MyCC.

Energy & Natural Resources

Skrine consolidates its ranking this year for its role in many oil and gas M&A transactions in Malaysia. Faizah Jamaludin represented a Chinese state-owned enterprise in its acquisition of 1MDB power assets for $2.3 billion. This matter was one of the largest power asset transactions in Asia in 2015. In another case, Jamaludin advised Kulim (Malaysia) on its acquisition by Sime Darby for £1.1 billion.

Project & Infrastructure

Skrine has built a reputation for outstanding services in project finance. It is the preferred firm of clients from the manufacturing, aircraft, shipping, property, tourism and mining sectors. Theresa Chong heads the corporate division of the firm and has vast experience in the drafting and negotiation of loan and security documentation on behalf of lenders and borrowers.

Restructuring & Insolvency

Skrine’s corporate restructuring practice is highly regarded among peers. Theresa Chong and her team work closely with leading financial institutions and companies, and advise on corporate structures, due diligence exercises and debt restructuring agreements.

 

 
ACCOLADES & AWARDS

Skrine Retains Who’s Who Legal Accolade for Malaysia

On 15th May 2017, the Who’s Who Global Awards was held in London, United Kingdom and Skrine was conferred the Award:

Malaysia Law Firm of the Year 2017

Skrine previously received this Award in 2013, 2014, 2015 and 2016.

>> READ MORE

SKRINE Clinches Top Honours at ALB Malaysia Law Awards 2017

On 6th April 2017, the Asian Legal Business Malaysia Law Awards was held and SKRINE was named

Malaysia Law Firm of the Year 2017

SKRINE also bagged 5 other awards

>> READ MORE

Asialaw Profiles 2017

The Asialaw Profiles has ranked Skrine as Outstanding Firm and particularly highlighting the following practice areas:

Outstanding Firm

  • Competition & Antitrust
  • Corporate/M&A
  • Dispute Resolution
  • Energy & Natural Resources
  • Intellectual Property
  • IT, Telco & Media
  • Project & Infrastructure

>> READ MORE

PDPA NOTICE

English | Bahasa Malaysia