Abdullah Chan & Co is renowned for its ability to manage financing matters for large banks and financial institutions. The firm has a strong track record of handling regular mandates in project finance and is recognised for its proficiency in the aviation sector, providing valuable advice on aviation-related financing and acquisitions. The team is led by Vincent Chan and Gopal Sundaram, who bring extensive experience and knowledge to the table.
Work highlights
Advised Permodalan Nasional in the RM1.01 billion ($214 million) acquisition of Malaysian Industrial Development Finance by Malaysia Building Society. The landmark transaction involved complex regulatory approvals from Bank Negara Malaysia, Securities Commission and Ministry of Finance, creating Malaysia's second-largest standalone Islamic bank. The merger significantly expanded MBSB's capabilities from retail and commercial banking to include corporate banking, investment banking, development finance and asset management, setting a precedent for future consolidation in Malaysia's financial services sector.
Work highlights
Advised PNB on the RM73 billion ($17.3 billion) merger between MIDF group of companies and MBSB banking group, navigating complex regulatory requirements from multiple authorities including Bank Negara Malaysia.
Key clients
MBSB Bank, PNB
