Allen & Gledhill

Myanmar

Analysis

Overview

Stacked with a well-respected team of partners that excel at banking and finance, and corporate matters, Allen & Gledhill is consistently praised by peers and clients. Last year, the firm was involved in shaping the newly-opened insurance sector, acting for four out of six foreign entity joint venture insurance businesses approved to enter the market. Managing partner Minn Naing Oo helms the team that includes noted partners Hsiu-Hau Oh and Jun Yee Lee.

Client feedback

“Well-resourced and responsive, with good sound advice.” – Banking and finance

“The team is very professional, highly competent and customer-oriented, being available days, nights and weekends. It has a client-first attitude and great work ethics. It charges reasonable fees and never complain.” – Capital markets

“It is very responsive, friendly and provide advice that is tailored to our needs in a timely manner. The firm has gained the trust and confidence of not only the in-house legal team but also local and regional management of our parent group.” – Corporate and M&A

“It possesses knowledge of not just local law but also practice on the ground which can be different. The team is friendly and helpful, and provides clear practical advice with sound theoretical underpinnings.” – Corporate and M&A

“I appreciate the responsiveness, diligence, reliability and expertise.” – Corporate and M&A

“It is highly responsive, give good regulatory insights and contacts. It has provided constructive input and advice that considers local cultural workings. Good value for money.” – Insurance

Jun Yee Lee

“He is responsive and gives sound advice.”

Hsiu-Hau Oh

“He is solution-oriented, technically sound, and friendly and helpful.”

“I appreciate his responsiveness and problem-solving expertise.”

“Hsiu-Hau is customer-orientated, competent, skilled and highly knowledgeable. He provides innovative solutions.” 

Minn Naing Oo

“He is highly responsive, friendly and approachable with down-to-earth, practice advice.”

“Minn is very responsive, friendly and provides advice that is tailored to our needs in a timely manner. Back when we first started using the firm, Minn had very quickly gained the trust and confidence of not only the in-house legal team but also local and regional management of our group.  He knows our business well and is ahead of the curve in providing key local knowledge and market updates on things that he knows would be critical to us, often without us needing to ask the question!”

General business law
Work highlights

Acting for the New Yangon Development Company on its series of projects to develop the western region of Central Yangon, the ‘New Yangon City’. The first phase, valued at $1.5 billion, is scheduled to be completed at the end of 2020. This project marks the first time the government of Myanmar has adopted the Swiss Challenge procurement model.

Representing the Adani Yangon International Terminal Company in the development, operation and maintenance of the $290 million Ahlone International Port Terminal and container yard on a BOT basis.

Acted for PTT Public Company on its $200 million joint venture with Kanbawza Group to develop an oil terminal and expand the retail business.

Advised onshore conglomerate and real estate developer Shwe Taung on its joint venture agreement with Aeon Mall Company to develop, manage and operate several shopping malls. This is Japanese conglomerate Aeon’s maiden entry into the Myanmar market for shopping mall projects.

Key clients

Ever Investment Company, GIC Private, Grand Guardian Nippon Life Insurance Company, Myanmar Golden Eagle Company, Yankin Kyay-Oh Group of Companies