Established in 2007 following a partnership reorganisation of KM Chye & Murad, boutique firm Murad Yee Partnership focuses its corporate and securities practice on four key areas: mergers and acquisitions, corporate restructuring, capital markets and venture capital/private equity. The firm regularly advises listed companies, government-linked corporations, multinational subsidiaries and foreign entities. Alongside its associate firms, Murad & Foo based in Penang and Hazidin Chan in Kuala Lumpur, the firm has a combined professional strength of 15 to 20 fee-earners, in addition to being able to draw upon an extensive network of international law firms and advisers across south east Asia and beyond. Key contacts at the firm include partners Yee Fook Weng and Kuay Ken Nie.
Client feedback
“They offer very practical and clear guidance to the client – who, in this case, was new to M&A. They provide additional comfort to client where necessary, while managing the risk by providing good mitigating solutions to assist in getting the deal across the line without compromising the client’s position.” – Corporate and M&A
“Knowledgeable, precise, practical, attentive, and cost-effective.” – Corporate and M&A
“Detailed and comprehensive advice, excellent documentation and solution-oriented.” – Corporate and M&A
“Murad Yee Partnership demonstrates tremendous experience and a client-centric approach. They are diligent, responsive and provide insightful legal advice that ensures we are protected. We are treated fairly as clients.” – Corporate and M&A
“Excellent writing skill, good judgement and good knowledge of legal matters.” – Investment funds
“They demonstrate attention to detail and put clients’ interests first.” – Banking and finance
“The team provides strong technical support, ably articulating technical issues for the working group’s consideration. They deliver fast responses and high-quality output within tight deadlines. In addition, the team has developed good rapport and effective working relationships with other members of the working group.” – Regulatory
Fook Weng Yee
“Fook Weng has a practical approach to resolving deal issues while managing the client’s risk.”
“Very attentive, responsive, and knowledgeable.”
“He demonstrates tremendous legal insight and experience, especially in corporate and M&A matters. With a client-centric approach, he ensures we remain on the right legal track.”
“Always provides good solution and prevents us from going into non-relevant matters. Watertight agreement and good negotiation skills with the other party.”
“Technically very sound and able to solve problems.”
Work highlights
Acted as the Malaysian counsel to publicly listed Pestech International in relation to its disposal of the 230kV Kampong Cham-Kratie transmission system in Cambodia, held through its 60% indirectly owned subsidiary, Diamond Power. DPL is a special-purpose vehicle that owns and operates the project. This deal is a significant transaction in the power generation and transmission industry in Cambodia, which is an increasingly important and fast-developing part of the economy.
Acted as the counsel to Hibiscus Petroleum in relation to the proposed purchase of its own shares equivalent to up to 10% of the total issued share capital of the company, together with an accompanying share capital reduction exercise involving an amount of RM800 million ($172 million) to facilitate the proposed share buyback. This corporate exercise is significant as it eliminates more than RM650 million of accumulated historical losses from the company’s balance sheet, thereby facilitating the proposed share buyback and enhancing the company’s ability to declare dividends in the future.
Advised Advanced Packaging Technology on the legal aspects and documentation in relation to its proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act 2016 and other relevant components. This corporate exercise is noteworthy as it involves the establishment of a newly incorporated company (Newco) which will then assume the listing status of the current listed company (Listco), including a share swap/exchange between Newco and the shareholders of Listco.
