Sheng & Co

Malaysia

Analysis

Overview

Established in September 2024, Sheng & Co is a Mont Kiara-based commercial law firm focusing on corporate mergers and acquisitions, joint ventures and transactional advisory work. Its practice spans diverse sectors including education, real estate, logistics, nanotechnology and energy, with a growing cross-border presence across Asean markets, serving clients from Singapore, India, Vietnam, Taiwan and China. The firm is led by founding partner David Lim. 

Client feedback 

The team at Sheng & Co is highly responsive and professional. They provided clear, timely updates and were proactive in following up with both the buyer and the target company. Their advice was accurate and commercially practical, which helped streamline the acquisition process.” – Corporate and M&A 

Sheng & Co was prompt and understood the pressure points of our investment, which was crucial in ensuring an effective negotiation and ultimately securing closing for the transaction.” – Private equity 

David Lim 

David is highly responsive, detail-oriented, and demonstrates a strong understanding of the legal and commercial aspects of transactions. He communicates clearly and is proactive in identifying potential issues early, which helps ensure smooth execution. His ability to balance technical legal advice with practical business considerations is particularly valuable during the deal.” 

Corporate and M&A

Work highlights 

Advised Bintang Capital Partners on its RM10.75 million ($2.5 million) investment in Project Studio (The Flow Studio), a Malaysia-based yoga and Pilates firm operating across seven locations. The November 2024 transaction involved a RM9.4 million subscription of redeemable convertible preference shares and RM1.35 million acquisition of ordinary shares, featuring innovative structuring that secured minority shareholder protections including drag-along rights. The deal enables The Flow Studio's expansion across Asean markets while strengthening Bintang's gender-lens investment portfolio. 

Key clients 

Crescendo Corporation, KJTS Group, SeaTown Private Capital Master Fund