News and developments
Azmi & Associates Facilitates and Represents PNB, KWAP and EPF in a Strategic Investment Collaboration with OSRAM
Azmi & Associates is pleased to announce our role as the main counsel and advisor in a groundbreaking strategic investment collaboration that brings together three national fund and retirement institutions - Permodalan Nasional Berhad (“PNB”), Employees' Provident Fund (“EPF”), and Kumpulan Wang Persaraan (Diperbadankan) ("KWAP"), with the counter-party being OSRAM Opto Semiconductors (Malaysia) Sdn Bhd ("OSRAM”).
The main transaction relates to a Sale and Leaseback of its new state-of-the-art facility with joint investment value of RM2Billion and with clear exit plan for the Co-investors.
Azmi & Associates is the lead counsel for PNB, KWAP and EPF with Cherha Hempel roped in to advise on Austrian law. Two other Malaysian top-tier firms were also involved to provide secondary advice to the respective Co-investor.
Our team comprised Senior Partner, Dato' Azmi Mohd Ali, Zuhaidi Mohd Shahari, Mohd Sallahudin Abdullah and Muhammad Inamul Hassan Shah (supported by 4 associates) advised on the deal structuring, legal documentations, navigating the intricacies of the capital market, corporate, investment laws, and international cross border investment advisories.
For further information or legal inquiries, we invite you to explore our official website or reach out to our office. Your partnership in driving positive change is most welcome.
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