The practice at Lee Hishammuddin Allen & Gledhill includes advising on regulatory work, Islamic finance, the restructuring of debt facilities, and liability management. The firm has impressive relationships with an array of local and international banks, such as AFFIN Islamic Bank Berhad, and delivers advice to Malaysian lending companies regarding Shariah-compliant auto-service financing. Tay Weng Hwee heads the team and is experienced in transactional work, where he recently acted for Sabah Credit Corporation in relation to the proposed variation of negative covenants in its Sukuk Musharakah programme. Megat Hizaini Hassan is heavily involved in the firm’s Murabahah transactions and remains at the forefront of the Islamic finance segment, while Bella Chu Chai Yee continues to advise on real estate, corporate, and financial restructuring deals.
Key clients
- AFFIN Islamic Bank Berhad
- Direct Lending Sdn Bhd
- OSK Holdings Berhad
- Sabah Credit Corporation
Work highlights
- Advised OSK Holdings in respect of the legal documentation for its Islamic term financing and Islamic revolving credit facility.
- Advised Direct Lending in relation to its online Shariah auto service financing facility.
- Advised Sabah Credit Corporation on the legal requirements for its proposed variation, drafted the notice of an extraordinary general meeting of the Sukuk holders, the relevant Sukuk holders' resolution, and the supplemental programme agreement and trust deed.
Practice head
The lawyer(s) leading their teams.
Tay Weng Hwee