Our Firm led by Partner and Head of Advisory & Compliance, Fakhrullah Fadzilah and supported by our Financial Services Associate, Zahid Zulkifli acted as the Malaysian counsel who worked alongside One Asia Lawyers (“OAL”) as the lead counsel in relation to Nippon Steel Trading Malaysia Sdn. Bhd.’s subscription of a 10% equity in Leform Berhad (“Leform”), a public listed company on the ACE Market of Bursa Malaysia with OAL leading overall transaction coordination and cross-border engagement with the Nippon Steel Trading group.
The transaction forms part of a strategic investment by the Tokyo-headquartered global trading house’s Malaysian subsidiary into Leform involving the subscription of new shares under a private placement exercise of a significant value.
Our role focused on supporting the transaction through a legal due diligence exercise and advising on Malaysian capital markets and regulatory compliance matters, particularly adherence to Bursa Malaysia’s ACE Market Listing Requirements and key considerations in structuring the strategic investment.
This matter highlights NZC’s experience in supporting cross-border investments into Malaysian listed entities particularly within regulated capital markets.
