A robust performer in both domestic and cross-border mandates, Rahmat Lim & Partners’ capital markets offering continues to advise on an extensive range of high-value matters. On the equity capital markets side, the team handles IPOs in Hong Kong, Singapore and Malaysia, as well as employee share schemes and REITs, whereas in debt capital markets, the group is well versed in the renewable energy space. The team is also noted for its investment funds know-how, and regularly advises global clients on the marketing of offshore private investment funds. Wan Kai Chee is experienced in foreign direct investment into Malaysia and schemes of arrangements and vestings, while Kelvin Loh expertly handles sustainability-linked finance, Basel III-compliant bonds, and listed convertible preference share issuances. Zandra Tan covers corporate finance, Geraldine Su advises private equity firms on sovereign funding and project finance, Tan Yan Yan handles fund and collective investment scheme formations, while Livia Hong oversees joint venture and shareholder arrangements.

Zaid Ibrahim & Co (in association with KPMG Law) houses a leading capital markets practice, distinguished by its ability to advise on the full spectrum of work and its involvement in novel transactions, frequently coordinating with international banks. The department handles regular bonds, asset-backed securities, bank capital instruments, and project finance involving green bonds. The team is jointly led by Lilian Liew, who regularly handles large-scale and complex debt restructurings and sustainability-linked finance, and Chin Sook Kwan, who concentrates on syndicated corporate loans, conventional and Islamic private debt securities, and aviation finance.

Zul Rafique & Partners leverages its robust finance practice to secure a large volume of debt capital markets offerings. The department regularly handles national and global finance transactions, the issuance of private debt securities, convertible exchangeable bonds, and medium-term notes programmes. Industry veteran Loh Mei Mei advises on the full spectrum of corporate banking matters, such as syndications, structured finance and complex landmark transactions, assisting regulatory authorities and financial institutions. Kung Suan Im is well-versed in acquisition financing and bonds, Ashela Ramaya represents corporate borrowers, and Celine Rangithan is proficient in sustainability-linked sukuk issuances. Chan Kwan Hoe covers financing under Shariah and conventional principles, while Jayden Chuah handles bilateral and syndicated loan transactions. All named individuals collectively lead the group.

The nascent capital markets practice at Cheang & Ariff counts derivatives, securitisation, debt and equity capital markets, and corporate trusts within its scope of work. Additionally, the firm is well known for representing corporations in domestic equity offerings on the Main and Ace Markets. Ming-Li Tan demonstrates tenacity on corporate and securities law, and frequently advises on intervention and statutory schemes for distressed companies, while Yoon Ming Sun handles public listings of equities on local, London and Australian stock exchanges. Yeat Soo Ching focuses on takeover transactions for public companies listed on Bursa Securities, whereas Cindy Cheang Foong Kim demonstrates skill in IPO exercises.

Maintaining its upward trajectory, Christopher & Lee Ong counts leading banks and Malaysian public listed companies among its roster of clients. The group frequently undertakes work relating to IPOs, reverse takeovers on the Main Market, the issuance of convertible and exchangeable bonds, and the restructuring of debt arrangements. The team is jointly led by Yon See Ting, who draws on her experience as a member of Bursa Securities’ Market Participants Committee to advise on debt and securities offerings, and Annette Soh, who is proficient in equity capital markets. Justin Chua is recommended for his know-how in relation to Rule 144A/Reg S listings, private placements and rights issues. Adrian Chee and Jennifer Lee joined the team from Adnan Sundra & Low in January 2024.

Standing out for its combination of legal and commercial acumen, Lee Hishammuddin Allen & Gledhill handles the full spectrum of capital markets work. On the debt side, the group advises on equity-linked issues, regulatory capital, and hybrid and subordinated debt, whereas equity work includes secondary offerings, private placements and the regulatory elements of cross-border IPOs. Weng Hwee Tay oversees the practice and displays strong transactional expertise in complex financings, such as Main Market listings. Megat Hizaini Hassan is renowned in the Islamic finance sphere, and primarily handles debt restructurings and sukuk mandates. Bella Chu Chai Yee is recommended for her work in IPO formations, listing requirements and equity-related matters.

Evidenced by its involvement in a plethora of debt and equity capital markets transactions, Mohamed Ridza & Co is a reputable firm in the market. The group routinely advises on the issuance of Islamic securities, consortium agreements with foreign companies, and the review of documents for listed entities to Bursa Securities. The leadership trio comprises Mohamed Ridza Bin Abdullah, who handles the listing of public companies, Mohamed Nazran Basirun, a key contact for offshore business projects, and Naseem Binti Mohamed Abdulla, who concentrates on real estate investment trusts and securities law. Nur Adila Omar is proficient in unit trust funds, often acting for government-linked companies; Shazana Abdul Aziz handles the conversion of conventional loans to Islamic facilities; and Siti Norafiqah Hassanor assists with the issuance of medium-term notes programmes.

Leveraging its membership of the Baker McKenzie network, Wong & Partners’ roster of work often includes cross-border debt and equity capital markets mandates, ranging from IPOs and Reg S offerings to private placements. Advising an array of leading national financial institutions, the group is co-led by Mark Lim, who handles asset-backed securitisations, structured finance and debt capital markets issuances, and Munir Abdul Aziz, who has ample experience on the equity side, advising on international securities transactions. Esther Chik is recommended for her work in conventional and Islamic debt financing structures, while Elaine Foo focuses on fundraising transactions through the issuance of perpetual bonds and loan stocks.

Boutique firm Ben & Partners is skilled in the capital markets space, regularly offering advice on IPOs, reverse takeovers, and corporate and debt restructurings. With a client base comprised of local public listed companies, Koay Ben Ree anchors the practice, and is well-versed in fundraising exercises via debt and equity instruments, rights issuances and private placements. Heng Tzi Chin advises on listings and acquisitions.

The capital markets team at Ching, Elaine & Co primarily advises clients from the Malaysian tech sector. The group’s scope of work includes advising on share issuances, rights, issues, the reduction of share capital, and conducting due diligence exercises. Lim Ching Yong leads the offering, and is ably supported by Cecilia Lim.

At David Lai & Tan, the capital markets group is well-equipped to advise on fundraising and corporate exercises, takeovers and acquisitions, and joint ventures, in addition to conducting due diligence exercises on proposed Main Market listings. The team is regularly instructed by domestic small and medium enterprises, as well as larger corporations. Tan Yee Boon heads the offering and concentrates on IPOs and listing rules. Stephanie Chan Pik Jia is a key contact in the equity capital markets sphere, often for clients from the retail, automotive, and oil and gas sectors, while Carol Chong Yan Teng represents IPO candidates in capital-raising exercises.

At Deol & Gill, the capital markets team aids corporations and government-linked companies in the establishment of private equity investment, in addition to offering compliance and regulatory expertise, often for clients in the banking and IT sectors. The group is collectively led by Suraj Singh Gill, who is skilled in venture capital and private equity funds, Michael Raj, who focuses on debt and equity restructurings, and Sathish Ramachandran, a key contact for corporate banking in the construction and property industries.

At Mah-Kamariyah & Philip Koh, the capital markets team houses an extensive range of clients which spans various sectors, such as financial services, aviation and real estate. The group demonstrates skill in advising on IPOs on the ACE and Main Markets, as well as rights issuances. Adrian Koh leads the practice and is supported by Yee Chew Yan, who focuses on corporate and securities regulation.

Led by Peter Ling, the capital markets offering at Peter Ling & van Geyzel is well-versed in equity capital markets mandates, and regularly assists clients based locally, in Singapore and in Hong Kong. The group’s roster of work includes renounceable rights issuances, bonus issuances, and private placement exercises.

Operating across the telecoms, manufacturing and retail sectors, the capital markets practice at Shearn Delamore & Co undertakes work in both the equity and debt spaces. Acting for banks, investors and corporate issuers, the team advises on IPOs, rights issues and placements, in addition to sukuk issuances and conventional and Islamic medium-term notes programmes. Pamela Kung oversees the group and handles structured lending, the issuance of corporate bonds and sukuk, and trade facilities. Nicholas Tan concentrates on takeovers and corporate restructurings.

At Wong Beh & Toh, the capital markets team is active in the preparation of documentation for IPOs, debt restructurings and proposed listings on the ACE and Main Markets of Bursa Malaysia Securities. Advising clients from the tech and manufacturing industries, the group’s key contacts are Cynthia Toh Mei Lee, Yeap Lin Lin and Melissa Tan.