For more than 45 years, Kadir Andri & Partners has carved out a prominent position in Malaysia’s legal sector by leveraging its expertise in banking and finance, energy and infrastructure, and capital markets. The firm is known for advising well-known issuers, financiers and institutional investors on equity and debt capital markets transactions. The firm’s corporate practice also includes Islamic finance and shariah-compliant products, where the firm is a trailblazer in Islamic exchangeable bonds, innovative Islamic securities structures and cutting-edge shariah-approved financing solutions. Kong Yam Tan and Julian Hashim are key contacts. In early 2023, the firm bolstered its capabilities with the addition of partner Shamshul Iskandar Zulkifli, who joined from Naqiz & Partners.
Work highlights
Acted as counsel for Gamuda and Lingkaran Trans Kota Holdings in their disposal of four major Klang Valley highways, namely the Shah Alam Expressway, the Sprint Expressway, the Smart Tunnel and the Damansara-Puchong Expressway through their respective highway concession holding companies to Amanat Lebuhraya, a special-purpose vehicle specifically mandated by Government of Malaysia to acquire the highways. This first-of-its-kind deal was economically unique. Global economic conditions after the pandemic meant completing the sale funded by ALR’s sukuk (Islamic bond) issue depended heavily on central bank rates. Unlike previous deals, this one constantly faced the threat of rising interest rates because of the pandemic, with parties racing to complete the sale before the next rate hike.
Key clients
IAG International, Saraworks
Work highlights
Acted as legal counsel for MISC Capital Two (Labuan) and MISC Capital Two on all Malaysian legal and regulatory matters regarding their multi-currency global medium-term note programme issuance. The transaction involved companies from different jurisdictions, adding complexity that required extensive engagement with foreign legal counsel and advisers.
Acted as counsel for Maybank Investment Bank as principal adviser, lead arranger and lead manager in connection with the establishment of a medium-term notes programme of up to RM800 million ($172 million) for the issuance of subordinated medium-terms notes that are intended to qualify as Tier 2 Capital of Malaysian Reinsurance for the purpose of the Malaysian capital adequacy regulations as approved by Bank Negara Malaysia.
Key clients
Central Globa
