Legal due diligence could be an exercise of frustration at times. There may be tight deadlines sometimes, but the documents required for legal due diligence are not forthcoming from the target company. If the target company is going through the due diligence exercise for the first time, the team at …

Make consequential amendments when amending drafts. It seems obvious but sometimes the draftsperson forgets or misses out consequential amendments when amending draft documents. When amending draft agreement, circular or prospectus, you should also make amendments which are consequential to the amendments you are seeking to make. For example, if you …

One of the intended outcomes of the Malaysian Code of Corporate Governance (“𝐌𝐂𝐂𝐆”) is for companies to address sustainability risks and opportunities in an integrated and strategic manner to support their long-term strategy and success. To achieve the intended outcome, the MCCG sets out the practices which companies are expected …

My work doesn’t save lives. Nor does it change anyone’s life. I help corporations to raise funds through equity capital transactions. As PGF Capital Berhad (formerly known as Poly Glass Fibre (M) Berhad) (“𝐂𝐨𝐦𝐩𝐚𝐧𝐲”) announced the completion of its rights issue of irredeemable convertible preference shares (“𝐈𝐂𝐏𝐒”), I am glad …

“I post a blog post because it’s tomorrow.” Seth Godin said he doesn’t post a blog post because he thinks his post is perfect. He posts a blog post because it’s tomorrow. He made a decision one time to write every day for his blog, so that he doesn’t need …

Where there is more than one seller in an M&A transaction, the sale and purchase agreement should set out whether the obligations of the sellers under the SPA are (1) joint and several; or (2) several and not joint. From a buyer’s perspective, it is better for the sellers’ obligations …

As a junior lawyer, you would be told 𝒘𝒉𝒂𝒕 to do. Carrying out tasks requested by your employer/clients/ colleagues is part of the job. If you have good colleagues, you would be guided on 𝒉𝒐𝒘 to do the work. You may get helpful information on what issues to look out …

Any offer of shares of a company seeking for listing on the Main Market of Bursa Malaysia (other than SPAC listing) would need to comply with the following pricing requirements under the Equity Guidelines: 1. The exercise price of warrants and options, and the conversion price of convertible securities that …

An investor who wants to subscribe to shares or acquire shares in a private company should first consider whether there are any restrictions to do so in the following documents: 1. Constitution of the company (if the company has adopted a constitution); and 2. Shareholders agreement (if the current shareholders …

As an introvert, I used to dread picking up the phone to call a stranger. I preferred emails over phone calls. I am fine talking to someone outside my circle of friends if there are things we need to discuss. However, I rather not do small talk in social settings …