Malaysian law firm Zul Rafique & Partners has hired David Lee Lai Huat as a partner in its corporate finance group in Kuala Lumpur from Tay & Partners.
With nearly 20 years of experience Lee, who has also advised clients on corporate real estate and corporate banking, focuses his practice on corporate finance, M&A and takeovers and mergers. Additionally, he advises on joint ventures and foreign direct investments and has experience in local licensing conditions and requirements.
Sidley Austin has advised Malaysia’s Axiata Group on its Indonesian subsidiary’s acquisition of Axis Telekom Indonesia from Saudi Telecom Company (STC), which was guided by Freshfields.
Papua New Guinea energy company Oil Search Ltd launched a fight on Friday to contest French oil giant Total SA's purchase of a 40 percent stake in PNG's biggest undeveloped gas field.
Oman's central bank has set new caps on banks' credit exposure to non-residents and funds placed abroad, giving lenders six months to comply.