Adrian Chee

Practice Areas

Adrian Chee is recognised as a leading lawyer in Malaysia by many independent legal research publications such as asialaw, Chambers and Partners, IFLR 1000, The Legal 500 and Who’s Who Legal.

He is primarily involved in mergers and acquisitions, capital markets, and banking and finance.

His mergers and acquisitions experience includes advising on the acquisition and disposal of strategic stakes in public and private companies and joint ventures and collaborations across different industries and sectors such as education, energy, financial services, healthcare, oil and gas, manufacturing, real estate, technology and telecommunications.

His banking and finance and capital markets experience includes advising on project financing for several significant infrastructure and energy projects in Malaysia, the issue of bonds and sukuk by corporate issuers and regulatory capital instruments for Malaysian financial institutions as well as several significant Regulation S / Rule 144A initial public offerings in Malaysia.

Professional Memberships

Member, Malaysian Bar

Work Highlights

M&A transactions that Adrian has advised on include:

Technology, Media & Telecommunications

- Axiata Group Berhad’s sale of the Celcom group of companies to Digi.com Berhad.

- Axiata Group Berhad and edotco Group Sdn Bhd’s US$600 million primary and secondary equity private placement deal respectively with Innovation Network Corporation of Japan and Khazanah Nasional Berhad.

Financial Services

- AMAB Holdings Sdn Bhd’s sale of its stake in AmMetLife Insurance Berhad and AmMetLife Takaful Berhad to Great - Eastern Life Assurance Berhad and Great Eastern Takaful Berhad.

- Affin-Hwang Investment Bank Berhad’s sale of its stake in Affin-Hwang Asset Management Berhad to Starlight Asset Sdn Bhd.

- Alliance Investment Bank Berhad’s sale of its stockbroking business to Philip Capital Sdn Bhd.

- EON Capital Berhad’s sale of its entire assets and liabilities comprising the EON Bank Group to Hong Leong Bank Berhad.

- OSK Holdings Berhad’s merger of its investment banking businesses with those of the RHB Banking Group.

Healthcare

- A non-Malaysian entity’s submitted bid for Ramsay Sime-Darby Healthcare Sdn Bhd.

- Columbia Asia Sdn Bhd’s acquisition of an under-construction hospital situated in Bukit Jalil, Kuala Lumpur, Malaysia from IMU Education Sdn Bhd and IHH Healthcare Berhad.

- TPG Capital’s acquisition of certain assets in Malaysia as part of its acquisition of iNova Pharmaceuticals.

Education

- Inbound Education Holdings Sdn Bhd’s acquisition of the IMU group of companies from IHH Healthcare Berhad.

- Paramount Corporation Berhad’s initial sale of a controlling stake, and the follow-on sale of its remaining stake, in - Paramount Education Sdn Bhd, Paramount Education Klang Sdn Bhd and Sri KDU Sdn Bhd to XCL Education Sdn Bhd.

Oil & Gas (Upstream & Downstream)

- Petronas Assets Sdn Bhd and Malaysia Marine and Heavy Engineering Sdn Bhd’s acquisition of Sime Darby - Engineering Sdn Bhd’s fabrication yard assets in Teluk Ramunia and Pasir Gudang, Johor.

- Petronas Dagangan Berhad’s joint venture with Petroleum Sarawak Berhad pursuant to the former’s sale of its liquid petroleum gas business in Sarawak to Petrosniaga Sdn Bhd.

- Petronas’ sale of a 50% stake in PRPC Refinery and Cracker Sdn Bhd for US$7 billion and a 50% stake in PRPC - Polymers Sdn Bhd to Aramco Oversea Holdings Coöperatief U.A., a wholly owned subsidiary of Saudi Arabian Oil Company.

- Lotte Chemical Titan Holdings Berhad’s sale of a 49% stake in an integrated petrochemical complex in Indonesia with a project cost of US$4.38 billion to Lotte Chemical Corporation.

Renewable Energy

- Taliworks Corporation Berhad’s acquisition of solar energy facilities in Malaysia from Brookfield Asset Management and SEV Renewables Sdn Bhd.

Logistics

- Pacific Carriers Limited’s sale of its strategic stake in Malaysian Bulk Carriers Berhad.

- CJ Logistics Asia Pte Ltd’s injection of CJ Korea Express Malaysia Sdn Bhd to CJ Century Logistics Holdings Bhd.

Real Estate

- Bridgetown 2 Holdings Limited’s (a special purpose acquisition company formed by Pacific Century Group and Thiel Capital LLC) acquisition of certain assets in Malaysia as part of its Business combination with PropertyGuru Pte. Ltd., Southeast Asia’s leading property technology company.

- CapitaLand Limited’s acquisition of certain assets in Malaysia as part of its acquisition of Ascendas Pte Ltd and Singbridge Pte. Ltd. from Ascendas-Singbridge Pte. Ltd.

Consumer Goods

- Macrovalue Sdn Bhd’s acquisition of the Giant, Cold Storage, Mercato, TMC and Giant Mini businesses in Malaysia from DFI Retail Group Management Ltd.

- AIGF Capital’s sale of its stake in the Jaya Grocer group of companies to Teng Yew Huat.

Venture Capital

- Petronas Ventures’ investments in Aerodyne Ventures Sdn Bhd (drone services), Iraya Energies Sdn Bhd (data analytics for exploration and production activities), Braintree Technologies Sdn Bhd (automated farming solutions) and SOLS Energy Sdn Bhd (solar photovoltaic (PV) solutions).