Baker McKenzie Wong & Leow and Wong & Partners have advised Sime Darby Property on the formation of a MYR1.25 billion (USD306 million) shariah-compliant investment fund.
The Singapore and Malaysia arms of the global law firm acted as international and Malaysian counsel, respectively, on the closed-end discretionary fund, along with a co-investment sidecar for an undisclosed key investor.
Their teams advised on the full spectrum of transactional, advisory and dispute resolution matters. Their work spanned sponsors, private equity firms, asset managers and institutional investors, including pension funds, family offices and sovereign wealth funds.
Singapore-based principal Derek Kwan led the team, which also included local principal Jens Carle and associates Ziyong Guo, Celine Yap and Kai Gosian.
Advice on Malaysian law was provided by Wong & Partners partner Stephanie Phua and associate Justin Chong.
The fund will primarily invest in build-to-suit-to-lease data centres, as well as industrial and logistics development projects within Sime Darby Property’s established townships in Malaysia.
