Dato' Foong Chee Meng
LEONG WAI LUNPartner
d +603 6419 0826
Wai Lun graduated with LL.B (Hons) from University of London, U.K. and was admitted to practise in 2008.
Wai Lun began his legal practice with Foong & Partners and was promoted to Senior Associate in 2012. He was admitted as partner of the firm in 2015.
He has acted for both the sell and buy sides in mergers and acquisitions, joint ventures as well as share and business acquisition and disposal transactions in various industries, including manufacturing, healthcare and property development. Wai Lun also has experience in advising on take-overs (including by means of a scheme of arrangement and selective capital reduction and repayment) for offerors as well as offerees.
Wai Lun has been involved in capital markets work, including advising on initial public offerings in Malaysia and other fund-raising exercises such as rights issues, bonus issues, share placements, employee share option schemes and other security-related issuances. He also advises public listed companies on compliance-related issues.
Some of the notable transactions that Wai Lun has advised on are the various acquisition of kidney dialysis centres located throughout Malaysia by DVA (Malaysia) Sdn Bhd, a division of DaVita HealthCare Partners Inc. (a company listed on the New York Stock Exchange), the offering and listing of Tune Protect Group Berhad on Bursa Malaysia and the private placement by AirAsia Berhad to its major shareholders, involving approximately 16.9% of its enlarged share capital, which raised RM1,006.20 million.
He also acted for OldTown Berhad in the voluntary take-over offer of OldTown Berhad by Jacobs Douwe Egberts Holdings Asia NL B.V. for an aggregate offer consideration of approximately RM1.314 billion.
Wai Lun has also been involved in some property related transactions and banking and finance work.