Jenny Hong.jpg

Jenny Hong

Partner

Practice Area:

Banking & Finance

LLB (Hons), University of Manchester
Bar Vocational Course, Manchester Metropolitan University
Barrister-at-Law, The Honourable Society of Lincoln’s Inn
Chartered Islamic Finance Professional (CIFP), International Centre for Education in Islamic Finance
Advocate & Solicitor, High Court of Malaya

T +60 3 2273 1919 / +60 3 2267 2736
E [email protected]

Jenny is a Partner with the Banking & Finance practice of Christopher & Lee Ong.

She holds a 2nd Class Upper Honours LLB from University of Manchester, and was called to the Bar of England and Wales in 2007. She was admitted to practice as an advocate and solicitor in the High Court of Malaya on 17 October 2008. Jenny also holds the Certificate of the Chartered Islamic Finance Professional (CIFP) Programme, awarded by International Center for Education in Islamic Finance (INCEIF) in October 2012.

Experience

Some transactions Jenny has worked on include the following:

Mergers & Acquisitions and General Corporate Matters
  • Assisted on the legal due diligence exercise for the acquisition of stakes in the Bursa Malaysia Derivatives Sdn Bhd by Chicago Merchantile Exchange.
  • Assisted on the legal due diligence exercise for the listing of AirAsia X Berhad on the Main Market of Bursa Malaysia Securities Berhad.
  • Assisted on the legal due diligence exercise for the acquisition of stakes in DFZ Capital Berhad by Heinemann Asia Pacific Pte Ltd.
  • Assisted on the legal due diligence exercise for the secondary listing of Top Glove Corporation Bhd on the Main Board of Singapore Exchange Securities Trading Limited.
  • Assisted on the legal due diligence exercise for the acquisition of stakes in a company engaging in petroleum business in Malaysia by an offshore oil corporation.
  • Assisted on the preparation of documents, including share sale agreement and shareholders’ agreements for the joint venture in the operation of a complex mall.
  • Assisted on the preparation of various agreements, including hotel management agreement in respect of a joint venture between a local and foreign party.
Banking and Finance
  • Assisted on the preparation of documentation for domestic and cross-border financing transactions (either in Ringgit or foreign currency) for financial institutions as well as corporate borrowers.
  • Assisted on the preparation of documentation in Islamic financing transactions under various Shariah principles such as Bai Bithaman’ Ajil, Bai’ al Inah, Ijarah and Commodity Murabahah.
  • Assisted on the sukuk issuance programme established by a local issuer in relation to the issuance of sukuk of up to RM835 million and RM540 million respectively in nominal value under the Shariah principle of Commodity Murabahah (based on the concept of Tawarruq).
  • Assisted on the sukuk issuance programme established by a foreign issuer in relation to the issuance of sukuk of up to RM2 billion in nominal value under the Shariah principle of Musharakah.
  • Advised foreign clients on regulatory requirements and marketing restrictions in relation to the provisions of various financial services in Malaysia.
  • Advised a foreign private equity fund in relation to a secured USD term loan facility granted to an operator and owner of an educational institution.
  • Advised the borrowers on syndicated loans in an aggregate of RM895 million to project finance the development of several educational institutions.
Memberships / Directorships
  • Member, Malaysian Bar
  • Member, Selangor Bar
  • Member, Islamic Finance Committee of Malaysian Bar Council
  • Member, Bar of England and Wales
  • Member, The Honourable Society of Lincoln's Inn
Publications
  • Contributor, “Best Business Practices” the Sun (Legally Speaking Column) (February 2012)
  • Contributor, “Genuine lease or money-lending in disguise?” the CLC Quarterly (Issue 3: March 2012)
  • Contributor, chapter on “Foreign Exchange Administration”, Doing Business in Malaysia guide published by Christopher & Lee Ong (http://www.christopherleeong.com/our-work/publications/doing-business-in-malaysia)
  • Contributor, chapter on “Hostile Bids under the Code, Break-up Fees Applicable to a Target Company and Transaction Timelines”, Public Mergers & Acquisitions in Malaysia guide published by Christopher & Lee Ong (https://www.christopherleeong.com/media/2407/160307-public-ma-in-malaysia-march-vf.pdf)