JLPW congratulates our client KHPT Holdings Berhad on its successful listing on the Ace Market of Bursa Malaysia on 8 October 2024.
“Shares in automotive parts and components manufacturer KHPT Holdings Bhd jumped 45% in its debut on the ACE Market of Bursa Malaysia, following an initial public offering (IPO) that raised RM21.73mil.
The company hit the market running at 29 sen a share, representing a nine sen premium to its IPO price of 20 sen a share. As at 9.40am, the share has since subsided on profit-taking to a 15% lead at 23 sen a share”
KHPT Holdings Berhad’s ACE Market IPO follows the successful ACE Market listing of BYWS Berhad earlier this year.
With the recent signing of underwriting agreements by Main Board bound Life Water Berhad and Mega Fortris Berhad, JLPW expects to complete a quartet of IPO listings on Bursa Malaysia by the end of 2024.
At JLPW, our IPO and Capital Markets Practice Group is involved in many significant and trail-blazing IPO and Capital Market deals since the inception of the firm in 1999.
I am the senior partner of Messrs Jeff Leong, Poon & Wong, Malaysia.
I am also serving with the Law Association For Asia And The Pacific (LAWASIA), the peak body for national bar associations and law societies in more than 40 jurisdictions in the Asia Pacific region as Chair of the Corporate, Securities & Investment Law and Co Chair of the Belt And Road Initiative Standing Committees.
I lead a Special Projects team, structure and run complex M&A deals, resolve critical problems faced by clients such as crisis management, regulatory investigations, shareholder fights and board tussles and advise founders, business owners and senior management on business transactions.
With numerous IPOs and M&A deals over 30 years, I am often consulted by clients in Shipping and Logistics, Technology and Digital Economy, Oil & Gas and other heavily regulated industries on complex, urgent and critical matters.
I have been included on Asia Business Law Journal’s A List of Malaysia’s Top 100 Lawyers and Legal 500’s Hall of Fame for Corporate and M&A for Malaysia.
I am an accredited Mediator of the Malaysian Mediation Centre, the International Commercial Mediation Centre For the Belt And Road Initiative, Benchmark Chambers International & Benchmark International Mediation Centre, Shenzhen Qianhai International Commercial Mediation Centre, CCPIT/CCOIC Hangzhou Mediation Centre and Hainan International Arbitration Court.
I founded JLPW in 1999 during the 1997 Asian Financial Crisis with 2 other founders. We were deep into corporate rescues and mergers of banks, insurance companies and stockbrokers to resuscitate the bleeding Malaysian economy, working on some of the major corporate rescues of the 1997 Asian Financial Crisis.
Affiliations with Deacons Graham & James 2001- 2012 and Dacheng (now Dentons China) 2012-2016 quickly followed. In 2012, we founded JLPW CROSSBORDER ASIA, a regional law firm network.
In JLPW, we developed the current due diligence system adopted and used by industry participants in capital markets transactions in 1999. I assisted the review of the 2020 Due Diligence Guide for Malaysia with investment bankers, accountants, capital market lawyers and other industry participants.
I currently lead our Japan Services Group, assisting Japanese companies venturing into Malaysia and South East Asia with market entry strategies, M&As and post merger integration advisory together with our Japanese speaking team.
I am also leading our China Services Group and regional JLPW Belt and Road Services Group assisting Chinese companies investing and undertaking Belt and Road projects in Malaysia and other ASEAN countries.
As leader, strategist, chief talent scout, builder and problem solver, I have initiated and developed various practice groups in JLPW and am now leading our Legal Tech initiatives to better support our clients in the new Digital Economy.
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