ZUL RAFIQUE & partners’ Banking & Finance team, Celine Rangithan and Chan Wye Zhi, acted as solicitors for HSBC Amanah Malaysia Berhad (HSBC Amanah) as the mandated lead arranger and bookrunner who led the syndication of Serba Dinamik Holdings Berhad’s (SDHB) syndicated commodity murabahah term financing facility of up to MYR1.2 billion, which was guaranteed by three of SDHB’s subsidiaries.

The initial MYR900 million of the syndicated facility was fully underwritten by HSBC Amanah prior to the syndicated facility being upsized to MYR1.2 billion. Apart from HSBC Amanah, AmIslamic Bank Berhad, Bank Islam Malaysia Berhad, MIDF Amanah Investment Bank Berhad, Standard Chartered Saadiq Berhad and United Overseas Bank (Malaysia) Bhd also participated in the five-year syndicated facility. The syndicated facility has been oversubscribed by 67%.

For more insights into this area of law, please contact our Partners in Banking & Finance Practice Group: 
Loh Mei Mei
Kung Suan Im
Ashela Ramaya
Chan Kwan Hoe 
Celine Rangithan