Kuala Lumpur & Penang · Corporate counsel since 2009
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Corporate · M&A · Venture & Capital Markets

Corporate counsel for
founders, funds and boards.

A Kuala Lumpur corporate firm built for growth companies — company formation and structuring, venture and growth financing, mergers and acquisitions, and capital markets — advising founders, funds and boards from the first round to the exit.

  • RM6.2bdeal value advised
  • 320+companies structured
  • 8 partners40+ lawyers
  • KL & Penangranked by IFLR1000 & Chambers
Selected recent work
RM90mSeries B equity financing · FintechRM480mAcquisition of a last-mile delivery business · LogisticsRM120mACE Market IPO · AgritechRM240mPrivate-equity control investment · Food & BeverageRM32mSeries A led by a regional fund · Enterprise SoftwareRM300mRights issue and capital raising · Consumer & RetailRM75m60/40 renewables joint venture · RenewablesUndisclosedFounder trade-sale exit · Enterprise SoftwareRM18mSeed round and ESOP roll-out · HealthcareRM210mInbound acquisition of a manufacturer · Manufacturing & E&ERM55mFirst close of a first-time venture fund · FundsRM140mScheme-of-arrangement take-private · Consumer & RetailRM12mConvertible note bridge financing · LogisticsRM66mCross-border franchise acquisition · Food & BeverageRM28mSeries A and holding-company reorganisation · FintechUndisclosedWarranty claim after a share sale · Consumer & RetailRM90mSeries B equity financing · FintechRM480mAcquisition of a last-mile delivery business · LogisticsRM120mACE Market IPO · AgritechRM240mPrivate-equity control investment · Food & BeverageRM32mSeries A led by a regional fund · Enterprise SoftwareRM300mRights issue and capital raising · Consumer & RetailRM75m60/40 renewables joint venture · RenewablesUndisclosedFounder trade-sale exit · Enterprise SoftwareRM18mSeed round and ESOP roll-out · HealthcareRM210mInbound acquisition of a manufacturer · Manufacturing & E&ERM55mFirst close of a first-time venture fund · FundsRM140mScheme-of-arrangement take-private · Consumer & RetailRM12mConvertible note bridge financing · LogisticsRM66mCross-border franchise acquisition · Food & BeverageRM28mSeries A and holding-company reorganisation · FintechUndisclosedWarranty claim after a share sale · Consumer & Retail
How we work

Counsel for every stage of the company

We are built for growth companies. Whether you are forming, funding, scaling or heading for an exit, one team follows the business through — so the structure you build early still fits when the term sheet arrives.

01

Form

Incorporate and structure a business that is investable from day one.

02

Fund

Raise capital — from the first SAFE to institutional rounds — on terms you can live with.

03

Scale

The contracts, people and compliance that a growing company runs on.

04

Exit

Sell, merge or list — and get the value you built out cleanly.

Structure selector

Which structure fits your business?

Answer four quick questions for an indicative recommendation on the right vehicle, an approximate set-up cost and timeline, and the team that would handle it. This is guidance to start a conversation — not legal or tax advice, and we always confirm the answer with you before anything is filed.

What we do

Eight practices, one transaction team

Corporate and commercial work, mapped to the founder’s journey. Every practice is partner-led and works alongside the others — the deal, the tax and the enforcement view in the same room.

FORM 01

Company Formation & Structuring

The vehicle you incorporate on day one decides how you raise, how you are taxed, and how cleanly you can exit. We help founders choose and build the right structure — and fix the ones that were set up in a hurry.

Explore
FUND 02

Venture & Growth Financing

We act for founders raising and for the funds investing — from the first SAFE to a priced Series C. Because we sit on both sides of the table regularly, we know which terms are market and which are worth pushing back on.

Explore
SCALE 03

Commercial & Technology Contracts

As you scale, your contracts become assets an investor or buyer will read line by line. We draft the commercial and technology agreements — customer, supplier, platform, data — so they hold up commercially and in diligence.

Explore
SCALE 04

Employment, ESOP & Incentives

Scaling a team brings employment obligations, share-option schemes and, sometimes, restructurings. We advise on all three — and design the ESOP that keeps your best people aligned with the cap table.

Explore
EXIT 05

Mergers & Acquisitions

We run M&A processes end to end — share and asset acquisitions, disposals, joint ventures and inbound foreign investment — for buyers and sellers. Our job is to protect your position in the documents and keep the deal moving.

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FUND 06

Private Equity & Fund Investment

We act for funds and for the companies they back — fund formation and first close, growth and control investments, and the eventual realisation. We know what institutional money needs to see, and how to give it to them without over-lawyering.

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EXIT 07

Capital Markets & IPOs

We take companies to listing on Bursa Malaysia and advise listed issuers on their continuing obligations, secondary fundraisings and take-privates. Capital markets is a discipline of preparation, and we start early.

Explore
SCALE 08

Corporate Disputes & Enforcement

Deals do not always hold. We act when they do not — shareholder and oppression disputes, warranty and indemnity claims after a sale, and urgent injunctions — and we bring the enforcement view into the room while a deal is still being drafted.

Explore
Selected transactions

The work speaks first

A sample of recent matters. Publicity rules mean we let the deals — not testimonials — do the talking.

RM90m2026

Series B equity financing

Company-side counselFintech
RM480m2026

Acquisition of a last-mile delivery business

Buy-side lead counselLogistics
RM120m2026

ACE Market IPO

Issuer-side counselAgritech
RM240m2025

Private-equity control investment

Sponsor-side counselFood & Beverage
RM32m2025

Series A led by a regional fund

Company-side counselEnterprise Software
RM300m2025

Rights issue and capital raising

Issuer-side counselConsumer & Retail
RM75m2025

60/40 renewables joint venture

Lead counselRenewables
Undisclosed2025

Founder trade-sale exit

Founder-side counselEnterprise Software
RM6.2bdeal value advised since 2020
320+companies incorporated & structured
140+funding rounds closed
60+M&A deals & exits
Fundraising & ESOP calculator

See your dilution before you sign the term sheet.

Enter a pre-money valuation, the amount you are raising and your option pool to model the post-money valuation, the price per share and the resulting cap table — including who really pays for the pool.

Model your round →
Sectors

Where we spend our time

Deep familiarity with the industries our clients build in — the regulation, the deal norms and the money that flows through them.

Fintech & Payments

Payments, lending, e-wallets, insurtech and the licensing and structuring that sits underneath them.

Enterprise Software & SaaS

Recurring-revenue businesses — contracting, IP, data and the metrics investors diligence.

Consumer, Retail & Franchise

Brands, D2C and franchise networks scaling across Malaysia and the region.

Food & Beverage

Multi-outlet F&B groups, franchising and the private-equity money that backs them.

Healthcare & Life Sciences

Clinics, health-tech and medical device businesses navigating regulation and investment.

Manufacturing & E&E

Electrical, electronics and industrial groups, foreign investment and cross-border M&A.

Logistics & Mobility

Fulfilment, last-mile and mobility platforms consolidating a fragmented market.

Renewables & Energy

Solar, clean energy and the joint ventures and project vehicles that finance them.

Kuala Lumpur & Penang

Corporate advice with its feet in the market.

From the Tun Razak Exchange to the technology corridor of Penang, we act for the companies building Malaysia’s next generation of businesses.

Our people

Partners you actually work with

At Chong Zaki & Raj the partner you meet is the partner who does the work. Meet a few of them.

Nicholas Chong Wai Keat, Managing Partner at Chong Zaki & Raj

Nicholas Chong Wai Keat

Managing Partner
Mergers & Acquisitions · Private Equity
Read profile
Priyadarshini Raj, Partner at Chong Zaki & Raj

Priyadarshini Raj

Partner
Venture & Growth Financing · Fund Formation
Read profile
Datuk Zaki Iskandar Rahim, Senior Partner at Chong Zaki & Raj

Datuk Zaki Iskandar Rahim

Senior Partner
Capital Markets & Equity Capital Markets
Read profile
Sarah Lim Mei Xin, Partner at Chong Zaki & Raj

Sarah Lim Mei Xin

Partner
Corporate / Commercial & Technology
Read profile
Recognition

Independently ranked

Because the Publicity Rules 2001 forbid client testimonials, we point instead to the independent legal directories.

IFLR10002026
Tier 2 — M&A

Ranked for Mergers & Acquisitions in Malaysia, with Financial and Corporate work also recognised. Nicholas Chong and Adrian Fong are listed among the guide’s ranked practitioners.

Chambers Asia-Pacific2026
Ranked firm — Corporate/M&A

Recognised for Corporate/M&A (Malaysia). Nicholas Chong is ranked for Corporate/M&A and Rebecca Tan for Dispute Resolution.

The Legal 500 Asia Pacific2026
Recommended — Corporate and M&A

Recommended for Corporate and M&A and for Investment Funds. Sarah Lim is named a Rising Star; Nurul Aisyah Kamal and Daniel Ooi are recommended in Employment and Tax respectively.

asialaw2026
Notable — Technology & Telecommunications

Recognised for Technology & Telecommunications and Corporate/M&A in Malaysia. Adrian Fong is listed among ranked lawyers for Corporate/M&A.

Speak to us

Tell us what you are building.

Whether you are incorporating, raising a round, buying a business or heading for an exit, the first conversation is on us. Send a short outline and the right partner will respond within one working day.

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