WongPartnership ties up with Malaysian firm

[SINGAPORE] Big Four local law firm WongPartnership (WongP) has tied up with Malaysian boutique corporate law practice Foong & Partners (FoongP), building on a decades-long informal working relationship to capitalise on business opportunities across the Causeway.

The firms have termed the tie-up a "strategic alliance", which will see them working almost exclusively with each other on deals as far as their geographical and professional expertise allows. This means that if WongP has a client who wishes to invest in Malaysia, FoongP will be the firm it uses for that portion of the deal and vice versa.

"This tie-up was driven mostly by the fact that a lot of the work we do today (corporate transactions in Singapore) tends to have a Malaysian component - whether it be an IPO (initial public offering), M&A (mergers and acquisitions) or private equity (PE) deal - because the target may have a business in Malaysia, or the clients may be interested in looking at something in Malaysia, and so on," WongP's joint managing partner, Ng Wai King, told The Business Times in an exclusive interview.