We were three co-founders incorporating our first company, and honestly none of us had a clear picture of what structure made sense. Razif spent the better part of an hour explaining the differences between Sdn Bhd and LLP in terms that actually stuck. The bound statutory records we received at the end — the kind of thing we would have lost track of otherwise — have been genuinely useful during our first audit.
What clients say about working with us.
A selection of accounts from founders, directors, and business owners who have engaged Bijaksana Partners across formation, governance, and restructuring matters.
← Back to HomeDirect accounts from our clients
I came to Bijaksana Partners for a shareholders' agreement as we were bringing in an angel investor. Sharifah's drafts were thorough, but more importantly, each clause had a note attached explaining what it was there for and what problem it solved. That sounds minor, but when we were negotiating with the investor's lawyers, I actually understood what we were discussing. That is not something I have experienced with other legal advisers.
Our group restructuring took about three months from start to finish. Keh Wei was our primary contact and he stayed on top of it — regular written updates, clear explanations of where things stood with SSM, and direct communication with our tax advisers so we were not relaying information back and forth ourselves. The final structure is cleaner than what we had before, and the documentation is well-organised. One thing to note: these things take time if done properly, and they did not try to rush it.
I had been operating as a sole proprietor for three years and was finally ready to incorporate. The process was smoother than I expected, and the post-incorporation briefing was particularly useful — they explained the annual SSM filing requirements and first AGM timing in a way that was practical rather than just a legal checklist. I also appreciated that they were direct about what foreign shareholder restrictions applied to my sector before I made any commitments.
We engaged Bijaksana Partners for a cross-border holding structure involving entities in Malaysia and Singapore. The work involved Bank Negara guidance that I had not encountered before, and Keh Wei's written briefings at each decision point were clear enough that our non-legal board members could follow the discussion. The engagement took the time it needed to take — no shortcuts, which is exactly what we wanted for this kind of structural work.
We used Bijaksana Partners to draft a shareholders' agreement for a joint venture with a partner I had worked with before. Even though we trusted each other, Sharifah was right to point out that an agreement is most useful precisely when circumstances change — and she walked us through the deadlock and exit provisions with that in mind. Three rounds of revision were included, which we used. The final document is something both parties actually read and understand.
How engagements have unfolded
Anonymised accounts illustrating the nature of typical engagements across our three practice areas.
Professional services partnership transitioning to Sdn Bhd
A consultancy operating as a partnership for seven years wanted to incorporate ahead of a significant new contract that required a corporate counterparty. The founding partners had different assumptions about ownership split and governance, which had never been formalised.
Advised on Sdn Bhd structure, managed the SSM incorporation, and drafted a shareholders' agreement that addressed the ownership question and established a clear decision-making framework. The constitutional documents and agreement were completed concurrently to avoid a gap period.
Incorporation completed within eight working days. The contract was signed within the month. Both partners reported that the process of working through the shareholders' agreement had clarified a number of operational questions that had been informally managed for years.
Family-owned manufacturing group creating a holding structure
A second-generation family business with three operating entities under different individual ownerships wanted to consolidate under a holding company structure ahead of a potential external investment. The existing arrangements had grown organically and lacked coherent documentation.
Mapped the existing structure, designed a consolidation approach in coordination with their accountants, advised on the exchange control considerations for one subsidiary with foreign contract income, and handled the inter-company SPAs, directors' resolutions, and SSM filings. Written briefings were issued at each board session.
Restructuring completed over fourteen weeks. The family was well-prepared for the investor due diligence process that followed and required minimal legal support during that phase because the documentation was already in order.
Reach Bijaksana Partners
88 Jalan PJU 7/3, 47810 Petaling Jaya
Sat 9:00 AM–1:00 PM
Considering an engagement?
An initial conversation helps clarify whether the scope of what we do fits what you need. We are glad to spend time on that before any engagement is agreed.
Get in TouchReady to have a conversation?
We are glad to hear from founders and directors at any stage of their corporate journey — from first incorporation through complex restructuring.
Arrange a Consultation