A privatisation arrangement transfers development or operation of a public asset to a private party. The commercial logic is usually clear at the outset.
What is less clear is what happens fifteen years in. The term is running out and the project is incomplete. Policy has shifted. The officers who negotiated it have moved on. The obligations were drafted for conditions that no longer exist.
Extension is then negotiated under pressure, against a deadline, with the private party's investment already sunk and its leverage largely spent.
Privatisation Agreement and Extension of Term
Advisory and documentation for privatisation arrangements and their variation — the statutory basis and approval pathway, the obligations and entitlements of each party, milestones and consequences, and the supplemental documentation extending or varying the term.
Your Vision, Backed by the Right Legal Support
You build the business. We help you protect it.
Imagine an arrangement with a defined extension mechanism, milestones both sides can measure, and a variation procedure that does not require reopening the whole deal. Continuity survives the change of administration.
Who this service is for
This Is For You If…
Private parties holding or bidding for privatisation arrangements
State governments, statutory bodies and GLCs granting them
Developers seeking extension of an existing privatisation term
Parties whose privatisation obligations need varying to remain viable
Lenders and investors assessing an arrangement before committing
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What we will do for you
This is what we will do for you
<ul><li>Review the existing arrangement, its approvals and the current compliance position</li><li>Advise on the statutory basis and the approval pathway for any variation</li><li>Draft the privatisation agreement or the supplemental extending or varying it</li><li>Address milestones, consequences of delay and the parties' entitlements</li><li>Support the approval submissions through to execution</li></ul>
What’s Included
What’s Included in our service for you
Review of the existing arrangement and compliance position
Statutory basis and approval pathway advice
Drafted privatisation agreement or supplemental instrument
Milestones, delay consequences and entitlement provisions
Support through the approval submissions
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Why Choose Legal That Works?
Why Choose Us To Assist You?
Digital-first
No office visit required—review and sign online
Transparent fees
Fixed price, no billing surprises
Deep experience
Various contracts across industries
Accessible
Our client portal keeps you informed
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We've Helped
You Need To Act Now
Important: Limited Slots
Extensions negotiated near expiry are negotiated from the weakest position. The time to raise it is well before the term becomes the pressure.
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Nothing to Lose. Everything to Protect.
No Surprises. No Guesswork. Just Legal That Works.
Before anything starts, we speak with you to understand your business and make sure the service is the right fit. If it is not, we will say so upfront. No pressure. No wasted time. We only take on matters we are confident we can deliver with quality. That is why business owners trust us to get it right.
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Frequently Asked Questions
What is Legal That Works?
Legal That Works is a digital-first legal service designed by ASCO LAW (Messrs Akmal Saufi & Co) specifically for business owners and founders. We help you structure, grow, and protect your business through practical legal solutions—delivered fast, in plain English & Bahasa Malaysia, and with no office visit required.
What if I’m not sure what legal service I need?
No problem. Most business owners aren’t legal experts! Just reach out. Our team will guide you to the right service or help you understand your options—without jargon or upselling.
How is a privatisation arrangement different from a concession?
They overlap heavily. What matters is the statutory basis, the asset and the risk allocation rather than the label used.
Can the term be extended?
Often, subject to approval. The mechanism and the timing both matter, and neither should be left to the final year.
What if milestones have been missed?
The consequences depend on the drafting. We will assess your position before you approach the authority.
Does a change of state government affect the arrangement?
The agreement continues, but the practical relationship can change. Well-drafted arrangements anticipate this.
We are the authority. Can you act for us?
Yes. We act for state entities and statutory bodies as well as private parties.
Are your services affordable?
Our transparent fee structure means no billing surprises. Membership unlocks the best rates, but even one-off services are designed to be clear and competitive. You’ll always know what you pay.
Who will be helping me?
All our services are delivered by our licensed lawyers under the Malaysian Bar with proven experience across industries. You’ll work with a real legal team, not chatbots or generic customer support.
Is everything done online?
Yes. Our service is fully digital. You can consult, review documents, sign agreements, and access your files securely from anywhere. No office visit required unless you want to meet in person. No office visit is required. If you require us to attend at your office or outside meetings, additional charges will apply.
What’s the difference between One-Off Service and Membership?
(1) One-Off Service: Pay for what you need, when you need it. Perfect for single transactions or urgent matters (2) Membership: Subscribe for ongoing access, priority support, and special pricing. Membership means you get a legal partner who truly understands your business.
