Privatisation Agreement and Extension of Term
Privatisation Agreements and Extensions of Term
Privatisation arrangements run for decades. The agreement, and any extension of it, has to work under statutory constraint and through changes of administration.
- Advocates & Solicitors
- Offices in Kuala Lumpur & Johor Bahru
- Confidential, no obligation
Real lawyers, one team behind every matter
Who this is for
Sound familiar?
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
What's at stake
What is really at stake
- 01A privatisation arrangement transfers development or operation of a public asset to a private party.The commercial logic is usually clear at the outset.
- 02What 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.
- 03Extension is then negotiated under pressure, against a deadline, with the private party's investment already sunk and its leverage largely spent.
In plain words
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.
What good looks like
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.
What you get
What we deliver
Scope and fee are agreed in writing before any work starts, so you know exactly what you are getting.
- 01
Review of the existing arrangement and compliance position
- 02
Statutory basis and approval pathway advice
- 03
Drafted privatisation agreement or supplemental instrument
- 04
Milestones, delay consequences and entitlement provisions
- 05
Support through the approval submissions
How we work
Clear from the first conversation
- 1
Send a short request
Tell us what the matter is about. It takes under a minute and stays confidential.
- 2
Akmal sets a time with you
We reply within 30 minutes in office hours to arrange your consultation, online or at our KL or JB office.
- 3
Advice, then a written proposal
You get a clear view of the issues and options, then a written scope and fee proposal.
- 4
Work begins on the agreed scope
Akmal leads the matter with a team of our lawyers, working to the scope you approved. You get regular updates at every key step.
Who leads your matter
Led by Akmal Saufi, supported by our team
Akmal leads your matter as Partner. Depending on the work, other lawyers in our team handle parts of it day to day, with Akmal overseeing the matter.
Akmal Saufi
Partner, Messrs Akmal Saufi & Co
- Advocate & Solicitor, Malaysia
- Over 13 years in transactional work: M&A, joint ventures, land and infrastructure
- LLB (Hons), International Islamic University Malaysia
The team behind your matter
Meet the team →Who we have acted for
Organisations we have acted for
Federal government agencies & statutory bodies
Johor state bodies & local authorities
Government-linked companies
Private sector & NGOs
Shown with permission. Government agencies, statutory bodies and government-linked companies are identified as such. Their inclusion does not imply endorsement by any government, ministry or agency.
Next step
Request a consultation with Akmal
- 1Send a short request. It takes under a minute.
- 2Akmal reviews it and arranges a time with you.
- 3You get clear advice, then a written scope and fee proposal.
We reply within 30 minutes · Mon–Fri, 8:30am–5:30pm
Your details stay confidential. Sending a request does not mean you have appointed us.
- Licensed advocates & solicitors
- Professional indemnity insured
- Offices in KL & JB
Questions
Frequently asked questions
Still unsure? Send a short request and Akmal will tell you plainly whether and how we can help.
How is a privatisation arrangement different from a concession?
Can the term be extended?
What if milestones have been missed?
Does a change of state government affect the arrangement?
We are the authority. Can you act for us?
What is Legal That Works?
What if I’m not sure what legal service I need?
Who will be helping me?
Before you sign
The cost of waiting
Extensions negotiated near expiry are negotiated from the weakest position. The time to raise it is well before the term becomes the pressure.
We reply within 30 minutes · Mon–Fri, 8:30am–5:30pm
