Buying shares means buying everything. The contracts you have not read. The employees you have not met. The tax position, the pending claim, the guarantee somebody gave a bank four years ago.
Heads of terms get agreed on price and everyone assumes the hard part is done. Then completion approaches and the real questions arrive at once — what warranties, whose disclosure, what happens to the director loans, who bears the tax on the pre-completion period.
The seller wants a clean exit. The buyer wants recourse. If the agreement does not resolve that tension precisely, one of you will discover which way it fell only after the money has moved.
Share Sale and Purchase Agreement
A share sale and purchase agreement transfers ownership of a company's shares — setting the price and any adjustment mechanism, the conditions to completion, the warranties and indemnities, the disclosure regime, restrictions on the seller after completion, and exactly what happens at and after the completion meeting.
Your Vision, Backed by the Right Legal Support
You build the business. We help you protect it.
Picture a completion meeting where nothing is negotiated. Every condition satisfied and evidenced. The consideration mechanism agreed. Warranties given and disclosed against. Both sides signing a document they read weeks ago and have not argued about since.
Who this service is for
This Is For You If…
Buyers acquiring a company or a controlling stake
Sellers exiting a business in whole or in part
Shareholders selling to a co-shareholder or to the company
Groups reorganising ownership across subsidiaries
Investors taking a stake alongside existing shareholders
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What we will do for you
This is what we will do for you
<ul><li>Advise on the deal structure and how the consideration should be paid and adjusted</li><li>Draft or review the share sale and purchase agreement</li><li>Negotiate the warranties, indemnities and limitations of liability</li><li>Manage the disclosure letter and the conditions to completion</li><li>Run completion and the post-completion filings and share transfer formalities</li></ul>
What’s Included
What’s Included in our service for you
Structuring advice on consideration, adjustment and payment mechanism
Drafted or reviewed share sale and purchase agreement
Warranty, indemnity and limitation package negotiated
Disclosure letter and conditions precedent management
Completion meeting and post-completion filings
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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
Every protection a buyer gets is agreed before signature. After completion, the only remedy is whatever the agreement already gave you.
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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.
Should we buy the shares or the assets?
They produce very different outcomes on liabilities, tax and third-party consents. We will set out the trade-offs for your specific target before you commit to a structure.
Do we need due diligence first?
Almost always. Diligence findings shape the warranties, the indemnities and sometimes the price. Signing before diligence means paying for risk you have not measured.
What is a disclosure letter and why does it matter?
It is how the seller qualifies the warranties. What is properly disclosed generally cannot be claimed on later, so it is one of the most commercially significant documents in the deal.
Can part of the price be held back?
Yes — retention, escrow and deferred consideration are all common. Each has different consequences and we will advise which suits the deal.
We are the seller. Is this still for us?
Yes. We act on both sides, though never on the same transaction.
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.
