Zul Rafique & Partners Advised Maybank Investment Banking Group On The IPO Of Foodie Media Berhad
Zul Rafique & Partners Advised Maybank Investment Banking Group on the IPO of Foodie Media Berhad
The prominent Malaysian full-service law firm, Zul Rafique & Partners, based in Kuala Lumpur, acted for Maybank Investment Banking Group as the Principal Adviser, Sponsor, Sole Underwriter, and Sole Placement Agent in the initial public offering of Foodie Media Berhad on the ACE Market of Bursa Malaysia Securities Berhad.
The IPO marks a significant milestone for Foodie Media Berhad, with its shares opening in the green at 35.5 sen on listing day—an 18.3% increase above the IPO price. The public tranche applications were oversubscribed by 24.63 times.
Zul Rafique & Partners are proud to have supported Maybank Investment Bank Berhad and the Foodie Media Group in the successful completion of this IPO exercise.
The Corporate/M&A team advising on the transaction was led by Lit Fwu Chin (Partner), with support from Chan Xin Han (Tyler) (Associate) and Imran Shahfizal (Associate, since left).
Zul Rafique & Partners (ZRp) is a prominent, large, full-service Malaysian law firm based in Kuala Lumpur, founded in 1999 by Dato' Zulkifly Rafique. The firm offers comprehensive commercial legal services with specialized practice groups for corporate, dispute resolution (including cross-border arbitration), energy, and more, and is known for its solution-oriented approach and dynamic growth in handling complex legal matters for corporate and individual clients.
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