Addy Herg

Addy has regularly represented multinationals and corporations in cross border transactions, joint ventures, investments and other aspects of corporate and commercial laws. He also regularly acts for insurers and reinsurers on corporate exercises, development of distribution channels and alliances, and regulatory compliance issues. He has a portfolio of corporate, compliance and regulatory advisory work for corporations across various industries such as financial services, manufacturing, logistics and supply chain, and energy.

Addy is also an appointed legal advisor to the Malaysia-China Chamber of Commerce, supporting the cooperation and development of trade and investments between Malaysia and China. He has also advised and represented Chinese corporations in outbound direct investments, joint ventures, projects and other corporate advisory matters.

• Advised Liberty International Holdings Inc. and its Malaysian licensed general insurer, Liberty Insurance Berhad (LIB), on LIB’s acquisition of AmGeneral Insurance Berhad (AmGen). Post-acquisition, AmGen will be merged with LIB through a scheme of transfer of business. The part cash part share deal resulted in Liberty acquiring a 70% majority stake in the LIB-AmGen combined business. The combined businesses of LIB and AmGen are expected to create the largest motor insurer, and second largest property and casualty insurer, in Malaysia.

• Acted for Great Eastern Life Assurance (Malaysia) Berhad and Great Eastern Takaful Berhad in respect of the proposed MYR 1.121 billion acquisition of shares in AmMetLife Insurance Berhad and AmMetTakaful Berhad. We further advised on the terms of the bancassurance and bancatakaful partnership between (i) AmMetLife Insurance and AmBank (M) Berhad; and (ii) AmMetTakaful Berhad, AmBank (M) Berhad and AmBank Islamic Berhad.

• Advised DKSH on its acquisition of AIC Ingredients Sdn. Bhd., a Malaysian functional food ingredients manufacturing and distribution business. The transaction strengthens DKSH's regional blending and formulation capabilities and supports its offerings and distribution network across Asia Pacific.

• Advised Nichirei Logistics Group Inc. on its acquisition of Integrated Cold Chain Logistics Sdn. Bhd., Kris Bayu Sdn. Bhd. and ICCL Distribution Sdn. Bhd., a Malaysian cold chain logistics/warehousing and transport platform. The acquisition enables Nichirei to own strategic distribution hubs across Peninsular Malaysia, with full cold chain logistics service offerings, and adds scale to its robust operations.

• Advised BYD Company Limited on its strategic acquisition of 150 acres of land situated at Tanjong Malim, Perak from KLK Land. This marks BYD's first major acquisition in Malaysia, and is envisioned to be established as a first-in-class automotive assembly plant and developing a fully fledged automotive and electric vehicle ecosystem.

• Advised EssilorLuxottica Group on the proposed acquisition of A-Look Eyewear Sdn. Bhd., Pro Eyes Optics Sdn. Bhd. and OWL Eyewear Sdn. Bhd., a Malaysian optical retail/eyewear business. The A-Look group is one of the largest optical chains in Malaysia operating over 90 stores, and complements EssilorLuxottica's long standing and market leading whole and retail position in Malaysia.

• Advised Horizon Construction Development Investment (Hong Kong) Limited on its investment in TH Tong Heng Machinery Sdn. Bhd., a Malaysian machinery rental, machinery trading and industrial equipment maintenance business. The deal is a significant milestone in Horizon's Southeast Asia growth strategy and its first overseas expansion through inorganic growth.

• Acted for Nichirei Logistics Group Inc. ("Nichirei"), the largest logistic service provider in Japan on the strategic acquisition of 49% stake in Litt Tatt Enterprise Sdn Bhd and Litt Tatt Distribution Sdn Bhd respectively. The Litt Tatt group is a premier logistics solution provider, and is a well-known brand for provision of cold chain logistics solutions.

• Advised Thai-based multinational food & beverage manufacturer in connection with the acquisition of a 50% stake in a Malaysian food distribution company from its publicly listed parent company, and the proposed joint venture between our client and the target’s parent company with respect to growing our client's distribution business pertaining to its beverage products in Malaysia.

• Bar of England and Wales
• Inner Temple
• Malaysian Bar