Azman bin Othman Luk

Managing Partner

Azman is the Managing Partner of Rahmat Lim & Partners, and Head of the Firm’s Regulatory & Compliance Department. He concentrates primarily on banking and finance transactions including syndicated and structured financing, securities regulation and debt capital markets, LBO transactions, strategic investments and restructurings. He also advises on financial and capital markets regulation.

Azman is consistently recognised as a Leading Individual in Banking & Finance by Chambers Global and Chambers Asia-Pacific, The Legal 500 Asia Pacific and is a Highly Regarded lawyer in Banking and Capital Markets in IFLR1000. Azman has in various editions of Chambers Asia-Pacific been endorsed by peers and clients as being "very proactive and able to think outside the box", and is praised by sources as “one of the leading finance practitioners in Malaysia”, as well as being noted for the fluent structuring of Shariah-compliant transactions.

Azman holds an LL.M. in corporate and commercial law from the University of London. After being called to the Bar of England & Wales, he undertook a nine-month stint as a pupil in the chambers of R Neville Thomas QC. He joined Rahmat Lim & Partners in 2011.

Azman is concurrently a partner in Allen & Gledhill LLP, the Firm’s associate firm in Singapore.

Work Highlights

• Advised OCBC Bank (Malaysia) Berhad, MUFG Bank (Malaysia) Berhad, Maybank Islamic Berhad, Oversea-Chinese Banking Corporation Limited, Labuan Branch, MUFG Bank (Malaysia) Berhad, and Maybank Islamic Berhad in connection with the first-of-its-kind syndicated multi-currency, Shariah-compliant, sustainability-linked facilities of up to US$800 million obtained by Axiata Group Berhad (“Green Project Deal of the Year” award at the Islamic Finance News Deals of the Year 2020 and “Islamic Finance Deal of the Year” at the FinanceAsia Achievement Awards 2020).
• Advised CIMB Bank as mandated lead arranger and original lender, and CIMB Investment Bank as facility agent and security agent, in the HKD3.41 billion financing of the privatisation of Nirvana Asia, a Caymans company listed on the Hong Kong Stock Exchange (HKSE), by a group of investors including CVC Asia Pacific.
• Advised a syndicate of banks in relation to a MYR1.9 billion financing based on the Syariah principle of Murabahah (via a Tawarruq arrangement) granted to Weststar Aviation Services, a Malaysian company involved in the aviation industry and one of the largest offshore helicopter transportation services providers in South-east Asia.