Adnan Sundra & Low Recognized at the Asset Triple A Islamic Finance Awards 2023
As 2023 comes to a close, Adnan Sundra & Low is delighted to share with you that the firm has accomplished a historic achievement by winning 13 out of 32 deal award categories at the Asset Triple A Islamic Finance Awards 2023.
This marked a momentous milestone, distinguishing Adnan Sundra & Low as the only Malaysian law firm to have achieved such a record of wins in the 14-year history of the awards, specifically in the 9 years since the introduction of the ”Best Deals By Country” category.
The Awards celebrates excellence and innovation in deal-making, and honours organisations and individuals making significant contributions to the growth and development of Islamic finance. The firm is thankful to their clients, partners and associates involved in the winning deals, this success is clear market recognition of the firm's dedication, teamwork and expertise across a wide range of sectors within Islamic finance.
Adnan Sundra & Low's award winning deals comprised:
Best sustainability sukuk - Corporate
-MYR 1.5 billion sustainability wakala sukuk
Best sustainability sukuk – Financial institution
-MYR 300 million dual-tranche sustainability wakala sukuk
Best sustainability sukuk - SMEs
-MYR 500 million sustainability wakala bi-istithmar sukuk
Best sustainability sukuk – Transport
-MYR 5.5 billion sustainability murabaha sukuk
Best local currency sukuk
-MYR 650 million wakala sukuk
Best corporate sukuk – Real estate
-MYR 550 million wakala sukuk
Best corporate sukuk – Power
-MYR 4 billion multi-tranche wakala sukuk
Best corporate sukuk – Energy service provider
-MYR 500 million senior wakala bi al-istithmar sukuk
Best bank sukuk
-MYR 1.5 billion dual-tranche wakala sukuk
Best liability management
-MYR 25.2 billion musharaka and murabaha sukuk
Best securitisation sukuk
-MYR 474 million medium-term murabaha sukuk
Best sukuk restructuring deal
-MYR 1.126 billion senior musharaka sukuk/MYR 2.209 billion subordinated musharaka sukuk programme
Best equity placement
-MYR 465.9 million primary placement/secondary selldown
TIAG & TAG Alliances Welcome US Top 70 Accounting Firm Sax LLP
Elite multidisciplinary alliance of accounting and law firms adds one of the top accounting firms in the United States.
TIAG®, the accounting division of TAG Alliances®, recently welcomed Sax LLP (“Sax”), a U.S. Top 70 accounting firm based in New York and New Jersey. Sax is consistently ranked as one of the largest and fastest-growing independent accounting firms in the United States. In 2023, Sax was named by Inside Public Accounting as one of its “Best of the Best” public accounting firms in the nation. As a member of TAG Alliances, the third-largest international alliance of accounting and law firms, Sax and its clients will have access to the global and multidisciplinary relationships and resources found within TAG Alliances.
With multiple offices in New York and New Jersey, the addition of Sax LLP further solidifies TIAG and TAG Alliances’ presence in the Northeastern United States. Currently, TAG Alliances’ overall global reach encompasses 280 independent member firms with 22,000 professionals in over 800 offices located in more than 110 countries.
In addition to traditional accounting services such as audit and tax, Sax also provides a wide array of advisory services, including cybersecurity and managed IT, investment banking, human resources consulting, valuation, litigation support, and wealth management. Sax is also a leader in numerous industry sectors, such as construction, real estate, consumer products, health care, non-profit organizations, and professional services firms.
“Sax is a dynamic, top-100 firm in the US and a leader in the accounting industry,” said Richard Attisha, President & CEO of TIAG & TAG Alliances. “Named the third fastest growing firm in the U.S. by IPA, Sax is a significant addition to our organization and our members in one of the most important markets in the world. As one of the world’s largest multidisciplinary alliances, TAG Alliances is strategically positioned to support Sax and its clients in their continued growth. We look forward to a bright and mutually beneficial future with Sax.”
“We are excited to join this global alliance and their tremendous community of respected professional services firms,” said Joseph A. Damiano, Sax CEO & Managing Partner. "TIAG is a great place for Sax to showcase its wide range of services and establish itself as a valuable resource for fellow alliance members. We are looking forward to building new relationships with like-minded firms, and ultimately building upon our list of capabilities on behalf of our clients and partners.”
TAGLaw Welcomes KZ and Partners in Morocco
KZ & Partners is an independent law firm based in Casablanca, Morocco, specializing in M&A and Private Equity transactions. The firm represents foreign investors, global private equity firms, and major industrial and real estate organizations.
Learn more about KZ and Partners.
TAG Alliances Welcomes Steven Yu as New Advisory Board Member
Lawyer from Hiways Law Firm joins Advisory Board of renowned international alliance of professional services firms.
TAG Alliances®, a leading multidisciplinary alliance of independent professional services firms, has appointed Steven Yu of Hiways Law Firm in Shanghai, China as its newest Advisory Board member. Steven will join the Advisory Board as a member of its Global Strategy Committee.
TAG Alliances’ Advisory Board is composed of leading practitioners who provide guidance and perspective to the organization’s Executive Team on various matters such as updating the Charter and Code of Conduct, assisting in member matters, and approving prospective members.
“I am thrilled to announce Steven Yu as our newest Advisory Board member” said Richard Attisha, President & CEO of TAG Alliances. “With Steven’s extensive experience advising both local and foreign clients in international trade law, he will undoubtedly bring a unique perspective and valuable insights to the Board.”
The complete TAG Alliances Advisory Board includes:
- Kurt Baker of ESV Business advice and accounting (New South Wales, Australia - TIAG);
- Mariano Batalla of Batalla (Costa Rica - TAGLaw);
- Basil Bielich of Atla Group (Isle of Man - TIAG & TAG-SP);
- Gbenga Biobaku of Gbenga Biobaku & Co. (Nigeria - TAGLaw);
- Russell Brown, OBE of LehmanBrown (Beijing & Shanghai, China - TIAG) and Acclime (TAG-SP);
- Pablo Brusco of Brons & Salas (Argentina - TAGLaw);
- Jennifer Clarke of LK Shields Solicitors (Ireland - TAGLaw);
- Jim Dankenbring of Spencer Fane LLP (Missouri, USA - TAGLaw);
- Markus Dankl of INTERCURA (Austria - TIAG);
- John Delaney of Delaney Partners (Bahamas - TAGLaw);
- Jan Depoorter of SBB Accountants & Advisors (Belgium - TIAG);
- Anna Derewenda; Williams Mullen (Virginia & North Carolina, USA - TAGLaw);
- Armand de Romémont; Actheos (France - TIAG);
- Neil Dinnes; Anderson Anderson & Brown LLP (Scotland – TIAG)
- Sibina Eftenova of Popov, Arnaudov & Partners (Bulgaria - TAGLaw);
- Jamison Firestone of FDS Law Ltd (Russia – TAGLaw)
- Cameron Hancock of Kirton McConkie, PC (Utah & Idaho, USA - TAGLaw)
- Paul Hopkins of Carter Newell (Australia - TAGLaw);
- Irwin Kishner of Herrick, Feinstein LLP (New York, NY, USA - TAGLaw);
- Robert Levy of Kuit Steinart Levy LLP (Manchester, England - TAGLaw);
- Paul Maberly of Mercer & Hole (London, England - TIAG);
- Greg Noschese of Munsch Hardt Kopf & Harr, P.C. (Texas, USA - TAGLaw);
- Wendy On of Fineman West & Co. LLP (Los Angeles, CA, USA - TIAG);
- Felipe Pestana of Grupo Planus (Rio de Jeneiro, Brazil - TIAG);
- Ray Polatz of Cohen & Company (Ohio, USA); and
- Paul Tauber of Coblentz, Patch, Duffy & Bass LLP (San Francisco, CA, USA - TAGLaw)
About TAG Alliances®
TAG Alliances is comprised of three divisions: TAGLaw®, TIAG® (The International Accounting Group), and TAG-SP®. TAGLaw is an international alliance of more than 160 independent law firms. TIAG is an international alliance of more than 115 independent accounting firms. TAG-SP is a complementary association of strategic business partners. Collectively, TAG Alliances members provide legal, accounting, financial and business support services on a worldwide scale. With approximately 17,000 professionals in over 290 member firms, and more than 750 offices in over 105 countries, members of the TAG Alliances serve tens of thousands of clients from all industry and commercial sectors. TAG Alliances is consistently recognized as one of the Top 10 alliances of accounting & legal alliances in the world. Learn more at www.TAGAlliances.com.