Penelope Gan (Partner)
Penelope is a graduate of the University of Sheffield, United Kingdom with a Bachelor of Laws (Hons). She thereafter obtained the Malaysian Certificate in Legal Practice and was admitted as an Advocate & Solicitor of the High Court of Malaya in February 2003.
She focuses on corporate and commercial law, real estate, banking and estate planning. Penelope also advises on general corporate matters for companies in franchising, property construction, food and beverage industry, distributorship and healthcare including negotiating and preparing agreements for joint venture, privatisation, shares sale, corporate restructuring, business and estate planning, family and succession as well as financial documentation.
In over two decades of legal practice, Penelope has gained extensive experience in real estate transactions from advisory to completion of projects and/or transactions which include advising on rules and regulations in purchasing and selling property in Malaysia, corporate banking and housing loan transactions to development projects.
Penelope has represented and advised local and foreign clients in business contract negotiations.
Throughout her legal practice, Penelope has also been involved in corporate floatation exercises for various companies both Main Board and Second Board of Kuala Lumpur Stock Exchange and also due diligence for restructuring of non-performing loans of financial institution. She has also handled local and offshore financial institutions in various million dollar or ringgit-denominated loans for financing various investments both locally and overseas.
She is has been appointed as an Independent Non-Executive Director, Chairman of the Risk Management Committee, a member of the Audit Committee, Nomination Committee, Remuneration Committee and Sustainability Committee of Berjaya Corporation Berhad since 2018.
In addition, Penelope is also the legal advisor for the Gan Association of Malaysia and a non-profit organisation Better Malaysia Foundation (BMF), accredited as a member of Malaysian Institute of Estate Planning (MIEP) and Olave Baden-Powell Society (United Kingdom).
- General Corporate Advisory for
companies in franchising, property
construction, food and beverage,
distributorship and healthcare - Negotiating and preparing agreements for
joint venture, privatization, - Negotiating and preparing share sale agreements
- Negotiating and preparing agreements for
corporate restructuring - Preparing agreements for business and estate
planning, family and succession - Preparing
financial documentation - Involved in corporate floatation exercises for
various companies on both the Main Board and
Second Board of Kuala Lumpur Stock
Exchange - Conducted due diligence for
restructuring of non-performing loans of
financial institution. - Handled local and
offshore financial institutions in various million dollar or ringgit-denominated loans for
financing various investments both locally and
overseas - Reviewed,
advised and drafted or redrafted various types
of credit facility documents of local financial
institutions to be adopted as standard
documents for banks
- Advisory to completion of projects and transactions
which include:- advising on rules and
regulations in purchasing and selling property
in Malaysia - corporate banking and housing
- loan transactions to development projects.
- advising on rules and
- Represented and advised local and foreign
clients in business contract negotiations - Lead numerous reputable housing and
non-housing developments developed by
non-listed private companies as well as public
listed companies
- Successfully negotiated four times more compensation sums for compulsory land acquisition with Government of Malaysia due to ECRL project which awarded RM40 million as opposed to original offer of RM10 million
- Coordinated a campaign on anti-child abuse which resulted in the Child Act 2001 being amended
- Structured and redrafted various types of commercial or corporate and retail credit facility documents of financial institutions to be adopted as standard documents of the respective banks
- Created precedents, templates letters, resolutions and agreements to be adopted by corporate clients
- Conducted external legal trainings and seminars periodically on new developments of law pertaining to housing development projects and corporate matters and the legal implications thereof on banking documents which received good response and feedback
- Successfully implemented more efficient administrative processes in handling files to meet majority of client’s turnaround time
- Represented firm to present to the board of directors of listed and non-listed companies to be empanelled as one of the panel solicitors
- Successfully promoted alternative dispute resolutions, thereby saving cost and time for clients and all relevant parties
- Coordinated and implemented files and emails auto back-up systems in reducing misplacing or losing of data for corporate clients