Lee Hock Chye.jpg

Lee Hock Chye

Managing Partner, Christopher & Lee Ong

Practice Area:

Banking & Finance
General Corporate Commercial
Real Estate

LL.B (Hons), Singapore
Advocate & Solicitor, Singapore
Advocate & Solicitor, Malaya

T +603 2273 1919
E hock.chye.lee@christopherleeong.com

Hock Chye has had over 28 years of experience in the field of real estate, banking and finance and corporate law.

His/her experience includes:

1. Real Estate

  • Acted for Nusajaya Consolidated Sdn Bhd (“Nusajaya”), a wholly owned subsidiary of UM Land Berhad. Nusajaya is the developer of Somerset Puteri Harbor in Iskandar. As part of the sale of the units in the development, Nusajaya appointed Ascott International Management (Malaysia) Sdn Bhd (“Ascott”) to provide management services, and to operate the development as serviced residences. Acted for Nusajaya in the sale and leaseback of the units, and in the management agreement with Ascott.
  • Acted for Albedo Limited (“Albedo”), a company listed on SGX. Albedo intend to acquire from Infinite Rewards Inc. the entire issued share capital of certain special purpose vehicles which hold land in Iskandar, valued in the region of SGD770,000,000.00.
  • Acted for MDIS Malaysia Sdn Bhd (“MDIS”), a wholly owned subsidiary of Management Development Institute of Singapore. MDIS acquired a piece of vacant land of about 30 acres from Education@Iskandar Sdn Bhd (“EISB”), a wholly owned subsidiary of Iskandar Investment Berhad, to construct a campus thereon. MDIS expect that the total investment will be in the region of RM300,000,000.00.
  • Acted for Sara-Timur Urban Development Sdn Bhd (“STUD”) in a joint venture with Perbadanan Menteri Besar Kelantan (“PMBK”) and Tunjung Development Corporation Sdn Bhd (“TDC”). STUD funded the acquisition by PMBK of certain land in the outskirts of Kota Baru measuring about 40 acres. After the acquisition was completed, STUD commenced construction of and is currently undertaking a mixed development with a GDV of RM800,000,000.00. In considerationn for allowing STUD to carry out the development on the land, STUD will also give to PMBK or TDC certain office units/shop units in the development.
  • Acted for a prominent family on the distribution of the estate of the deceased patriarch of the family, which involved the transfer and exchange of real properties and interests in real properties between the beneficiaries of the estate.
  • Acted for SEB Investment GmbH, a German fund, in its acquisition of one block of residential units at KL Pavilion, and the subsequent sale of the units thereafter.
  • Acted for Quill Realty Sdn Bhd in its sale of QB 7, a building located at KL Sentral to a special purpose company.
  • Acted for the proprietors in a joint venture with Sunrise Benchmark Sdn Bhd (“Sunrise”), a wholly owned subsidiary of Sunrise Berhad, whereby the proprietors allowed Sunrise to develop the land held under Geran 1794 Lot 1873 Mukim Batu District of Kuala Lumpur.
  • Acted for the proprietors in a joint venture with Lucky Bright Star Sdn Bhd (“Lucky”), a wholly owned subsidiary of Sunrise Berhad, whereby the proprietors allowed Lucky to develop the land held under GM3212, Lot No. 1871, in the Mukim of Batu, Tempat Sungei Teba, Daerah Kuala Lumpur.

2. Corporate Finance

  • Negotiated and prepared banking and security documentation, including those related to aircraft financing, ship mortgages, project financing, raising capital by the issue of promissory notes and bonds, issue of certificates of deposits by financial institutions, custodian agreements, interest and currency swap agreements and loan syndications.
  • Advised financial institutions on collateralised loan facilities to borrowers. The firm was one of the pioneers in Malaysia in assisting a leading bank in Malaysia which offered collateralised loan facilities to borrowers.
  • Advised in relation to RM100 million Al-Murabahah Commercial Papers/Medium Term Notes to finance the various government contracts awarded to the Issuer.

3. Banking

  • Negotiated and prepared banking and security documentation, including those related to aircraft financing, ship mortgages, project financing, raising capital by the issue of promissory notes and bonds, issue of certificates of deposits by financial institutions, custodian agreements, interest and currency swap agreements and loan syndications.
  • Advised financial institutions on collateralised loan facilities to borrowers. The firm was one of the pioneers in Malaysia in assisting a leading bank in Malaysia which offered collateralised loan facilities to borrowers.
  • Advised in relation to RM100 million Al-Murabahah Commercial Papers/Medium Term Notes to finance the various government contracts awarded to the Issuer.