Jurisdiction - Malaysia
News
Malaysia – Wong & Partners Advises VLCC Health Care On Acquisition Of Wyann International.

26 November, 2012

 

 

Wong & Partners, the Malaysian member firm of Baker & McKenzie International, has advised VLCC Health Care Limited (VLCC) on a cross-border acquisition of a majority shareholding interest in Wyann International (M) Sdn Bhd. Partner Munir Abdul Aziz led the team and was assisted by associates Amy Khoo and Low Ken Boon.
 
Munir Abdul Aziz, the Firm's corporate and commercial partner, said of their involvement in this matter, "It was a pleasure working with the VLCC team on this matter, which is indicative of the growing trade and investment flows between Malaysia and India. It also proves that many foreign investors continue to believe that Malaysia is the natural gateway to South East Asia."
 
VLCC Health Care Limited is a market leader of the healthcare and wellness industry in the Asia Pacific region. Founded by Mrs. Vandana Luthra in 1989, VLCC currently has company-managed operations covering nearly 300 locations across 121 cities in 10 countries – India, UAE, Oman, Bahrain, Qatar, Kuwait, Sri Lanka, Bangladesh, Nepal and now, Malaysia.
 
Wyann International is the holding company of the “Bizzy Body” and “Facial First” brands of beauty and wellness centres in Malaysia. Its chain of beauty and wellness centres include 16 “Bizzy Body” slimming and fitness outlets and 6 “Facial First” beauty centres. Wyann International's main marketing and operational initiatives are based out of Malaysia. 
 
For further information, please contact:
 
Jamie Kar, Baker & McKenzie
jamie.kar@bakermckenzie.com
 

Leave a Reply

You must be logged in to post a comment.