SIGNUM PARTICIPATED IN MALAYSIA-KAZAKHSTAN BUSINESS FORUM 2018

On 30 October 2018, SIGNUM’s Sofiya Zhylkaidarova, Liza Zhumakhmetova and Abylkhair Nakipov participated in the Malaysia-Kazakhstan Business Council Inauguration and Business Forum 2018 in Almaty, Kazakhstan. The event hosted by Malaysia-Kazakhstan Business Council has brought together major Malaysian and Kazakhstan companies from different industries such as KTZ Express, Reach Energy Berhad, Astana International Financial Centre (AIFC), Samruk-Energo, Resmi Group and many others.

The event was aimed specifically at increasing direct contacts and mutually beneficial cooperation between business communities of both countries, creating a favourable climate for promoting the interests of Kazakhstan business in the Malaysian market and attracting investments from Malaysia to Kazakhstan. The programme included number of signings of MoU (Memorandum of understanding), as well as presentations of the key Kazakhstan and Malaysian representatives and less formal networking events.

One of the key speakers - Reach Energy Berhad’s СEO – Mr. Shahul Hamid has presented his own success story of investing into Kazakhstan. In his speech, Mr. Shahul Hamid has pointed out that it was an exciting opportunity for them to enter into the Kazakhstan market and that SIGNUM Law Firm, “the leading law firm in Kazakhstan, has thoroughly supported us throughout the acquisition of the major oil and gas asset in Kazakhstan, a complex transaction which involved several jurisdictions”.

Liza Zhumakhmetova, the lead Kazakhstan counsel of the transaction said “we are so proud to be part of this landmark success story, and we are indeed confident that with its great team of top professionals with international expertise, Reach Energy Berhad will contribute to further boosting up our economy, especially in the region”.

Special thanks to Malaysia-Kazakhstan Business Council, the Kazakhstan Embassy in Malaysia, the Embassy of Malaysia in Kazakhstan for organizing for such a great and timely event.