Karim is a transactional and corporate advisory lawyer specialising in private M&A, private equity, joint ventures, capital raisings (including secondary equity and debt capital raisings) and other corporate transactions.
Karim has deep experience advising clients on cross-border matters across a wide range of industries, having spent nearly 10 years based across Beijing, Hong Kong and Tokyo. His working languages are English and Chinese Mandarin, and he speaks Japanese, Chinese Cantonese and French at an intermediate level.
Karim is a trusted adviser to a number of listed and unlisted businesses and has experience across a range of industry sectors including energy and resources, infrastructure, healthcare, retail and gaming.
Karim’s work highlights include:
Australian M&A
- Icon Cancer Care on the strategic divestment of its Hong Kong business (2024)
- Beijing Energy International on its entry into a purchase agreement to acquire a portfolio of 5 solar farms from Lightsource bp (2023-2024)
- Quadrant Private Equity on its sale of the Journey Beyond experiential travel business (2022)
- Entain on its bid for the Western Australian government abandoned sale of the TAB (2022)
- EMR Capital on its upstream consortium arrangements with Golden Energy and Resources in respect of their joint acquisition of the Ravenswood gold mine (2021)
- JSE-listed WBHO on unsolicited offer for Probuild and subsequent sales by Deloitte as administrators of the construction business (2020-21)
Capital Markets
- Flight Centre on its $400m convertible bond (2020); $400m convertible bond (2021); placement and SPP to fund the Scott Dunn acquisition (2023); liability management (convertible bond buyback program) (2024); $450m convertible bond and concurrent convertible bond buyback (2025)
- New Hope on its $200m convertible bond (2021); capital and liability management (share and convertible bond buyback program) (2022 and 2023); $300m convertible bond with capped call (2024)
- Soul Patts on its $450m new convertible bond, redemption of its existing $225m convertible and $225m equity placement (2024)
- AMA Group on its rights offer and convertible bond in response to COVID-19 (2021)
China-based cross-border transactions
- Brambles Limited on the merger of its Chinese pallets business with Loscam (2023)
- Tencent on its investments in Pinduoduo (2015) and Wattpad (2018)*
- Didi Chuxing on its investment in Grab (2017)*
- China Construction Bank on its acquisition of a controlling interest in PT Bank Windu, a publicly listed lending bank in Indonesia (2016)*
- Morgan Stanley, UBS and Goldman Sachs on various investments in China domestic businesses*
* Represent transactions occurring before Karim re-joined Mallesons.