Sayeed Quasem

Sayeed Quasem

Partner

Advocate

Supreme Court of Bangladesh

Abu Sayeed Mohammad Quasem has immense experience of working in leading set of chambers. He also held short-term secondee position in two multinational banks and two large multinational companies in Bangladesh. He completed his LL.B from University of London, U.K., LL.M in International Commercial Law from University of Westminster, U.K., and LL.M in Maritime Law from University of Hertfordshire, U.K. He is an Advocate of the Supreme Court of Bangladesh.

He practices in a broad range of commercial law areas, including admiralty, arbitration, banking and financing, company, corporate and commercial, power and energy, merger and acquisition, telecommunications and securities laws. His principal area of practice is domestic and cross-border investment projects. He regularly advises local, foreign and multinational banks and financial institutions, as well as investors, on diverse acquisition, financing and restructuring transactions. He has acted as counsel in many foreign investment and project finance matters, including multibillion-dollar transactions, in the energy, infrastructure, telecommunication and various other sectors. He has also acted as counsel in several litigations involving company, commercial and administrative law matters.


MAJOR TRANSACTIONS

1. Counsel for Japanese and Singaporean investors in acquisition of stake in a leading Bangladeshi retail company (ongoing);

2. Counsel for the sponsors in relation to establishment of a solar power plant in Teknaf, Bangladesh (ongoing);

3. Counsel for a Hong Kong investor group in restructuring three leading garments manufacturing companies in Bangladesh (ongoing);

4. Counsel for a Hong Kong investor in acquisition of two garments manufacturing companies in Bangladesh (2025);

5. Counsel for Japanese and Singaporean investors in acquisition of stake in a leading Bangladeshi automobile company (2024);

6. Counsel for the sponsors in relation to establishment of a solar power plant in Cox’s Bazar, Bangladesh (2024); 

7. Counsel for a Chinese investor in acquisition of controlling stake in a leading multinational plasma based biopharmaceutical company in Bangladesh (2023);

8. Counsel for a large Bangladeshi company in establishment of an oil refinery project and a sugar refinery project (2023);

9. Counsel for a Hong Kong investor in a global acquisition of a leading garments manufacturer under an international brand and with presence in Bangladesh (2022);

10. Counsel for the sponsors in respect of a transaction involving construction of cross-border power transmission lines and export of power from Nepal to Bangladesh (2021-2022);

11. Counsel for a Singapore based leading real estate investment manager in an upstream acquisition of a serviced residence and hotel operating platform owned by a global real estate development company (2022);

12. Counsel for the foreign lenders in relation to financing of a Floating Storage and Regasification Unit (FSRU) which is contracted to provide regasification services at an LNG Regasification facility in Bangladesh (2020);

13. Counsel for two multinational Bangladeshi tobacco companies in a transaction involving merger and acquisition (2020-2021)

14. Counsel for a telecom operator (a part of a global business) in a transaction for selling their passive infrastructure assets in Bangladesh (2019 - 2020);

15. Counsel for the Chinese lenders in respect of 2x660 MW power project in Payra, Bangladesh in respect of a USD 1.98 Billion facility (2016-2022);

16. Counsel for Asian Development Bank, Japan Bank For International Cooperation, and NEXI covered lenders, namely, Mizuho Bank, Ltd., MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation and Société Générale, Tokyo Branch, acting as financers, in respect of development of a 750 MW gas-fired combined cycle power plant at Meghnaghat, Naryanganj, Bangladesh (2017 - 2022);

17. Counsel for an international bank acting as lender in relation to an ECA-backed facility in relation to the construction and development of a new deep-sea port in the Patuahkhali district of Bangladesh (2018 - 2020);

18. Counsel for the sponsors and project company (Chinese and Bangladeshi joint venture) in setting up twin power project (with a combined capacity of 1200 MW) involving investment of US$ two billion (2015 - 2021);

19. Counsel for a leading multinational insurance company in respect of subscription of bonds (2021);

20. Counsel for the onshore account bank (acting for and on behalf of the international lenders) in relation to the construction and development of an Elevated Expressway in Dhaka, Bangladesh (2019-2020);

21. Advised a Singapore based multinational financial services provider on the government bonds and corporate bonds (2020);

22. Advised a USA based technology and financial services provider on crypto-currencies (2020);

23. Advised an American multinational investment bank and financial services provider in respect of issuance of Notes denominated in Bangladesh currency and FX derivatives transactions (2020);

24. Advised a USA based multinational bank on the bonds and total return swap transactions (2019);

25. Counsel for the arrangers and subscribers of preference shares in five power generation companies (2018 – 2019);

26. Counsel for the Bangladeshi issuer company in a listing matter where the issuer company is applying for listing in the Singapore stock exchange (2018);

27. Counsel for a Japanese company in relation to a joint venture project for construction and operation of a river port in Bangladesh (2014 - 2017);

28. Counsel for an international oil company in a transaction involving sale of its stake in a special purpose company in Bangladesh (2016- 2017);

29. Counsel for two power project companies in a transaction involving merger and acquisition (2016-2017).

30. Advised a USA based large financial institution in relation to its anti-money laundering/ anti-terrorist finance, international sanctions, and anti-bribery and corruption obligations in Bangladesh (2016).

31. Advised an Indian construction company in participating a bid for contract invited by Ministry of Railways, Bangladesh, for construction of Khulna-Mongla Port rail line, embarkment, track, etc. (2016);

32. Advised a USA based large financial institution on regulatory compliance in relation to introduction of Charge Card in Bangladesh (2015);

33. Advised one of the largest American banks in relation to the regulatory risks with regard to its Bangladeshi vendors (2015);

34. Advised one of the largest multinational computer software, services and solution provider in relation to introduction of new software in Bangladesh and the associated regulatory restrictions (2015);

35. Advised one of the largest internet browsing system developer on regulatory compliance in relation to introduction of a new search engine (2015);

36. Advised a multinational company regarding the impact of Bangladesh Competition Laws on its distributorship agreements (2014);

37. Advised one of the largest European oil and gas exploration and production companies regarding compliance and applicability of Bangladesh Petroleum Laws on its transactions and operations in Bangladesh (2014);

38. Advised a multinational telecommunication services provider on Securities Laws of Bangladesh (2014);

39. Advised a multinational telecommunication services provider and several USA based banks on the laws relating to data protection, cross-border transfer, storage and management of confidential information (2014);

40. Advised a multinational financial institution in relation to the regulatory compliance regarding acquisition of shares of a defaulter company, reviewing the transfer documents, and providing legal assistance on the transfer process (2013);

41. Represented several international/multinational/national entities in registering Trademarks, Patent and Design and acting as counsel before the Registrar of Trademarks, Patent and Design in relation to proceedings arising from such registration applications;

42. Advised several multinational companies, banks and factories on various labour law related issues;

43. Counsel for local and international clients in a number of Judicial Review Petitions before the Hon’ble High Court Division of the Supreme Court of Bangladesh;

44. Counsel for local and international clients in in a number of Admiralty Suits and Company Matters before the Hon’ble High Court Division of the Supreme Court of Bangladesh;

45. Counsel for local and international entities in suits for trademark infringement before the learned District Court, Dhaka;

46. Advising largest Bangladeshi group of companies, such as, TK Group, PHP Group, etc., on a regular basis on different legal issues relating to commercial, corporate, admiralty, fiscal and other regulatory matters.



NOTABLE PUBLICATION

Bangladesh Chapter in Chambers Global Practice Guides on Project Finance (2020 and 2021)