Francine Ariel Paul Senior Associate

T +603 2081 3999 ext 838


Francine graduated from the University of Manchester with LL.B (Hons) in 2015. She then completed the Bar Professional Training Course in the United Kingdom and trained as a Barrister-at-Law in Lincoln’s Inn, before being admitted as an Advocate and Solicitor of the Malaysian Bar in 2017. Francine is now a Senior Associate in the Mergers & Acquisitions and Corporate Advisory and Transactions practice.



Key Practice Areas

  • Mergers & Acquisitions
  • Corporate Advisory and Transactions
  • Environment

Note: This list includes engagements completed prior to joining Skrine.
  • Advised and assisted a South Korean construction engineering company in respect of its acquisition of a majority stake in a Singaporean-based electronics waste management solution provider. 

  • Advised and assisted a Malaysian publicly listed private healthcare company in its proposed acquisition of a large private healthcare group with facilities in Malaysia, Indonesia, Hong Kong and Australia. 

  • Advised and assisted a major Japanese oil and gas company on its proposed joint venture with a Malaysian company for the manufacture and distribution of a specialised petrochemical product in the Malaysian market. 

  • Advised and assisted a government-linked private equity fund management company on the proposed acquisition of a 75% equity stake in a leading distributor of pharmaceutical and healthcare supplement products in Malaysia. 

  • Advised and assisted a private education group on its proposed acquisition of a major pre-tertiary education business. 

  • Advised and assisted a Singaporean private equity firm on its proposed investment in a major book retail business in Malaysia. 

  • Advised and assisted a large Japanese conglomerate on its proposed subscription in a leading Malaysian telecommunications group. 

  • Advised and assisted a leading distribution and marketing services provider in its proposed acquisition of a 100% stake in a distributer of ophthalmology medical devices in Malaysia. 

  • Advised and assisted a Dutch company on its proposed acquisition of a Malaysian food and pharmaceuticals business. 

  • Advised and assisted a private equity firm on its proposed capital injection in a Malaysian joint venture vehicle used to facilitate investment in the Philippine retail business. 

  • Advised and assisted on the proposed reorganisation of a government-linked conglomerate involved in the sectors of agriculture, healthcare, food & beverage and real property.

  • Advised a Singaporean company on the applicable foreign equity restrictions and possible corporate structures for investment in the Malaysian petroleum industry. 

  • Advised a Singaporean oil and gas company on the sub-contracting of petroleum upstream activities under Malaysian law. 

  • Advised foreign companies on the applicable licensing regime and foreign equity restrictions in respect of the distribution and retail business in Malaysia. 

  • Advised foreign companies on the implications for carrying on business in Malaysia under the Companies Act 2016 and establishing a principal-agency relationship with its Malaysian subsidiaries under the Contracts Act 1950. 

  • Advised on the existence of a conflict-of-interest situation involving the duties of nominee directors in terms of their participation in and representation of their nominator’s interests in corporate meetings.

  • Advised on whether a bonus pay-out to employees involved in the preparatory and due diligence work for a corporate transaction constituted a form of financial assistance under the Companies Act 2016. 

  • Advised a global pharmaceutical company on the possible options for operating a pharmaceutical distribution business in Malaysia. 

  • Advised a global pharmaceutical company on the amendments required to be made to an existing agreement to accommodate the proposed distribution of products through named patient programmes in Malaysia. 

  • Advising on a long-term multi-faceted plan to overhaul the structure and functions of a State water authority by increasing its enforcement, licensing and decision-making powers in water supply and water resources management, assimilating integrated water resources management into existing practices and merging as a single entity the various water supply entities for a more streamlined and efficient process. 

  • Advised on environmental laws for the Malaysian subsidiary of a multinational listed pharmaceutical company based in South Africa as part its annual global legislative update. 

  • Reviewed and advised on the terms of a proposed forest carbon credits trading agreement to be entered into between a State government and a potential Singaporean-based investor. 

  • Advising on the licensing requirements under the Water Services Industry Act 2006, including on the categories of water tariffs and charges for the private supply of water in specific States. 

  • Advised on and secured the donations licence for a non-profit organisation in Malaysia which forms part of a worldwide network to increase climate change awareness amongst non-executive directors.

  • Co-Author – Malaysian Chapter, Lex Mundi Global Climate Change Guide (2021)
  • Co-Author – Malaysian Chapter, CCLI and CGI Primer on Climate Change: Directors’ Duties and Disclosure Obligations (July 2022)
  • Co-Author - Malaysia chapter of the Net Zero Engagement in Asia Guide (November 2022), Client Earth in collaboration with the Asia Investor Group on Climate Change (AIGCC)
  • Co-Author – Lexology Malaysian Chapter, Getting the Deal Through: Real Estate 2023

  • Advocate and Solicitor, High Court of Malaya (2017)
  • Barrister-at-Law (Lincoln’s Inn) (2016)
  • Very Competent, Bar Professional Training Course (BPTC), BPP Law School, UK (2016)
  • Second Class Upper Division, LL.B (Hons), University of Manchester, UK (2015)