Armughan Ashfaq

Armughan is a senior associate in AMJ’s Corporate/Commercial department and has over 10 years’ experience advising clients on capital market and general corporate and commercial transactions in Pakistan and Oman. He is a qualified barrister from England and Wales and regularly advises corporate entities in connection with their initial public offering, cross-border acquisitions and disposals, investment, joint venture and restructuring. 

• Advised Ubhar Capital SAOC on the acquisition of 100% of the share capital of Gulf Baader Capital Markets SAOC from Gulf Investment Holding Co. SAOG.
• Advised Gulf Energy Development Public Company Limited and Centralised Utilities Company L.L.C (Marafiq) on the share swap transaction in Duqm Power Company and Marafiq
• Acted as Omani counsel in relation to the reorganisation of Kuwait Food Company (Americana) KSCC (KFC)’s Omani corporate holding structure through working out a series of share transfers and relocating the Omani business under a new holding company.
• Acted as Omani counsel on the acquisition of AXA’s Gulf operations in Oman.
• Advised ACWA Power, Mitsui and Dhofar International Energy Services LLC on its IPO and listing on the Muscat Securities Market.

• Capital markets: Debt
• Capital markets: Equity
• M&A
• Private equity
• Restructuring and insolvency

• Energy
• Government and public policy
• Insurance
• Investment management
• Oil and gas

• Member Punjab Bar Council
• Member Lahore High Court Bar Association
• Member Honourable Society of Lincoln’s Inn

• LLM in legal professional skills, The City University, London.
• Bar Vocational Course, Inns of Court School of Law, Lincoln’s Inn, London.
• LL.B (Hons): University of London International Programme, United Kingdom.
• LL.B., Punjab University, Pakistan
• M.A. Political Science, Punjab University, Pakistan