Corporate Law

Top Story

Government issues Developer Licenses to construction Companies, Prospects Improve

Local businesses are now seeing a light at the end of the tunnel for the property and construction sectors, where demand has been low in recent years.

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Other Headlines

Entrepreneurship Framework to be launched in July

KUALA LUMPUR, Apr 8 (Bernama) - The National Entrepreneurship Framework (NEF), which the Ministry of Entrepreneur Development began developing in late 2018, is expected to be launched by Prime Minister Tun Dr Mahathir Mohamad in July, says SME Corporation Malaysia (SME Corp).
Date: 08 April 2019; Type: Legal News; Source: Bernama

Government does not intend to amend Bankruptcy Act

KUALA LUMPUR, Apr 4 (Bernama) - The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy Act (Amendment) 2017 (Act 1534).
Date: 04 April 2019; Type: Legal News; Source: Bernama

Cheong Chee Hwa v China Star Food Group Ltd (formerly known as Brooke Asia Ltd)

Contract - Breach - Best commercial endeavours; Contract - Contractual terms - Implied terms; Companies - Reverse takeovers; Companies - Shares - Consolidation of shares; Financial and Securities Markets - Regulatory requirements - Listing and public offers - Catalist Rules

Date: 29 March 2019; Court: High Court; Citation: [2019] SGHC 86; Source: Singapore Law Watch

Thio Syn Pyn v Thio Syn Kym Wendy and Others, and Another Appeal

Companies - Oppression - Minority shareholders; Companies - Shares - Valuation - Discount on minority shares

Date: 27 March 2019; Court: Court of Appeal; Citation: [2019] SGCA 19; Source: Singapore Law Watch

SSM Management Sdn Bhd v Aeon Big (M) Sdn Bhd

Date: 12 February 2019; Court: Court of Appeal; Citation: Civil Appeal No. W-02(NCC)(A)-1328-07/2017; Source: Federal Court Registry

Merais Sdn Bhd v Lai King Lung and Another

Date: 13 March 2019; Court: Court of Appeal; Citation: Civil Appeal No. B-02(NCvC)(W)-3-01/2018; Source: Federal Court Registry

Re CNA Group Ltd

Companies - Receiver and manager - Judicial management order - Extension of judicial management order

Date: 19 March 2019; Court: High Court; Citation: [2019] SGHC 78; Source: Singapore Law Watch

Amendments to enterprise, Investment Laws must promote SOE Efficiency

Hanoi, Mar 19 (VNS/VNA) - The amendments to the Law on Enterprise and Law on Investment must include stronger solutions to thoroughly and comprehensively reform State-owned enterprises (SOEs) and enhance their efficiency, according to the Vietnam Association of Financial Investors (VAFI).
Date: 19 March 2019; Type: Legal News; Source: Vietnam News Agency

Pemerintah Kota Lubuklinggau cq Dinas Pekerjaan Umum Kota Lubuklinggau DK v Zulkarnain

Date: 27 September 2018; Court: Supreme Court of Indonesia; Citation: SC No. 1930 K/Pdt /2018; Source: Supreme Court of Indonesia

Companies (Practising Certificate for Secretaries) Regulations 2019

These Regulations come into operation on 15 March 2019.
Date: 14 March 2019; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 76 of 2019; Source: AGC Federal Gazette

Companies (Exemption) (No. 2) Order 2019

This is to notify that Ernst & Young's appointment as a company auditor for the companies listed in the Schedule is exempted from the provisions of the Companies Act 2016, subject to the certain conditions.
Date: 14 March 2019; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 75 of 2019; Source: AGC Federal Gazette

Kiri Industries Ltd v Senda International Capital Ltd and Another

Companies - Shares - Valuation

Date: 12 March 2019; Court: High Court; Citation: [2019] SGHC(I) 2; Source: Singapore Law Watch

Industrial Floor & Systems Pte Ltd v Civil Tech Pte Ltd

Companies - winding up; Civil Procedure - stay of proceedings

Date: 06 March 2019; Court: High Court; Citation: [2019] SGHC 50; Source: Singapore Law Watch

Ng Kian Huan Edmund v Suying Metropolitan Studio Pte Ltd and Others

Companies - Oppression - Minority shareholders; Equity - Remedies - Indemnity

Date: 05 March 2019; Court: High Court; Citation: [2019] SGHC 56; Source: Singapore Law Watch

Entrepreneurship Framework to be launched in July

KUALA LUMPUR, Apr 8 (Bernama) - The National Entrepreneurship Framework (NEF), which the Ministry of Entrepreneur Development began developing in late 2018, is expected to be launched by Prime Minister Tun Dr Mahathir Mo ...

Government does not intend to amend Bankruptcy Act SSM Management Sdn Bhd v Aeon Big (M) Sdn Bhd Merais Sdn Bhd v Lai King Lung and Another more

Corporate Social Responsibility Bill approved

The House of Representatives approved on second reading House Bill 9061, principally authored by former President and now Speaker Gloria Macapagal-Arroyo, which seeks to encourage all business organizations established a ...

Olongapo Court places Hanjin under Corporate Rehab Senate ratifies revised Corporation Code Bill amending Corporation Code hurdles Second Reading at House more

Cheong Chee Hwa v China Star Food Group Ltd (formerly known as Brooke Asia Ltd)

Contract - Breach - Best commercial endeavours; Contract - Contractual terms - Implied terms; Companies - Reverse takeovers; Companies - Shares - Consolidation of shares; Financial and Securities M ...

Thio Syn Pyn v Thio Syn Kym Wendy and Others, and Another Appeal Re CNA Group Ltd Kiri Industries Ltd v Senda International Capital Ltd and Another more

Public Limited Companies Act amended to introduce Business Management with Electronic Tools

BANGKOK, 14 December 2018 (NNT) - The Department of Business Development (DBD) has amended the Public Limited Companies Act to introduce more business management using electronic tools to improve the competitiveness and ...

Industry Ministry to no longer require Factory License Renewals Justice Ministry holds Meeting on Reform of Asian Bankruptcy Laws more

INDUSTRY UPDATES

Palace suspends Government Work for Holy Week Exodus

MANILA, Apr 17 (PNA) - Malacañang suspended work on Wednesday (April 17), 12 noon onwards, to allow government employees to travel to their respective regions in time for the observance of Maundy Thursday (April 18) and Good Friday (April 19).

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INDUSTRY UPDATES

JBC asks Applicant to comment on Gadon Opposition

MANILA, Apr 16 (PNA) - The Judicial and Bar Council (JBC) has asked an applicant for a vacancy in the Court of Tax Appeals (CTA) to comment on an opposition to her appointment filed last month by senatorial candidate and lawyer, Lorenzo "Larry" Gadon.

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INDUSTRY UPDATES

PCC approves Ayala-PHINMA Energy Deal

MANILA, Apr 15 (PNA) - The Philippine Competition Commission (PCC) has approved the acquisition of the majority stake in PHINMA Energy by Ayala Corporation’s power branch, AC Energy.

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INDUSTRY UPDATES

8,254 Workers Re-employed after getting Assistance from ESO

KUALA LUMPUR, Apr 16 (Bernama) - A total of 8,254 unemployed workers have been re-employed after receiving assistance from the employment service officers (ESOs) since the Re-Employment Placement Programme for Employment Insurance System (EIS) commenced in August 2018.

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INDUSTRY UPDATES

Two Indonesians fined RM100,000 for Possessing Illicit Cigarettes

KLANG, Apr 16 (Bernama) - Two Indonesian retail shop workers were fined RM100,000 by the Magistrate Court here today after pleading guilty to possessing 854 packs of illegal cigarettes of various brands valued at RM1,668.56.

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INDUSTRY UPDATES

"Go to the Mosque, get Closer to God," Judge advises Robber

IPOH, Apr 16 (Bernama) - "Go to the mosque, get closer to God, be a good person and stop taking drugs," Sessions Court judge Azman Abu Hassan told a palm oil fruit collector.

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INDUSTRY UPDATES

Fake News Bill: Law Society refutes Online Flak over Alleged Silence

Law Society president Gregory Vijayendran said that the organization will share their views over the draft Protection from Online Falsehoods and Manipulation Act privately with policymakers, and has refuted online flak about its so-called "deafening silence".

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INDUSTRY UPDATES

SC suspends Work in Courts for Holy Week

MANILA, Apr 15 (PNA) - The Supreme Court (SC) on Monday announced its modified work schedule for the Holy Week, starting with a half-day work on Wednesday.

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INDUSTRY UPDATES

Fourth 'Justice Zone' opens in Pampanga

MANILA, Apr 13 (PNA) - The fourth Justice Zone in the country has been formally opened in Angeles, Pampanga by the Justice Sector Coordinating Council (JSCC).

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INDUSTRY UPDATES

Indonesia Industrial Summit to be held on April 15-16

Jakarta, April 13 (ANTARA) - The Industry Ministry will organize the 2019 Indonesia Industrial Summit (IIS) themed "Implementation of Making Indonesia 4.0 Toward Top Ten Global Economies", in ICE BSD, Tangerang, Banten Province, on April 15 and 16.

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INDUSTRY UPDATES

200 Lawyers gather in Kuala Lumpur for TerraLex

KUALA LUMPUR, Apr 13 (Bernama) - A total of 200 lawyers from 50 countries have gathered here for the TerraLex Global Meeting to discuss a wide variety of legal and economic issues impacting Malaysia.

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INDUSTRY UPDATES

Chief Justice pens Touching Farewell to Colleagues

PUTRAJAYA, Apr 13 (Bernama) - "All I ask from you is to protect the judiciary no matter what others may say," said Tan Sri Richard Malanjum in his farewell message to the judges, officers and employees of the judiciary upon his retirement yesterday.

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INDUSTRY UPDATES

Chief Justice Richard Malanjum retires

PUTRAJAYA, Apr 12 (Bernama) - Chief Justice Tan Sri Richard Malanjum retires today after serving 27 years in the judiciary.

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INDUSTRY UPDATES

SC launches New Public-Friendly Website

BAGUIO CITY, Apr 11 (PNA) - Supreme Court Chief Justice Lucas Bersamin on Thursday launched the High Court's new and improved website, which includes a court locator directory for lower courts and an e-library of the tribunal's decisions and resolutions.

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INDUSTRY UPDATES

Appointment of Suhakam Commissioner for Children to be announced this Month

KUALA LUMPUR, Apr 11 (Bernama) - The Legal Affairs Division in the Prime Minister's Department is expected to announce the appointment of a Suhakam (Human Rights Commission of Malaysia) commissioner for the portfolio of children this month.

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INDUSTRY UPDATES

Proposed Amendment to Constitution not done in haste - Liew

KUALA LUMPUR, Apr 10 (Bernama) - Minister in the Prime Minister's Department Datuk Liew Vui Keong today brushed off claims that the proposed amendment to Article 1(2) of the Federal Constitution was done in haste, saying the MPs from Sabah and Sarawak were given ample time to deliberate the matter.

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INDUSTRY UPDATES

Re-tabling of Amendment Bill depends on Needs - Dr Mahathir

KUALA LUMPUR, Apr 10 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad said re-tabling of the bill to amend the Federal Constitution to give Sabah and Sarawak equal status with Peninsular Malaysia, which failed to get two-thirds majority support in the Dewan Rakyat yesterday, would depend on needs.

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INDUSTRY UPDATES

Hearing of Najib's Appeal to disqualify Gopal Sri Ram as Prosecutor Rescheduled to April 23

PUTRAJAYA, Apr 10 (Bernama) - The Court of Appeal has rescheduled to April 23 to hear Datuk Seri Najib Tun Razak's appeal against a High Court's dismissal of his application to disqualify former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution team in his 1Malaysia Development Bhd (1MDB) cases.

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