Employees’ Rights Upon Winding-up of Company
Introduction Article 5(1)[1] of the Federal Constitution on Liberty of the Person provides as follows: ‘(1) No person shall be deprived of his life or personal liberty save in accordance with law.’
Digital Securities Offerings in Malaysia (Part 2)
Malaysia Lawyer’s Perspective on Digital Assets1 Offering The following Q&A is between Ian Fong, Director of Marketing & PR, Propine Technologies Pte. Ltd. and our Serina Abdul Samad, Partner and Head of Capital & Debt Market practice group, Azmi & Associates, in Q1 2020 and is the second of our two-part series on the topic of …
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Digital Securities Offerings in Malaysia (Part 1)
The following article is the first of our two-part series on the topic of Digital Securities Offerings in Malaysia.
COVID-19 Real Estate Legal Updates: The Malaysian Government Introduces Special Measures to Revitali
The COVID-19 pandemic has dramatic consequences for the Malaysian economy and financial markets, and the real estate market is no exception with mounting pressure on the supply and demand. On 07 June 2020, Prime Minister Tan Sri Muhyiddin Yassin announced that the Conditional Movement Control Order (CMCO) will be replaced with the Recovery Movement Control …
Taxing Bossku: The Legal Issues Arising from Dato’ Seri Najib Razak’s Tax Case
Introduction 1.1 While the verdict of Dato’ Seri Najib Razak’s (“DSNR”) criminal trial on various charges relating to SRC International was handed down in the last week of July 2020, tax professionals are looking at the tax recovery action against the former Malaysian Premier.
The Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) Act 2020
PART 1: INTRODUCTION In addressing the impact and aftermath of the COVID-19 pandemic in Malaysia, the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) Bill 2020 (“the COVID-19 Bill”) was tabled for its first reading on the 12th August 2020 and was passed by the Dewan Rakyat (House of Representatives) of Malaysia …
Section 17A of the Malaysian Anti-Corruption Commission Act 2009
PART 1: INTRODUCTION The Malaysian Anti-Corruption Commission Act 2009 (“MACC Act”) has been amended to introduce corporate liability provision for bribery and corruption under section 17A of the MACC Act, which came into effect on 1st June 2020. Prior to the introduction of section 17A, the MACC Act had only primarily focused on the prosecution …
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COVID-19: Virtual General Meeting for Listed Companies
Virtual general meetings are gaining wider acceptance in many parts of the world in light of the COVID-19 pandemic where more listed companies have begun conducting meetings virtually.
Legal Aspects of E-Commerce in Malaysia
Introduction Online trade transaction, or in its current and commonly-used term, e-commerce, broadly refers to commercial activity conducted with the aid of electronic devices. E-commerce generally refers to electronic business transactions or trades which are wholly or partially conducted over the internet.1 As e-commerce grows and becomes a more viable and, to a certain extent, safer …
Section 33 and You: A Guide to Income Tax Deductions
Introduction Malaysia’s tax season is back with businesses preparing to file their income tax returns. As such, there’s no better time for a refresher course on how to lower your chargeable income. Generally, you are only taxed for the profit that you or your business earns.