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Introduction
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MINING IN MALAYSIA
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Contributing editor: Casey Cogut
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Petronas Chemicals Group (PCG) is the largest
petrochemical company in Malaysia and one of the
largest petrochemical producers in Southeast Asia. It has
a history of 25 years in the petrochemical industry and
its pedigree is further enhanced by the fact that it is a
subsidiary of Petroliam Nasional (Petronas), the national
oil company of Malaysia.
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The Personal Data Protection Bill 2009 (“PDP”) has recently received Royal Assent in June
this year. Since the PDP was first mooted, Malaysia has seen a literal explosion in the
number of companies and service providers that have taken to the internet, offering
Malaysians a plethora of goods and services that are no longer confined by the limitations of
time and geography.
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This article highlights in a broad manner the proposed GST in Malaysia and some salient features of GST as seen from the Goods and Services Tax Bill 2009.
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The Malaysian Securities Commission (“SC”) has on 15 December 2010 published its revised takeover code.
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On 5 April 2010 the Dewan Rakyat (the lower house of the Parliment of Malaysia) passed the Strategic Trade Act ("STA") introducing Malaysia's first legislation to restrict trade in weapons of mass destruction ("WMD"). It is anticipated that the provisions of the Act will come into effect in July 2011.
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In September 2006 the Kuala Lumpur High Court ruled that fast-food company McDonald's had an exclusive right to use the prefix 'Mc'. The court ordered McCurry Restaurant to stop using the prefix as part of its trade name and awarded damages and costs to McDonald's. However, on April 29 2009 the Court of Appeal overturned the High Court's decision. The appeal court held that McCurry did not misrepresent itself or confuse the public when carrying out business under the name 'Restoran McCurry'. The court noted the following distinguishing features in how the two parties conducted their business:
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In September 2006 the Kuala Lumpur High Court ruled that fast-food company McDonald's had an exclusive right to use the prefix 'Mc'. The court ordered McCurry Restaurant to stop using the prefix as part of its trade name and awarded damages and costs to McDonald's. However, on April 29 2009 the Court of Appeal overturned the High Court's decision. The appeal court held that McCurry did not misrepresent itself or confuse the public when carrying out business under the name 'Restoran McCurry'. The court noted the following distinguishing features in how the two parties conducted their business: