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COVID-19: Impact on Mergers and Acquisitions in Malaysia

Azmi & Associates | November 12, 2020

In October 2019, research and consultancy firm Oxford Economics expected the number of mergers and acquisitions (M&A) transactions in Malaysia to increase up to 221 deals in 2020, from an expected 218 deals in 2019. It was also observed and anticipated that Malaysia may be a beneficiary of the change in supply chains arising from …

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COVID-19: The Effects on the Malaysian Capital Market

Azmi & Associates | November 12, 2020

Introduction: On 16 March 2020, the Prime Minister of Malaysia, had announced the imposition of a fourteen (14) days movement control order (“MCO“) from 18 March to 31 March 2020 nationwide to curb the spread of the COVID-19 infection in Malaysia.1 Subsequently on 25 March 2020, the Prime Minister further announced that the MCO is to …

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Legal Updates on the Solar Energy Industry in Malaysia

Azmi & Associates | November 12, 2020

Introduction  In an effort to pave the way towards a more sustainable and green future, the Government of Malaysia (“Government”) in 2018 announced a target for the country to increase renewable energy in its energy generation mix to twenty percent (20%) by the year 2025. In carrying out this agenda, one of the key renewable …

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COVID-19: Frustration of Contract?

Azmi & Associates | November 11, 2020

The coronavirus disease, COVID-19, has taken the world by storm when the outbreak was first discovered in December 2019. In roughly 4 months, COVID-19 has affected almost all countries and territories in the world including Malaysia which is now under a Restriction of Movement Order (“RMO”) until 14 April 2020, following the recent spike in …

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Court frowns upon suppression of material facts

RNA Technology and IP Attorneys | November 11, 2020

Questsfor personal gains have become so intense that those involved in litigation donot hesitate to take shelter of falsehood and misrepresent and suppress factsin the court proceedings. Materialism, opportunism and malicious intent haveovershadowed the old ethos of litigative values for small gains.

COVID-19 Lockdown: Legal Perspectives for Development Projects

Azmi & Associates | November 11, 2020

At the time of writing, Malaysia is entering the second phase of lockdown due to the widespread pandemic of COVID-19. Embattled Malaysian Prime Minister Tan Sri Muhyiddin Yasin announced the Restricted Movement Order from 18 March 2020 until 14 April 2020 (“COVID-19 Lockdown Order”). It may be further extended too.

Brexit and its Impact on your EU trademarks

GVZH Advocates | November 11, 2020

The United Kingdom’s (‘UK’) decision to leave the EU in July 2016 has left not only a political challenge for diplomats, but also a legislative one, raising doubts and uncertainty regarding the effects of the post-transition period in the legal sphere.

Companies and Branches within the scope of the Foreign Direct Investment Law are Required to Obtain a registered electronic mail (“KEP“) account

Moroglu Arseven | November 11, 2020

Several amendments were introduced on the Implementation Regulation on Direct Foreign Investments Law (the “Regulation”) on 16 October 2020. The companies and branches within the scope of the Law on Direct Foreign Investments (the “Law”) are now required to obtain a registered electronic mail (“KEP“) account. Accordingly, notifications and applications made through Electronic Information System …

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Amendments to the Shareholders’ Meeting Procedures of Joint Stock Companies

Moroglu Arseven | November 11, 2020

Significant changes to shareholders’ meeting procedures and principles on the attendance of a representative of Ministry of Trade have been introduced.

Amendments to the Financial Reporting of Investment Funds

Moroglu Arseven | November 11, 2020

Capital Markets Board of Turkey (“CMB“) has published the Communiqué Amending the Principles Regarding Principles on Financial Reporting on Investment Funds (“Amendment Communiqué“), in the Official Gazette dated 9 October 2020 and entered into force on the same date. Changes introduced by the Amendment Communiqué can be summarized as follows:

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