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A company is controlled by the majority shareholders under the majority rule principle. This is a fundamental aspect of corporate democracy and corporate governance.

A director has primary responsibility to manage the affairs of the company and has both the fiduciary duties and statutory duties to act in the best interests of the company.

In our previous article, we discussed measures a company should consider taking in response to a data breach.[1] In this article, we will expand the discourse to the potential liabilities a company...

Our Tasha Lim discusses the High Court's decision in Cescon Engineers Sdn Bhd v Pesat Bumi Sdn Bhd and another case [2022] 9 MLJ 79 with respect to adjudicators' powers.

Facts By a Shareholders'Agreement, UEM Group Berhad formerly known as United Engineers (Malaysia) Berhad (UEM) and Genisys Integrated Engineers Pte Ltd (‘the Appellant') agreed...

With the persistent demand for rapid development, the need for foreign workforce in numerous sectors has been growing by day, especially for hard-labour jobs.

Our Partner, Wong Keat Ching and Associate, Wong Yen Ni, from our Employment & Industrial Relations practice group have successfully acted for PETRONAS ("the Company") in an unfair dismissal claim...

The Firm acted for a corporate licensed Moneylender in an appeal against the High Court decision in Summerhay Development Sdn Bhd v Ivory Ascent Sdn Bhd (2020 1 LNS 1491 and 2020 MLJU 1549)...

Substance is used in assessing cross-border tax situations that call into question the level of operational activity and decision-making process that is conducted in a jurisdiction.

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

You have entered into a preliminary agreement with another party for an agreed purchase price to acquire a target company pending execution of a definitive agreement

The new Companies Bill will support entrepreneurship, simplify compliance, reduce the cost of doing business, strengthen and enhance internal control, corporate governance and corporate responsibility.

Following the recent revision of Sales Tax and expansion of the scope of Service Tax which came into effect on 1 July 2025 (the "Effective Date"), the Government has announced a grace period extending until 31 December 2025, to ease the transition for the changes.

The number of company insolvencies in Malaysia has turned substantial of late. When a company is on the brink of insolvency...

The burden is on the buyer to satisfy himself or herself as to the value or quality of the goods, or shares, that he or she is purchasing.

The High Court recently reached a decision in a case involving the breach of fiduciary duties by two former top executives of Bank Kerjasama Rakyat Malaysia Berhad, Tan Sri Abdul Aziz Zainal, the former Chairman, and Datuk Mustafha Abd Razak, the former Managing Director.

Labuan IBFC benefits as the drive towards tax transparency and substance gains momentum