43 results found

On 17 November 2023, it was announced that OpenAI's board had made the decision to remove Sam Altman as CEO. The board said that Altman "was not consistently candid in his communications" ...

The legal system in Malaysia recognized companies as separate legal personalities from its officers, directors or shareholders.

On 5 October 2022, the UK Supreme Court delivered its long-awaited judgment in BTI 2014 LLC v. Sequana SA and others [2022] UKSC 25 ("Sequana Case") which concerns the question...

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.

Bursa Malaysia Berhad (‘the Exchange') released Consultation Paper No. 3/2021 to seek feedback on the Proposed Amendments to the Main Market Listing Requirements in Relation to the Enhanced Adviser...

This approach follows the amendments made to the LR with regard to the contents of announcements and circulars relating to transactions that came into force on 3 June 2019.

Amendments to Bursa Malaysia Securities Berhad Main Market Listing Requirements in Relation to Sustainability Training for Directors...

As an entrepreneur, you are aware that shares are more than just ownership stakes. Shares are assets that can attract investors, bring in new funds as well as act as incentives for your key employees.

The Federal Court had the opportunity to consider novel questions of law concerning fraudulent trading under S 540, Companies Act 2016...

"Takeover(s)" is a transaction or a series of transactions whereby a person (individual, group of individuals, or company) acquires control over the assets of a company...

The principle of wilful blindness has often been contested in courts. In criminal law, Wilful Blindness or ignorance of law refers to the ‘deliberate avoidance of knowledge of the facts'; that is, a person avoids gaining knowledge ...

The Inland Revenue Board of Malaysia ("IRB") actively conducts tax investigations or "raids" on taxpayers.

The largest state in Malaysia, Sarawak, offers investors and businesses a unique combination of prospects. Often known for its abundant natural resources and expanding infrastructure

This post contains an executive summary of the article, as well as the full text of the article below.

Striking off is one of the processes available under the Companies Act 2016 for the dissolution of a company.

It is trite law that the accounting and related records of a company are open to inspection by directors (Section 167(3) of the Companies Act 1965 and section 245(4) of the Companies Act 2016).

Engine No. 1 LLC is a hedge fund. It was founded by Chris James, a technology investor turned climate activist investor.