ArticleThe Johor-Singapore Special Economic Zone: Key PointsOn 7 January 2025, the Governments of Singapore and Malaysia signed a formal agreement in respect of the Johor-Singapore Special Economic Zone ("JS-SEZ") with the objective to compete for global investments together.MalaysiaCorporate/Commercial LawHsian & Co.
ArticleMalaysia Announces Action Plan To Hold Listed Companies Accountable For Implementing Anti-Corruption FrameworkThe Securities Commission Malaysia announced, in late July 2019, that it will be implementing an anti-corruption action plan (the Action Plan). MalaysiaCriminal LawReed Smith (Worldwide)
ArticleLegal Updates - September 2022The Grant, which was originally made applicable to sukuk issued under the SC's SRI Sukuk Framework and bonds issued under the ASEAN Green, Social and Sustainability Bond Standards...MalaysiaFinance and BankingShearn Delamore & Co.
ArticleWhat To Do If A Bank Decides To Terminate Its Relationship With Customers And Remedies Available ForThere are circumstances where a bank may use its discretion to terminate contractual relationship with the customer and close the customer's account without disclosing any reasons for such termination.MalaysiaFinance and BankingKevin Wu & Associates
ArticleAnti-Money Laundering Compliance – 5 Things Reporting Institutions Need To KnowSince the introduction of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 ("AMLATFPUAA"), the Government has taken a phased approach...MalaysiaGovernment, Public SectorRajah & Tann
ArticleHuman Rights Due Diligence And Malaysia's Current State Of Play"Do we have to do something more? Doesn't ESG also cover human rights? Why are you confusing us?" At training sessions, I am frequently asked whether ESG (environmental, social and governance)...MalaysiaGovernment, Public SectorAmerBON
ArticleRepresentative Action Against Professional Trustee Company Struck OutOn 22nd December 2022, the High Court struck out a class action suit seeking more than RM300 million against our client, a professional trustee company. Our Christopher Foo and Harish Nair acted for the client.MalaysiaCorporate/Commercial LawJuen, Jeat, Nic & Nair
ArticleLeave Of Court Required For Post-winding-up Matters Involving Value Of Less Than RM250,000.00In CNLT (Far East) Berhad (In Liquidation) v Maybank Investment Bank Berhad & Anor, the Court of Appeal struck out a Notice of Appeal filed by the Liquidators of CNLT (Far East) Berhad on the ground that no prior leave of Court ...MalaysiaLitigation, Mediation & ArbitrationLee Hishammuddin Allen & Gledhill
ArticleMalaysia's High Court Rules That Third Parties Are Not Prohibited From Disclosing Confidential Documents Produced In Arbitration ProceedingsIn Dato' Seri Timor Shah Rafiq v Nautilus Tug & Towage Sdn Bhd [2019] MLJU 405, the High Court considered for the first time the new section 41A of Malaysia's Arbitration Act 2005 MalaysiaLitigation, Mediation & ArbitrationHerbert Smith Freehills Kramer LLP
ArticleUnlocking Opportunities: The Johor-Singapore Special Economic ZoneIn a move to foster stronger economic relations, combat global business slowdown and improve bilateral connectivity, Malaysia and Singapore...GlobalStrategyLaw Partnership
ArticleFocusing On BHR-ESG Includes Advancing Corporate AccountabilityWe know that the private sector and businesses today hold great power. Unfortunately, global progress towards achieving the United Nations Sustainable Development Goals...MalaysiaCorporate/Commercial LawAmerBON
ArticleLegal Aspects On Conducting Due Diligence Over A Listed CompanyThe conduct of the due diligence for acquisition or take-over of listed companies is confined to the public information and records of the target company as filed/lodged/submitted...MalaysiaCorporate/Commercial LawAzmi & Associates
ArticleLegal Updates August 2023On 21 July 2023, the Inland Board of Revenue Malaysia ("IRBM") issued a Guideline addressing the basic concepts and implementation of the e-Invoice in Malaysia ("Guideline")...MalaysiaCorporate/Commercial LawShearn Delamore & Co.
ArticleWho Should Win The Appointment – The Tale Of Competing Private LiquidatorsFaced with competing applications to appoint private liquidators, the court in the case of MCC Overseas (M) Sdn Bhd v TY Land & Development Sdn Bhd (Sabah Development Bank Bhd, applicant) and another case [2020] MLJU 2522 ...MalaysiaCorporate/Commercial LawSKRINE
ArticleSubstance Over Form: An Analysis Of The Federal Court Decision In Maple Amalgamated Sdn Bhd & Anor v Bank Pertanian Malaysia BerhadModern Islamic finance has seen a significant increase in utilisation since its inception in the 1960s, and its continuing development demands that the legal framework within which Islamic finance...MalaysiaFinance and BankingAzmi & Associates
ArticleLeave To Commence Bankruptcy Proceedings Against Guarantor: How Exhaustive Is Exhaustive?In Re:Malaya Sibuku; Ex P: Kaya Karisma Sdn Bhd [2021] 5 CLJ 403, various submissions were advanced by a judgment debtor in an appeal against the Senior Assistant Registrar's decision in granting leave to the judgment creditor ...MalaysiaInsolvency/Bankruptcy/Re-StructuringSKRINE
ArticleCourt Of Appeal Affirms That Industrial Court Has No Jurisdiction To Order Notice PayIn 2016, the Company, facing serious financial difficulties, was forced to retrench the Appellants from service with the Company ("the retrenchment exercise"). At the time...MalaysiaCorporate/Commercial LawZul Rafique & Partners
ArticleAvoiding Cartel Under Malaysian Competition Law: Tips For CompaniesThe Malaysia Competition Commission ("MyCC") has recently imposed financial penalties for RM1.04 million against 7 warehouse operators ("Parties") for engaging in a price-fixing cartel.MalaysiaAntitrust/Competition LawAzmi & Associates