43 results found

In the recent High Court decision of Tengku Dato' Ibrahim Petra bin Tengku Indra Petra v Petra Perdana Berhad [2020] 8 CLJ 109, the High Court had the opportunity to interpret subsections (3) and (4) of Section 289 ...

For the purpose of promoting good corporate governance, the Securities Commission releases updates on the Malaysian Code of Corporate Governance once every few years.

As the reporting deadline of 31 July 2019 approaches, directors of Malaysian companies need to be aware of their personal liabilities should their corporate tax submissions be late or inaccurate.

As COP26 ends in Glasgow, there could be growing pressure on companies to review their objects and for joint ventures to review their goals.

A director owes fiduciary duties to a company to prevent the assets of the company from being depleted illicitly, especially when the company is insolvent.

The constitution (formerly known as articles of association) of companies in Malaysia generally contains an indemnity provision in favour of directors, indemnifying them against liabilities...

A company releases emissions into the air or builds a factory that pollutes a nearby river. The company is prosecuted in the criminal courts.

Consultation Paper No. 1/2021 on the Proposed Amendments to the Main Market and ACE Market Listing Requirements in relation to Director's Appointment and Independence.

Under the laws of most jurisdictions, directors of a company are duty-bound to act in the best interest of the company. Traditionally, fulfilling this duty meant that directors would need to have regard...

In the world of mergers and acquisitions ("M&A"), where sensitive information can make or break a deal, confidentiality is key. Clean Team Agreements...

The director owes a fiduciary duty and duty of care toward the company and the shareholders. Under the duty of care, the director is required to act in the best interest of the ...

Previously, stamp duty compliance was a reactive exercise. It involved presenting a document for assessment and paying the duty determined by the authorities. Under the self-assessment regime, businesses must now be proactive, identify dutiable instruments, ascertain the applicable duty, and make payment without being prompted.

On 1 December 2020, the Nasdaq Stock Market LLC ("Nasdaq") proposed new listing requirements to the Securities and Exchange Commission ("SEC") which are aimed at advancing diversity...

Since the last revision in 2017, the Malaysian Code on Corporate Governance has been recently updated on 28 April 2021 ("MCCG 2021").

The Rules set out the operative provisions applicable for various aspects of takeovers and mergers.

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.

PN17 stands for Practice Note 17/2005 ("PN17") and it is a practice note that is issued by Bursa Malaysia in relation to listed issuers that are in financial distress.