JD Supra Malaysia

Publisher:: JD Supra
Publication date:: 2019-04-29

Publisher

JD Supra (32)

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Dentons (4)
MERITAS - Law Firms Worldwide (4)
Littler (4)
Morrison & Foerster LLP (3)
Hogan Lovells (2)
Society of Corporate Compliance and Ethics (SCCE) (2)
International Lawyers Network (2)
White & Case LLP (1)
K&L Gates LLP (1)
Cozen O'Connor (1)
Latham & Watkins LLP (1)
Jones Day (1)
World Law Group (1)
Fisher Phillips (1)
Eversheds Sutherland (US) LLP (1)
Morgan Lewis (1)

Latest documents

In Transition: Malaysia after the 15th General Elections
Four months on, the dust from Malaysia’s 15th general elections has settled but many questions have yet to be answered. In the first of our SEAscape series, we take a look at the evolving socio-political landscape in Malaysia, where Anwar Ibrahim is finally Prime Minister after a 25-year-long wait. Please see full Publication below for more information.
Establishing A Business Entity In Malaysia (Updated)
Methods of conducting business in Malaysia - In Malaysia, business may be conducted in the following manner: - (a) by an individual operating as a sole proprietor; or (b) by two or more (but not more than 20) persons in partnership; or (c) by a limited liability partnership (LLP); or (d) by a locally incorporated company or by a foreign company registered under the Companies Act, 2016 (“Act”). A company is a legal entity separate from its members or shareholders. The shareholders cannot be held liable for the debts of a company unless they personally guarantee the debts or loans of the company. According to the Act, a company must be registered with the Companies Commission of Malaysia (“CCM”) to engage in any business activity. Please see full Chapter below for more information.
New and improved? Corporate liability for corruption in Malaysia
SEA View, Article XV: May 2021 - Section 17A of the Malaysian Anti-Corruption Commission Act raises the possibility of corporate liability for corruption in addition to personal liability for board and senior management members involved. The provision, which came into force mid-last year (2020), was invoked for the first time in March 2021. This article sets out implications for international businesses operating in Malaysia. Please see full Publication below for more information.
Establishing A Business Entity In Malaysia (Updated)
Methods of conducting business in Malaysia - In Malaysia, business may be conducted in the following manner: - (a) by an individual operating as a sole proprietor; or (b) by two or more (but not more than 20) persons in partnership; or (c) by a limited liability partnership (LLP); or (d) by a locally incorporated company or by a foreign company registered under the Companies Act, 2016 (“Act”). A company is a legal entity separate from its members or shareholders. The shareholders cannot be held liable for the debts of a company unless they personally guarantee the debts or loans of the company. According to the Act, a company must be registered with the Companies Commission of Malaysia (“CCM”) to engage in any business activity. Please see full Chapter below for more information.
Optimising and maximising exit valuations through Seller's due diligence
Prior to permitting access to a potential Buyer to perform an investigative due diligence review, a Seller who desires to optimise the outcome of the sale would be wise to perform a pre-emptory self-due diligence first. There are a few key reasons how this could be pivotal leading to either an outcome of a sale of enhanced premium to the Seller – or in the alternative, the Buyer abandoning the sale. In this article, we analyse the importance of carrying a Seller’s due diligence.
Malaysia: Q&A - Employer COVID-19 Vaccination Policies
World Law Group asked its member firms around the globe to provide some insight on employer and employee rights when it comes to requiring the COVID-19 vaccine to return to work.
Charity in times of COVID-19: A guide to more impactful giving
In these unprecedented times, as we all band together to #kitajagakita, it has been heartening to see the willingness of Malaysians to come together to feed the underserved, support local enterprises and generously donate to charities.
Goldman Sachs settles investigation into 1MDB scandal with USD 2.8 billion payment
Report on Supply Chain Compliance 3, no. 21 (October 29, 2020) - Goldman Sachs has agreed to pay a penalty of USD 2.2 billion for its role in the robbing of 1Malaysia Development Berhad (1MDB), a Malaysian development fund meant to improve infrastructure and living standards for millions of Malaysians. The bank’s Asian offices, run by the chief executive David Solomon, helped sell billions in bonds for the fund. The bank also assisted in money laundering and bribed officials, including the former first lady of Malaysia. Some of Goldman Sachs employees also profited from the illicit deals and have been since charged in U.S. courts.
Message from the Managing Partner - Embracing the “New Dynamic”
The COVID-19 pandemic and the resultant lockdown, restricted movement orders, social distancing rules and the switch to working from home adopted by many organisations in Malaysia as well as the rest of the world has caused many to rethink the way we do business. While there are some who yearn for the “old normal” or talk about the “new normal” – whatever those terms really mean – the reality is that the way we conduct our business has changed dramatically. Literally almost overnight. In other words, the pandemic has forced not a mere evolution, but a revolution, in the way the business world operates.
Littler Global Guide - Malaysia - Q4 2019
Additional Categories under the Self-Employment Social Security Fund - New Order or Decree - The First Schedule to the Self-Employment Social Security Act 2017 will be amended effective January 1, 2020, to include another 18 categories of self-employed persons who are required to make mandatory contributions to the Self-Employment Social Security Fund.