by DNH (BD) | Sep 23, 2024 | Corporate Newsletter
The Federal Court of Malaysia recently delivered a landmark judgment, resolving key issues related to pre-emptive rights and shareholders’ approval, significantly impacting the corporate governance landscape in Malaysia. This ruling, arising from Concrete Parade...
by DNH (BD) | Sep 20, 2024 | Corporate Newsletter
Key Summary The Companies (Amendment) Act 2024 introduces significant changes to the Companies Act 2016, particularly in establishing a disclosure and reporting framework for beneficial ownership in companies. The term “beneficial owner” has been expanded to include...
by DNH (BD) | Aug 30, 2024 | Dispute Resolution
“This concept (of half-truth) would create legal absurdities as the appellant was found liable for defamation based on the statement she did not make” argued counsel in a recent case before the Federal Court of Malaysia. Despite this contention, the Court rules in...
by DNH (BD) | Aug 28, 2024 | Corporate Newsletter
The Inland Revenue Board (“IRB”) has issued a new guideline that provides clarity on the tax treatment of various financial instruments (“Guideline”). The Guideline begins by outlining the general characteristics of equity and debt instruments, emphasizing the...
by DNH (BD) | Aug 15, 2024 | Corporate Newsletter
Effective from 1 June 2024, significant amendments to the Occupational Safety and Health Act 1994 (“OSHA”) and the repeal of the Factories and Machinery Act 1967 (“FMA”) will introduce substantial changes affecting workplaces across Malaysia. Key Amendments and...