Custody of Children

Custody of Children

Custody battles of children in a separation or divorce proceeding can get very ugly when both father and mother want sole custody of their child/children. The Law Reform (Marriage and Divorce) Act 1976 (“LRA 1976”) provides that “child” has the meaning of child of the...
Minority Protection of Shareholders

Minority Protection of Shareholders

Power and control in a company ultimately depends on a shareholder’s equity interest in the company and their representation in the board of directors. As such, minority shareholders face a continued risk of being out-voted by the majority shareholders at the...
Increased Tax Retention for Foreign Sellers

Increased Tax Retention for Foreign Sellers

With effect from 1 January 2018, section 21B of the Real Property Gains Tax Act 1976 has been amended in respect of ‘foreign sellers’. A ‘foreign seller’ is an individual who neither (i) a Malaysian citizen nor (ii) a permanent resident of Malaysia. When purchasing...