by DNH (BD) | May 28, 2025 | Corporate and Commercial
This update is most relevant to Micro, Small, and Medium Enterprises (MSMEs) in Malaysia. It provides an overview of the new qualifying criteria for audit exemption for private companies (Sdn. Bhd.) effective for financial periods beginning on or after January 1,...
by DNH (BD) | May 19, 2025 | Corporate and Commercial
This article is most relevant to Labuan foundations, founders, beneficiaries, officers, and secretaries of any Labuan foundations involved in the governance and compliance of Labuan foundations. Introduction to the Labuan Foundation (Amendment) Bill 2024 In December...
by DNH (BD) | Apr 9, 2025 | Corporate and Commercial
The Federal Court of Malaysia in Havi Logistics (M) Sdn Bhd v. Pemungut Duti Setem [2025] 3 MLRA recently delivered a landmark judgment considering whether fixed or ad valorem stamp duty is payable under the Stamp Act 1949 (“Act”) on an Asset Purchase Agreement...
by DNH (BD) | Jan 27, 2025 | Corporate and Commercial
“Quorum” is the minimum number of members (or their representatives) required for company meetings such as board meetings or shareholder meetings to be carried out. In order for the meeting to be valid and legally binding, quorum needs to be properly tallied and met...
by DNH (BD) | Nov 25, 2024 | Corporate and Commercial
What does the Companies Act 2016 provide regarding the removal of a director? For companies in Malaysia, the removal of a director is governed by the Companies Act 2016. In particular, Section 206(1) reads: “A director may be removed before the expiration of the...
by DNH (BD) | May 21, 2024 | Corporate and Commercial
The Trade Unions (Amendment) Bill 2022 (“2022 Bill”) was first passed at the Dewan Rakyat on 5 October 2022. However, the 2022 Bill was never passed in Dewan Negara because of the dissolution of Parliament on 10 October 2022. The 2022 Bill was then further refined...
