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While All Illegal Agreements Are Void, Not All Void Agreements Are Illegal

While All Illegal Agreements Are Void, Not All Void Agreements Are Illegal

by DNH (BD) | Jan 22, 2026 | Corporate and Commercial

The Court of Appeal in Golden Wheel Credit Sdn Bhd v Dato Siah Teong Din [2025] MLJU 2245 recently considered whether a moneylending agreement that failed to comply with the Moneylenders Act 1951 (“MLA”) was merely void or also illegal. The decision clarifies whether...
2025 Agreement on Reciprocal Trade between Malaysia and the United States of America

2025 Agreement on Reciprocal Trade between Malaysia and the United States of America

by DNH (BD) | Jan 14, 2026 | Corporate and Commercial

President of the United States of America Donald J. Trump undertook an official visit to Malaysia on 26 and 27 October 2025, at the invitation of Malaysian Prime Minister Dato’ Seri Anwar Ibrahim.   The leaders discussed efforts to strengthen cooperation in the areas...
Startup Fundraising: The Dilution Abyss — Layering Multiple Convertible Instruments Without a Cohesive Strategy

Startup Fundraising: The Dilution Abyss — Layering Multiple Convertible Instruments Without a Cohesive Strategy

by DNH (BD) | Jan 7, 2026 | Corporate and Commercial

In the early rush to raise capital, many startups issue a series of convertible securities including SAFEs, KISSs, convertible notes, side letters, discount agreements and valuation caps, often across different rounds, timings, terms, and involve different investor...
Special Penalty Waiver for Stamping of Phase 1 Instruments in 2026

Special Penalty Waiver for Stamping of Phase 1 Instruments in 2026

by DNH (BD) | Dec 31, 2025 | Corporate and Commercial

Following the rollout of Phase 1 of the Stamp Duty Self-Assessment System (“STSDS”), duty payers are obliged to submit stamp duty returns and conduct self-assessments of the stamp duty payable for instruments or agreements relating to rentals or leases, general...
Nike Global Trading BV, Singapore Branch v Pemungut Duti Setem, Malaysia [2025] MLJU 2768

Nike Global Trading BV, Singapore Branch v Pemungut Duti Setem, Malaysia [2025] MLJU 2768

by DNH (BD) | Nov 28, 2025 | Corporate and Commercial

Introduction The Court of Appeal in Nike Global Trading BV, Singapore Branch v Pemungut Duti Setem, Malaysia [2025] MLJU 2768 delivered a landmark decision that provides much-needed clarity on the application of stamp duty to novation agreements. The judgment...
Significant Impact for Stamp Duty on Loan Agreements [Court of Appeal Decision in Pemungut Duti Setem v Ann Joo Integrated Steel]

Significant Impact for Stamp Duty on Loan Agreements [Court of Appeal Decision in Pemungut Duti Setem v Ann Joo Integrated Steel]

by DNH (BD) | Nov 26, 2025 | Corporate and Commercial

The Court of Appeal of Malaysia in Pemungut Duti Setem v Ann Joo Integrated Steel Sdn Bhd [2025] 1 MLJ 141 delivered a landmark judgment considering (i) whether a loan instrument qualifies as an instrument under Item 22(1)(b) of the First Schedule of the Stamp Act...
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