by Donovan & Ho | Mar 2, 2016 | Corporate and Commercial, Employment Law
Note: This article was published on 2-Mar-2016. Subsequent to the publication of the article, the new Companies Act 2016 came into force on 31-Jan-2017. Section 129 of the Companies Act 2016 provides for similar obligations for the company to maintain a register of...
by Donovan & Ho | Feb 2, 2016 | Corporate and Commercial, Tax
In considering which business vehicle to use in Malaysia, the feature of a limited liability in a private limited company (Sendirian Berhad or ‘Sdn. Bhd.’) appeals to many. It allows the founder/shareholder to sleep better at night knowing that his personal wealth is...
by Donovan & Ho | Jan 12, 2016 | Corporate and Commercial
Companies may issue different classes of the same type of shares (e.g. ‘A’ ordinary shares and ‘B’ ordinary shares) or different types of shares (e.g. ordinary shares or preference shares). Different rights can be attached to different classes and types of shares for...
by Donovan & Ho | Nov 24, 2015 | Corporate and Commercial
In US startups, ‘vesting’ is defined where the equity interest held by a founder or key employee is no longer subject to (i) forfeiture or (ii) repurchase by the company (where it is a restricted stock), based on an agreed vesting schedule. In other words, a vesting...
by Donovan & Ho | Sep 29, 2015 | Corporate and Commercial, Tax
At the early stages of a start-up founder’s journey, before any significant expenses are incurred, any material contracts are signed, and more importantly, before anyone can take your business seriously, the question of ‘Which business vehicle?’ should come to mind....
by Donovan & Ho | Sep 28, 2015 | Corporate and Commercial
Should a company use information of an individual for the purposes of marketing (e.g. marketing through SMS, email, direct mail and telephone), the company will be processing personal data about an individual in respect of a commercial transaction. In respect of such...
