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Legal Update: Key Changes in the Labuan Foundation (Amendment) Bill 2024

Legal Update: Key Changes in the Labuan Foundation (Amendment) Bill 2024

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...
Merges & Acquisitions In Malaysia – Purchases of Business Assets May Attract Up To 4% Ad Valorem Stamp Duty

Merges & Acquisitions In Malaysia – Purchases of Business Assets May Attract Up To 4% Ad Valorem Stamp Duty

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...
‘Stuck In A Meeting’? The Sticky Issue Of Quorum At Company Meetings

‘Stuck In A Meeting’? The Sticky Issue Of Quorum At Company Meetings

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...
Removal Of Directors In A Private Company And Pitfalls To Avoid

Removal Of Directors In A Private Company And Pitfalls To Avoid

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...
Key Amendments – Trade Unions (Amendment) Bill 2023

Key Amendments – Trade Unions (Amendment) Bill 2023

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...
A Guide To Joint Ventures In Malaysia – Unlocking The Strategic Power Of Business Partnerships

A Guide To Joint Ventures In Malaysia – Unlocking The Strategic Power Of Business Partnerships

by DNH (BD) | May 13, 2024 | Corporate and Commercial

In the dynamic landscape of business partnerships and collaborations, joint ventures are a powerful catalyst for innovation, synergistic growth and business success. Joint ventures involve companies pooling resources and expertise to pursue common goals, fostering...
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