by Donovan & Ho | Mar 31, 2016 | Corporate and Commercial, Employment Law, Tax
In Part 1, we explored some FAQs about the basic mechanics and workings of an Employee Stock Option Scheme (“ESOS”). In Part 2, we address the basic tax implications on both the company and employee of an ESOS. As attractive and effective using ESOS may be,...
by Donovan & Ho | Mar 21, 2016 | Employment Law
Article 8 of the Malaysian Federal Constitution was amended in 2001 to include gender as one of the characteristics protected from discrimination. Apart from the amendment, there are no gender specific legislations on discrimination – a need which has become...
by Donovan & Ho | Mar 14, 2016 | Employment Law
Can disciplinary action be taken against an employee who does something inappropriate outside office hours and outside of the company premises? The law entails that employers can hold an employee accountable for his conduct if they can successfully establish a...
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 15, 2016 | Employment Law
During Chinese New Year, it is customary to give and receive “ang pow” or “hong bao” (monetary gifts in red envelopes to signify good luck). Our previous article addressed the issue of whether an employee has a right to expect an “ang pow” from their employer due to...
by Donovan & Ho | Feb 10, 2016 | Employment Law
Agnes Ann was a secretary at one of the top advertising agencies in Kuala Lumpur. One day in late February, she walked out of her job. The grounds for Agnes’ grievance with her company was that she did not receive any increment, bonus or “ang pow” for two years....