Corporate Law

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Amendments to enterprise, Investment Laws must promote SOE Efficiency

Hanoi, Mar 19 (VNS/VNA) - The amendments to the Law on Enterprise and Law on Investment must include stronger solutions to thoroughly and comprehensively reform State-owned enterprises (SOEs) and enhance their efficiency, according to the Vietnam Association of Financial Investors (VAFI).

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Companies (Exemption) (No. 2) Order 2019

This is to notify that Ernst & Young's appointment as a company auditor for the companies listed in the Schedule is exempted from the provisions of the Companies Act 2016, subject to the certain conditions.
Date: 14 March 2019; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 75 of 2019; Source: AGC Federal Gazette

Industrial Floor & Systems Pte Ltd v Civil Tech Pte Ltd

Companies - winding up; Civil Procedure - stay of proceedings

Date: 06 March 2019; Court: High Court; Citation: [2019] SGHC 50; Source: Singapore Law Watch

Ng Kian Huan Edmund v Suying Metropolitan Studio Pte Ltd and Others

Companies - Oppression - Minority shareholders; Equity - Remedies - Indemnity

Date: 05 March 2019; Court: High Court; Citation: [2019] SGHC 56; Source: Singapore Law Watch

Re: Zetta Jet Pte Ltd and Others (Asia Aviation Holdings Pte Ltd, intervener)

Insolvency Law - Cross-border insolvency - Recognition of foreign insolvency proceedings

Date: 04 March 2019; Court: High Court; Citation: [2019] SGHC 53; Source: Singapore Law Watch

Abhilash s/o Kunchian Krishnan v Yeo Hock Huat and Another

Companies - Oppression - Minority shareholders

Date: 26 February 2019; Court: Court of Appeal; Citation: [2019] SGCA 14; Source: Singapore Law Watch

Ozak Seiko Co Ltd v Ozak Seiko (S) Pte Ltd and Another, and Other Matters

Companies - Members - Derivative action; Companies - Memorandum and articles of association

Date: 30 January 2019; Court: High Court; Citation: [2019] SGHC 34; Source: Singapore Law Watch

Companies (Exemption) Order 2019

This is to notify that the Minister exempts PricewaterhouseCoopers PLT from the application of the Companies Act 2016, subject to certain conditions.
Date: 22 February 2019; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 48 of 2019; Source: AGC Federal Gazette

Co-operative Societies (Assumption of Control) (Appointment) Order 2019

This Order is to appoint Basuini bin Ali to assume control of the day to day affairs of the Koperasi Automobil Kuching Sarawak Berhad with effect from 14 September 2018 to 13 September 2020.
Date: 22 February 2019; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 50 of 2019; Source: AGC Federal Gazette

CIMB Islamic Bank Berhad v Wellcom Communications (NS) Sdn Bhd and Another

Date: 13 February 2019; Court: Court of Appeal; Citation: [2018] MYCA 489; Source: Federal Court Registry

Corporate Social Responsibility Bill approved

The House of Representatives approved on second reading House Bill 9061, principally authored by former President and now Speaker Gloria Macapagal-Arroyo, which seeks to encourage all business organizations established and operating under Philippine laws, whether domestic or foreign, to observe corporate social responsibility in the operation of th ...
Date: 10 February 2019; Type: Legal News; Source: House of Representatives

Tuan Mat Bin Tuan Ismail v Tan Ah Hin and 4 Others

Date: 07 February 2019; Court: Court of Appeal; Citation: [2018] MYCA 482; Source: Federal Court Registry

SCK Serijadi Sdn Bhd v Artison Interior Pte Ltd

Insolvency Law - Winding Up - Stay of Proceedings

Date: 15 January 2019; Court: Court of Appeal; Citation: [2019] SGCA 5; Source: Singapore Law Watch

Shencourt Sdn Bhd v Shencourt Properties Sdn Bhd

Date: 18 January 2019; Court: Court of Appeal; Citation: [2018] MYCA 460; Source: Federal Court Registry

Olongapo Court places Hanjin under Corporate Rehab

MANILA, Jan 16 (PNA) - An Olongapo court has formally declared cash-strapped shipbuilder, Hanjin Heavy Industries and Construction Philippines Inc. (HHIC Phil.), under corporate rehabilitation.
Date: 16 January 2019; Type: Legal News; Source: Philippine News Agency

Companies (Exemption) (No. 2) Order 2019

This is to notify that Ernst & Young's appointment as a company auditor for the companies listed in the Schedule is exempted from the provisions of the Companies Act 2016, subject to the cert ...

Companies (Exemption) Order 2019 Co-operative Societies (Assumption of Control) (Appointment) Order 2019 CIMB Islamic Bank Berhad v Wellcom Communications (NS) Sdn Bhd and Another more

Company Admin Obligations to be simplified under the Law

When the Myanmar Companies Law is enforced come August 1, firms will no longer need to submit physical copies of original documents to the authorities as a digital online system will be used going forward,” said U ...

All Companies need to re-register starting from August 1 Listing Interest lackluster despite upcoming Law Draft Regulations of Companies Law released, go into effect in August more

Corporate Social Responsibility Bill approved

The House of Representatives approved on second reading House Bill 9061, principally authored by former President and now Speaker Gloria Macapagal-Arroyo, which seeks to encourage all business organizations established a ...

Olongapo Court places Hanjin under Corporate Rehab Senate ratifies revised Corporation Code Bill amending Corporation Code hurdles Second Reading at House more

Public Limited Companies Act amended to introduce Business Management with Electronic Tools

BANGKOK, 14 December 2018 (NNT) - The Department of Business Development (DBD) has amended the Public Limited Companies Act to introduce more business management using electronic tools to improve the competitiveness and ...

Industry Ministry to no longer require Factory License Renewals Justice Ministry holds Meeting on Reform of Asian Bankruptcy Laws more

INDUSTRY UPDATES

MAS scores, sets Benchmark for Others

The Monetary Authority of Singapore's (MAS) enforcement report has revealed how it polices the financial markets under its charge, and is a welcome indicator of the greater openness the market has long sought, as the report mainly focused on market abuse, financial services misconduct, and money laundering-related control breaches.

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INDUSTRY UPDATES

PRRD terminates Appointment of GRP Panel Members

MANILA, Mar 20 (PNA) - Malacañang on Wednesday confirmed the termination of the appointments of government peace negotiators with communist rebels "in view of the termination of the peace negotiations" with the Communist Party of the Philippines-New People's Army-National Democratic Front (CPP-NPA-NDF).

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INDUSTRY UPDATES

Malanjum keeping Mum about his Successor

KUALA LUMPUR, Mar 20 (Bernama) - Chief Justice Tan Sri Richard Malanjum, who is due for compulsory retirement in April only smiled broadly and chose to remain secretive when asked about his successor.

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INDUSTRY UPDATES

MP Noh Omar expelled from Dewan Rakyat for Three Days

KUALA LUMPUR, Mar 19 (Bernama) - Tanjung Karang MP Tan Sri Noh Omar has been expelled from the Dewan Rakyat for three days from today.

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INDUSTRY UPDATES

ICC Prosecutors to be deported if they Probe Drug War

MANILA, Mar 18 (PNA) - Prosecutors of the International Criminal Court (ICC), who will enter the Philippines to investigate the Duterte administration’s war on drugs, may be deported, Malacañang said on Monday.

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INDUSTRY UPDATES

Selangor wants tougher Environmental Laws

SHAH ALAM, Mar 17 (Bernama) - The Selangor government wants to enforce more stringent laws to address issues related to environmental pollution in the state, said Menteri Besar Amirudin Shari.

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INDUSTRY UPDATES

Rosmah's Graft Case transferred to High Court

KUALA LUMPUR, Mar 15 (Bernama) - The High Court here today allowed the prosecution's application to transfer from the Sessions Court to the High Court the case involving two graft charges filed against Datin Seri Rosmah Mansor, who is the wife of former Prime Minister Datuk Seri Najib Tun Razak.

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INDUSTRY UPDATES

IBP condemns Slay of another Lawyer in DavNor

MANILA, Mar 14 (PNA) - The Integrated Bar of the Philippines (IBP) on Thursday urged authorities to take action on the latest killing of a lawyer, Rex Jasper Lopoz, who was gunned down last March 13 in front of a shopping mall in Tagum City, Davao del Norte.

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INDUSTRY UPDATES

IPOPHL brings IP-focused MCLE Program to Cebu

MANILA, Mar 14 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) will be mounting the 2019 edition of the Mandatory Continuing Legal Education (MCLE) this March in Cebu, to expand its education drive and reach out to IP practitioners in the Visayas.

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INDUSTRY UPDATES

ASEAN aims at creating Future Digitally-Skilled Youths

Jakarta, Mar 14 (ANTARA) - Seven ASEAN member states, through the ASEAN Digital Innovation Programme initiated by the ASEAN Foundation in collaboration with Microsoft, aim to create digitally-skilled youths prepared to tackle challenges of the digital workspace in future.

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INDUSTRY UPDATES

Tanintharyi Landholders sued under New Law

Local government officials and companies are already using the recently amended land law to remove villagers from disputed land, according to lawyers in southern Myanmar.

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INDUSTRY UPDATES

SC to facilitate Greater Investor Inclusiveness

KUALA LUMPUR, March 14 (Bernama) - Opening local corporate bonds and sukuk to retail investors who meet the requirements set are among the steps taken by the Securities Commission Malaysia (SC) to promote investors inclusiveness in the local market.

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INDUSTRY UPDATES

SC aims Further Expansion of Islamic Capital Market, says Chairman

KUALA LUMPUR, March 14 (Bernama) - The Securities Commission (SC), the regulatory body of the capital market, aim to foster growth that is premised on long-term value creation by intensifying efforts to further expand the Islamic capital market as well as the closely-linked sustainable finance segment.

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INDUSTRY UPDATES

National E-Document Exchange Platform launched

Hanoi, Mar 12 (VNA) - The Government Office held a ceremony in Hanoi on March 12 to launch the National E-Document Exchange Platform, a move towards a digital government and economy.

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INDUSTRY UPDATES

Cabinet approves 5Bn Baht Agro Subsidies

BANGKOK, Mar 13 (NNT) - The weekly Cabinet meeting has allocated another five billion baht to support rice agriculture during the current production year.

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INDUSTRY UPDATES

CJ seeks to remove Parts of Hamid Sultan's Affidavit

KUALA LUMPUR, Mar 13 (Bernama) - Chief Justice Tan Sri Richard Malanjum today filed an application to remove parts of the supporting affidavit filed Court of Appeal Judge Datuk Dr Hamid Sultan Abu Backer in the lawsuit by the late Karpal Singh’s daughter, claiming that it was outrageous, insulting and an attack to the Judiciary.

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INDUSTRY UPDATES

Up to PM to shortlist Candidates for CJ's Post - Liew

KUALA LUMPUR, Mar 12 (Bernama) - The Law Minister in the Prime Minister’s Department Datuk Liew Vui Keong today said that he has no information about the candidates shortlisted to be appointed as the new Chief Justice to replace Tan Sri Richard Malanjum who will retire from the post next month.

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INDUSTRY UPDATES

Sabah helps Children without Documents through Legalization Program

KOTA KINABALU, Mar 12 (Bernama) - Children born in Sabah and categorised as foreigners even though one of their parents were local residents, will be given aid through a legalisation programme which will ensure a better future for them.

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