Friday, 22 September 2017
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malaysia - Corporate & Commercial

Lai Cheng Ooi (f) v Lim San Peen and Another, and 2 Other Appeals

Date: 21 September 2017; Court: Court of Appeal; Citation: Civil Appeal Nos. S-01(IM)(NCVC)-145-04/2016, S-02(IM)(NCVC)-741-04/2016 & S-01(IM)(NCVC)-411-10/2016; Source: Federal Court Registry

Jack In Pile (M) Sd Bhd v Bauer (Malaysia) Sdn Bhd and Another Appeal

Date: 20 July 2017; Court: High Court of Malaya; Citation: Originating Summons Nos. BA-24C-34-12/2016 & BA-24C-10-02/2017; Source: Federal Court Registry

SSM urges Online Businesses to obtain Digital Certification

KUALA LUMPUR, Sept 13 (Bernama) - The Companies Commission of Malaysia (SSM) has urged online businesses to obtain its 'SSM BizTrust' digital certification to enhance consumer confidence in their products. Its Business Development and Marketing Director, Farid Ahmad, said since its launch on July 21, 2017, 81 companies from over 57,000 online ...
Date: 13 September 2017; Type: Legal News; Source: Bernama

Gan Chiaw Ching v GW Builders Sdn Bhd

Date: 11 September 2017; Court: High Court of Sabah & Sarawak; Citation: Suit No. BTU-B52NCvC-4/6-2015 (SC); Source: High Court of Sabah and Sarawak

Ministry to impose 30 per cent Bumiputera Quota to break Beef Import Monopoly

TEMERLOH, Sept 11(Bernama) - The Agriculture and Agro-Based Industry Ministry will impose a minimum 30 per cent quota for Bumiputra importers to break the beef import monopoly.
Date: 11 September 2017; Type: Legal News; Source: Bernama

U Television Sdn Bhd and Another v Comintel Sdn Bhd

Date: 18 August 2017; Court: Federal Court; Citation: Civil Appeal No. 02(f)-12-03/2016(W); Source: Federal Court Registry

Obnet Sdn Bhd v Suruhanjaya Komunikasi Dan Multimedia Malaysia

Date: 28 July 2017; Court: High Court of Malaya; Citation: Civil Appeal No. BA-12NCVC-7-01/2016; Source: Federal Court Registry

PWY Mining Bhd v Zufaidi & Associates

Date: 04 August 2017; Court: High Court of Malaya; Citation: Civil Appeal No. BA-12B-97-06/2016; Source: Federal Court Registry

Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 22) Order 2017

This Order comes into operation on 31 August 2017.
Date: 30 August 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 254 of 2017; Source: AGC Federal Gazette

Toy Manufacturers must adhere to Consumer Protection Regulations 2010 - Hamzah

ALOR GAJAH, Aug 25 (Bernama) - Toy manufacturers in the country are advised to adhere to the Consumer Protection Regulations 2010 to ensure safety of children.
Date: 25 August 2017; Type: Legal News; Source: Bernama

Teow Tek Soon v Koay Chin Teong

Date: 10 August 2017; Court: Court of Appeal; Citation: Civil Appeal No. P-02(NCVC)(W)-1349-07/2016; Source: Federal Court Registry

Former Company MD acquitted of Money Laundering Charge

KUALA LUMPUR, Aug 24 (Bernama) - A former managing director of oil and gas company, Tanjung Offshore Berhad, was today acquitted and discharged by the Sessions Court here of two charges of laundering RM13.3 million and submitting a false document for the purchase of shares of a company at RM34.3 million.
Date: 24 August 2017; Type: Legal News; Source: Bernama

Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 21) Order 2017

This Order comes into operation on 24 August 2017.
Date: 23 August 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 245 of 2017; Source: AGC Federal Gazette

Companies Act will make Malaysia Destination for Foreign Investment

PETALING JAYA, Aug 22 (Bernama) - The new companies act will make Malaysia a destination of choice for foreign investors as it is more business-friendly and creates a more flexible and dynamic business environment in the country.
Date: 22 August 2017; Type: Legal News; Source: Bernama

BK Fleet Management Sdn Bhd v Stanson Marketing Sdn Bhd

Date: 17 July 2017; Court: Court of Appeal; Citation: Appeal No. P-02(NCVC)(W)-223-01/2016; Source: Federal Court Registry

Tenaga Nasional Berhad v Pearl Island Resort Development Sdn Bhd

Date: 27 March 2017; Court: Federal Court; Citation: Civil Appeal No. 02-61-07/2014(P); Source: Federal Court Registry

SSM: Audit Exemption for Selected Categories of Private Companies

KUALA LUMPUR, Aug 18 (Bernama) - The Companies Act 2016, which came into operation on Jan 31, 2017, requires all companies to prepare and audit their financial statements before lodging them with the Companies Commission of Malaysia (SSM).
Date: 18 August 2017; Type: Legal News; Source: Bernama

Gan Bee San and 2 Others v Malayan Banking Berhad and Another

Date: 10 August 2017; Court: Court of Appeal; Citation: Civil Appeal No. B-02(IM)-1911-10/2016; Source: Federal Court Registry

CTI Group Inc v International Bulk Carriers SPA

Date: 10 August 2017; Court: Federal Court; Citation: Civil Appeal No. 02(f)-61-09/2015(S); Source: Federal Court Registry

Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 20) Order 2017

This Order comes into operation on 17 August 2017.
Date: 16 August 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 239 of 2017; Source: AGC Federal Gazette

Industry Updates

ASEAN, Dialogue Partners hope for End of Marawi Conflict Soon

MANILA - The ASEAN member states and its dialogue partners are hoping that the more than three-month fighting in Marawi be resolved soon.

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ASEAN Public Relations strengthen Regional Structure

Badung, Bali (ANTARA News) - Public relations and communication are keys to obtain public understanding and participation in order to strengthen the regional organization's position at the global level, Director General of Public Information and Communication at the Ministry of Communications and Information Technology, Rosarita Niken Widiastuti, stated here on Wednesday.

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Budget 2018: 13,837 Ideas, Proposals from the Public received

KUALA LUMPUR, Sept 20 (Bernama) - Datuk Seri Najib Tun Razak said today that 13,837 ideas and proposals were received through the Budget 2018 'crowdsourcing' campaign carried out for 15 days from Sept 4 to 18.

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Malaysia-Thailand to ink MoU on Security Cooperation

BANGKOK, Sept 20 (Bernama) - There will be closer security cooperation between Malaysia and Thailand with the establishment of a Joint Committee on Security Cooperation, according to a cabinet resolution document released by the Thai government.

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EPF to boost Investments in Shariah-Compliant Private Equity Funds

KUALA LUMPUR, Sept 19 (Bernama) - The Employees Provident Fund (EPF) is prepared to increase its investments in shariah-compliant private equity (PE) funds, said its Investment Deputy Chief Executive Officer, Datuk Mohamad Nasir Ab Latif.

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BNM seeks More Focused Delivery of Mandates under Malaysian Development Financial Institutions

KUALA LUMPUR, Sept 19 (Bernama) - Bank Negara Malaysia (BNM) is planning to work with the leadership of local financial institutions and other stakeholders in government to address a more focused delivery of mandates under the Malaysian Development Financial Institutions.

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Renewal Application for Special Scheme expiring 31st March 2018 onwards

Renewal application shall be made six months prior to the expiry date and must be submitted two months before the expiry date​.

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MTUC urges Local Authorities to take Stern Action against Illegal Premises

BUTTERWORTH, Sept 18 (Bernama) - The Malaysian Trades Union Congress (MTUC) has called on local authorities to take strict legal action against illegal buildings or premises, particularly educational institutions.

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ASEAN enhances Coordination to tackle Cyber Threats

SINGAPORE, Sept 18 (Bernama) - ASEAN member states have agreed on the importance of enhancing coordination to ensure that its cybersecurity efforts across various platforms in countering increasingly sophisticated cyber threats are focused, effective and in synergy with one another.

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UPNM Cadet Murder Case transferred to High Court

KUALA LUMPUR, Sept 15 (Bernama) - The case involving six Universiti Pertahanan Nasional Malaysia (UPNM) students who are accused of murdering their fellow Navy cadet officer Zulfarhan Osman Zulkarnain and other related charges has been transferred to the High Court.

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Mega Malaysia-US Trade Deals to be positive in the Medium to Long-term

KUALA LUMPUR, Sept 15 (Bernama) - Mega bilateral trade deals concluded between Malaysia and the United States (US) during Prime Minister Datuk Seri Najib Tun Razak's just-concluded visit to the latter is poised to be very positive for the country's economy in the medium- to-long-term, says an economist.

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Mida approves RM1.3 Bln DISF Grant till July 2017

SUNGAI PETANI, Sept 14 (Bernama) - The Malaysian Investment Development Authority (Mida) has approved grants totalling RM1.3 billion under the Domestic Investment Strategic Fund (DISF) since the fund was established in July 2012 until July this year.

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