malaysia - Corporate Law - News

Two Companies plead Guilty to negligence

IPOH, Jun 3 (Bernama) - Two construction companies were charged at the Sessions Court here today with negligence, which resulted in accidents involving their respective employees last year. Teoh Kim Kuan as the director of Tunas Gemilang TKK Enterprise, while Ng Wai Choo who is the director of Syarikat WIM Automation Jig & Moulding Sdn Bhd ...
Date: 03 June 2019; Type: Legal News; Source: Bernama

Entrepreneurship Framework to be launched in July

KUALA LUMPUR, Apr 8 (Bernama) - The National Entrepreneurship Framework (NEF), which the Ministry of Entrepreneur Development began developing in late 2018, is expected to be launched by Prime Minister Tun Dr Mahathir Mohamad in July, says SME Corporation Malaysia (SME Corp).
Date: 08 April 2019; Type: Legal News; Source: Bernama

Government does not intend to amend Bankruptcy Act

KUALA LUMPUR, Apr 4 (Bernama) - The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy Act (Amendment) 2017 (Act 1534).
Date: 04 April 2019; Type: Legal News; Source: Bernama

Mandatory for Companies to submit Reports via MBRS starting November

KUALA LUMPUR, Sept 27 (Bernama) - Malaysian companies must submit their annual reports, unaudited annual financial statements and Certificate for Exempt Private Company (EPC) via the Malaysian Business Reporting System (MBRS) digital platform starting November. Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen said the manda ...
Date: 27 September 2018; Type: Legal News; Source: Bernama

Two Internet Companies, Directors Fined RM20 Million for Financial Crimes

KUALA LUMPUR, Aug 16 (Bernama) - Two Internet companies and their directors were fined a total of RM20 million by the Ampang Sessions Court here for various charges in the issuing of electronic payments unrecognised by Bank Negara Malaysia (BNM), promoting pyramid scheme and involvement in money laundering since 2012.
Date: 16 August 2018; Type: Legal News; Source: Bernama

Johor Royalty's Ex-Counsel freed by Court after paying Fine

JOHOR BAHRU, July 11 (Bernama) - The Johor royal family´s former legal counsel, Kamal Hisham Ja'afar was fined RM30,000 by the Sessions Court here today after he pleaded guilty to one charge under the Companies Act 1965.
Date: 11 July 2018; Type: Legal News; Source: Bernama

Companies urged to venture into IBS

KUALA LUMPUR, June 26 (Bernama) - To advance the affordable housing and construction agenda, the Malaysian Investment Development Authority (MIDA) seeks to connect the relevant stakeholders towards fostering stronger collaborations and enhancing the existing ecosystem.
Date: 26 June 2018; Type: Industry Updates; Source: Bernama

Government will not curtail Business Freedom - PM

KUALA LUMPUR, May 13 (Bernama) - The new Pakatan Harapan (PH) government will not curtail business freedom with too many laws that will burden industry players, said Tun Dr Mahathir Mohamad.
Date: 13 May 2018; Type: Industry Updates; Source: Bernama

Bursa reveals BURSASUSTAIN, One-Stop Centre for Corporate Governance Info

KUALA LUMPUR, Apr 24 (Bernama) - Bursa Malaysia Bhd has launched BURSASUSTAIN, a comprehensive online portal designed as a one-stop knowledge and information hub on Corporate Governance (CG) and sustainability.
Date: 24 April 2018; Type: Industry Updates; Source: Bernama

IRB: 16 Companies, 15 Individuals declared Bankrupt

KUALA LUMPUR, Apr 23 (Bernama) - Sixteen companies and 15 individuals were declared bankrupt after failing to settle RM8.18 million in arrears to the Inland Revenue Board (IRB).
Date: 23 April 2018; Type: Industry Updates; Source: Bernama

INDUSTRY UPDATES

Government plans to build New Shah Alam Court Complex - Liew

SHAH ALAM, Jun 24 (Bernama) - The government plans to build a new Court Complex in Shah Alam to replace the existing building, said Minister in the Prime Minister’s Department Datuk Liew Vui Keong.

Read More

INDUSTRY UPDATES

Niosh offers free needs Analyses for Sabah and Labuan Workplaces

KOTA KINABALU, Jun 24 (Bernama) - The National Institute of Occupational Safety and Health (NIOSH) stands ready to conduct free needs analyses of workplace safety for organisations in Sabah and the Federal Territory of Labuan, with the aim of identifying appropriate training required.

Read More

INDUSTRY UPDATES

Ministry launches Sexual Predation Awareness Campaign

PUTRAJAYA, Jun 24 (Bernama) - The Women, Family and Community Development Ministry today launched a sexual predation awareness campaign via digital medium Youtube.

Read More

INDUSTRY UPDATES

MyCC to focus Efforts on Monitoring Cement Industry

KUALA LUMPUR, Jun 19 (Bernama) - The Malaysia Competition Commission (MyCC) says it will focus its efforts on consistently monitoring the cement industry in order to complement the government’s initiative in protecting the welfare of consumers.

Read More

INDUSTRY UPDATES

Amended Code did not affect Conflict of Interest - Witness

KUALA LUMPUR, Jun 18 (Bernama) - The Code of Ethics for Administration Members and Members of Parliament was amended by the Cabinet in 2013 but did not affect the conflict of interest provision, according to a Cabinet former deputy secretary-general (Constitution and Communication).

Read More

INDUSTRY UPDATES

Court urges Johor PTG to meet Orang Asli to settle Compensation Issue

JOHOR BAHRU, Jun 18 (Bernama) - The High Court here today encouraged the state Land and Mines Office (PTG) to engage in discussions with the Seletar tribe Orang Asli of Kuala Masai with the aim of settling compensation due as a result of wrongful acquisition of their land in Stulang Laut.

Read More

INDUSTRY UPDATES

Ex-CJ speaks out against Lawyers' Tendency to seek Postponements

KUALA LUMPUR, Jun 16 (Bernama) - Former Chief Justice Tun Zaki Azmi has spoken out against the tendency by certain defence lawyers to seek postponements of cases being heard in court.

Read More

INDUSTRY UPDATES

RCI on Judicial Misconduct is what People Want - Dr Mahathir

PUTRAJAYA, Jun 5 (Bernama) - The government agreed to set up a Royal Commission of Inquiry (RCI) on judicial misconduct because this is what the people want, said Prime Minister Tun Dr Mahathir Mohamad.

Read More

INDUSTRY UPDATES

Complaints via Whatsapp: RTD issues More than 200 Notices

KUALA LUMPUR, June 3 (Bernama) - More than 200 notices have been issued by the Road Transport Department (RTD) as result of consumer complaints via the Whatsapp application during the three days enforcement operation, in conjunction with Adilfitri, which began on May 29.

Read More

INDUSTRY UPDATES

Online Trader benefits from Industrial Revolution 4.0

KOTA BHARU, Jun 2 (Bernama) - The Industry Revolution 4.0, which is occurring all over the world, has given huge benefit to online traders in marketing their products to consumers.

Read More

INDUSTRY UPDATES

Mohd Roze Shaari is New Intelligence/Operations Deputy Director

KUALA LUMPUR, June 1 (Bernama) - Bukit Aman's Criminal Investigation Department (CID) has a new Intelligence/Operations deputy director.

Read More

INDUSTRY UPDATES

Give Mandatory Counselling, Community Service Sessions to Road Bullies - MCPF

KUALA LUMPUR, May 31 (Bernama) - The Malaysian Crime Prevention Foundation (MCPF) has suggested that compulsory counselling and community service sessions be meted out to individuals detained for dangerous driving and road rage.

Read More

INDUSTRY UPDATES

Samirah allowed to be released on RM500,000 Bail pending Trial

PUTRAJAYA, May 28 (Bernama) - The Federal Court today allowed Samirah Muzaffar, the wife of the late Cradle Fund chief executive officer Nazrin Hassan to be released on bail of RM500,000 with two sureties pending her murder trial.

Read More

INDUSTRY UPDATES

Adib Inquest: Lawyer withdraws

SHAH ALAM, May 27 (Bernama) - The lawyer who represented the Housing and Local Government Ministry, Fire and Rescue Department and family of firefighter Muhammad Adib Mohd Kassim in the inquest into the latter's death withdrew from the case today.

Read More

INDUSTRY UPDATES

Sabah Syariah Court Complex 45 percent completed, ready by May 2020

KOTA KINABALU, May 27 (Bernama) - The new Kota Kinabalu Syariah Court Complex is 45 percent completed and is expected to be fully operational by May 2020, said Deputy Secretary-General (Senior) in the Prime Minister’s Department, Datuk Hasnol Zam Zam Ahmad.

Read More