This article is second in a series entitled A New Corporate Landscape: Key Changes under the Companies Bill 2015 that our clients should know about.
Since our first article in this A New Corporate Landscape series, the Companies Bill 2015 has received royal assent and has been gazetted as the Companies Act 2016 (from hereon and the rest of the series, the new Act will be referred to as “CA 2016”).
Once the CA 2016 comes into force, it will bring substantial changes to the manner in which a company is run, or corporate decisions made. Particularly, key changes are brought to the area of meetings and written resolutions. Continue reading “An Easier Meeting of Minds: Meetings/ Resolutions under the Companies Act 2016”
As alerted in the last issue of The Legal Link, the Securities Commission (SC) had in August 2016 launched the revised Malaysian Code on Takeover and Mergers 2016 (“revised Takeover Code”), together with the accompanying Rules on Takeovers, Mergers and Compulsory Acquisition 2016 (“new Takeover Rules”). The revised Takeover Code sets out 12 general principles applicable to takeovers in Malaysia whilst the new Takeover Rules set out in detail the procedures and requirements to be followed.
Below, we have picked out 5 main highlights of the revised takeover and mergers framework, to bring to your attention: Continue reading “A New Take: 5 main highlights of the revised Takeover and Mergers Code and Rules 2016”
Janice Gan provides an overview of the implications for housing developers from the recent amendments to the Housing Development (Control & Licensing) Act 1966
The Housing Development (Control & Licensing) Act 1966 (“HDA”) is an Act to provide for the control and licensing of housing development in Peninsular Malaysia as well as protecting the interest of purchasers of residential property still under construction. Continue reading “More Strings Attached: Housing Development (Control & Licensing) (Amendment) Act 2012”