Share A and Share B in SSM and How to Control a Company with Minimal Shareholding
The Companies Act 2016 of Malaysia introduced significant changes to Malaysian company law, including the ability to issue different classes of shares with varying rights and privileges1. This has paved the way for structures like Share A and Share B,…
Share Par Value, Increment of Share Capital, and Allotment Based on Any Value in Malaysia
The Companies Act of 2016 brought about a significant transformation in Malaysia’s corporate landscape, introducing substantial changes to share par value, share capital increment, and the allotment of shares. This article provides a comprehensive analysis of these key aspects, offering…
Personal Liability of an Executor or Administrator of a Deceased Estate
The death of a loved one is often an emotionally challenging time. Beyond the grief, there are legal and financial matters to attend to, often falling to the designated executor or administrator of the deceased’s estate. While this role is…
Vesting in Estate in Malaysia
Vesting in estate refers to the legal process of transferring ownership of property from a deceased person to their beneficiaries. This process is crucial in ensuring the smooth and lawful distribution of assets according to the deceased’s wishes or the…
Summary of Federal Court Decision: Kuala Dimensi Sdn Bhd v. Port Kelang Authority (Decision date: 02 September 2024)
In a significant ruling that highlights the foundational principles of Malaysian contract law, the Federal Court of Malaysia recently delivered a unanimous decision in the case of Kuala Dimensi Sdn Bhd (KDSB) v. Port Kelang Authority (PKA). The decision reaffirms…
VIVIAN TAN
