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…
Federal Court Decision: Strengthening the Torrens System in Malayan Banking Berhad v. Mohd Affandi & Aminah (Decision date: 04 October 2024)
The Federal Court of Malaysia recently delivered a landmark judgment in Malayan Banking Berhad v. Mohd Affandi bin Ahmad & Aminah binti Ahmad, addressing pivotal issues of indefeasibility, good faith, and the investigative obligations of financial institutions under Malaysia’s Torrens…
Legal Considerations for Foreign Investment in Malaysia: Setting Up a Company or Manufacturing Operations
Malaysia, strategically located in Southeast Asia, has long been an attractive destination for foreign investment due to its stable political environment, robust economic growth, and investor-friendly policies. This article outlines the key legal considerations and procedural steps for foreign investors…
The Importance of a Shareholder Agreement in Malaysia
While the Companies Act 2016 (CA 2016) provides a fundamental legal framework for companies in Malaysia, a shareholder agreement serves as a crucial complement, offering a tailored and comprehensive approach to govern the relationship between shareholders and the internal management…
Partnership Agreement
While the allure of venturing into business with a trusted friend or colleague can be strong, relying solely on goodwill and verbal agreements can be a recipe for disaster. In Malaysia, a well-drafted partnership agreement is not just a legal…
The Importance of Having a Will in Malaysia
In Malaysia, writing a will is an essential step in ensuring that an individual’s assets and estate are distributed according to their wishes after their death. Unfortunately, many Malaysians still underestimate the importance of estate planning, often leading to unintended…
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