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, enabling founders and key stakeholders to retain control of a company even with minimal shareholding. This report delves into the characteristics of Share A and Share B, explores strategies for controlling a company with minimal shareholding, and examines the potential risks and drawbacks associated with such structures.

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 a detailed overview of the current legal framework and its practical implications for businesses in Malaysia.

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 critical in ensuring the deceased’s wishes are fulfilled and assets are distributed correctly, it also carries the weight of potential personal liability . This article delves into the intricacies of personal liability for executors and administrators, exploring the definitions, legal frameworks, potential risks, and protective measures. Understanding these legal and financial responsibilities can alleviate some of the burden during an already difficult time, allowing executors and administrators to focus on fulfilling the deceased’s wishes.  

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 applicable laws of inheritance in Malaysia. This article provides a comprehensive overview of vesting in estate in Malaysia, covering its definition, types of estates, methods of vesting, legal requirements, recent developments, and potential tax implications.

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 the centrality of consideration in contract validity under the Contracts Act 1950 (CA) and underscores the cautious adoption of common law principles in Malaysian jurisprudence.