In this article, we highlight certain aspects of the Companies Act 2016 (“CA 2016”) that have implications for Lenders and Borrowers. A) Execution of documents: common seal is optional Section 61 of CA 2016 now provides that a company may, but does not need to have the common seal. […]
This article is fifth in a series entitled A New Corporate Landscape: Key Changes under the Companies Bill 2015 that our clients should know about. In this article, we outline the major changes relating to the management and restructuring of share capital under the Companies Act 2016 (“new Act”). Key Change 10: No Par [...]
While many of us were overdosing on mandarin oranges and pineapple tarts last week, the Companies Act 2016 (“the new Act”) came quietly into force. Although its debut may have been overshadowed by the CNY celebrations, its far-reaching effects will no doubt become apparent, moving up your priority list long after the mah-jong table [...]
The Companies Commission of Malaysia has announced that it will start enforcing the Companies Act 2016 in stages from 31st January 2017. Hence, in the midst of the coming week's Chinese New Year celebrations, corporate Malaysia will be waking up to a new landscape. Below is a brief checklist to help assess your level [...]
This article is third in a series entitled A New Corporate Landscape: Key Changes under the Companies Bill 2015 that our clients should know about. As alerted in our previous issue of The Legal Link, the Companies Bill 2015 has received Royal Assent and shall come into force next year. We continue our [...]
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 [...]
This article is first in a series entitled A New Corporate Landscape: Key Changes under the Companies Bill 2015 that our clients should know about. Background to the Companies Bill 2015 CCLC’s clients have no doubt seen the headlines and heard much spoken of the impending changes under the Companies Bill 2015. The Bill has [...]