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Structuring the Purchase of Rubber Gloves from Malaysia: Avoiding Risks During the Pandemic

The COVID-19 pandemic has taken a hit on all of Malaysia’s industrial players in every sector, with exception of one – glove manufacturers. For reasons of health and safety, a booming worldwide demand sees a global shortage of gloves. It is a rare occurrence that a Malaysian manufactured commodity has attracted such a high demand …

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Laws Relating to the Management of Scheduled Waste in Malaysia

Listed as the 25th most competitive economy in the world 1 , Malaysia engages in an exceedingly wide variety of industrial activities such as construction, mining, quarrying, and manufacturing, and these activities may lead to the production of hazardous waste. These hazardous wastes are classed as ‘scheduled waste’, scheduled waste refers to any wastes that …

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Participation of Foreign Contractors in Construction Projects in Malaysia

Introduction In recent years, Malaysia’s construction industry has been on the rise with a whole host of newly-announced large scale projects which is seen as ongoing momentum to the industry growth. Given the expansion scale of the market, it is unsurprising that overseas market players, particularly foreign contractors have targeted at the opportunities offered by …

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Avoiding Cartel under Malaysian Competition Law: Tips for Companies

The Malaysia Competition Commission (“MyCC”) has recently imposed financial penalties for RM1.04 million against 7 warehouse operators (“Parties”) for engaging in a price-fixing cartel. The parties were found to have infringed the prohibition under Section 4 of the Competition Act 2010 (“CA2010”) by participating in an agreement which has, as its object, the prevention, restriction …

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M&A Review: Recent Technology Deals in Malaysia

Introduction According to United Nations Conference on Trade and Development (“UNCTAD”), the number of cross-border mergers and acquisitions (“M&A”) globally declined by 15% year-on- year in the first nine months of 2020. 1 However, the trend in Asia is the polar opposite, with equivalent M&A activity in the region rising by 60% year-on-year over the …

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International Internship at Azmi & Associates: Nicholas Towers’ Experience

On my first day as an intern at Azmi & Associates, I did not know what to expect. I heard about the Firm whilst looking for internship opportunities; I lived in Thailand for a year after university and spent 6 months in Singapore on an exchange with NUS, so Malaysia would be a new experience.  …

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Regulatory Framework Updates on FinTech

Introduction In our past edition, two aspects of FinTech in Malaysia were discussed, namely the potential and regulation of Blockchain in FinTech in Malaysia, as well as the Peer-to-Peer (P2P) financing legal framework in Malaysia. In light of Blockchain’s robust development and strong appeal in today’s world because of its characteristics of disintermediation, immutability, security, …

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