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 …
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 …
Laws Relating to the Management of Scheduled Waste in Malaysia Read More »
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 …
Participation of Foreign Contractors in Construction Projects in Malaysia Read More »
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 …
Avoiding Cartel under Malaysian Competition Law: Tips for Companies Read More »
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 …
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, …
Methods for carrying out transactions has evolved throughout the centuries, from the bartering system where people exchange items of equal value with the item to be purchased with salt, coins made out of metals, paper money, to debit or credit cards. But for the past decade or so, there emerged a new method of carrying …
INTRODUCTION Blockchain is a ledger of records organized in ‘blocks’ that are linked together by cryptographic validation which is neither stored in a centralized location nor managed by any single entity1. The block validation system results in new transactions being added irreversibly and old transactions preserved forever for all to see, hence the transparency and …
Blockchain in Fintech: Potential & Regulation in Malaysia Read More »
This article focuses on legal due diligence exercises (“LDDE”s) in the context of acquisitions (shares or business) and investments (debt or equity) among private companies limited by shares incorporated in Malaysia. If not managed efficiently, LDDEs may be disruptive to the target company’s daily operations. There are varying degrees of control which the attending company …
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