“What a Recent Construction Case Reveals About the Gap Between Procurement Policy and Market Reality” Every player in the construction industry knows the ‘Ali Baba’ arrangement. Some call it license lending and others describe it as project parking, fronting arrangements or simply commercial necessity. Regardless of the label, the underlying reality is one party possesses…
A lawyer today can generate a draft submission in seconds. With a carefully crafted prompt, Artificial Intelligence (AI) can summarize witness statements, prepare chronologies, identify legal issues and generate arguments that resemble the work of a junior lawyer. Tasks that once required hours of research and drafting can now be completed in a matter of…
“The lodging of a caveat is not an end in itself; it is just a means, a temporary measure, to preserve the caveator’s claim to a proprietary right in respect of a land, pending determination of that claim by a court.” — Onn Yee Kien & Anor v On Giin Chuang [2013] 4 MLRA 506….
In Sabah, many payment disputes do not begin with fraud. They begin with trust, urgency, and work that started before the paperwork did. The problem usually begins with a simple sentence: “Proceed first” and many businesses still operate that way. A supplier releases materials urgently because the project cannot wait. A contractor mobilizes before the…
As Bank Negara Malaysian (BNM) and Securities Commission Malaysia (SC) have issued a cease-and-desist letter to CopyCashCoin in its attempt to launch an ICO (Initial Coin Offerings) in Malaysia in January 2018, the question remaining is whether it’s possible to launch ICO (Initial Coin Offerings) in Malaysia legally? ICOs are all the rage the world…
The 14th General Election (“GE14”) is before us. However, the Election Commission has fixed the polling to be held on 9th May 2018, a Wednesday. At the time of writing, there is no indication from the caretaker Federal Government on whether 9th May 2018 will be designated as a public holiday. Leaving aside the question…
Q: What are the key highlights of the changes for the newly implemented Companies Act 2016 compared to the old Act? Under the Companies Act 1965 (“Old Act”), a memorandum and articles of association (“M&A”) is required for a company to be incorporated. Under the Companies Act 2016 (“New Act”), the M&A is replaced by…
Q: What are the differences between shareholders and directors? A shareholder or member owns a company by holding its shares. A director manages the company. A director does not have to be a shareholder and a shareholder has no right to be a director. Q: What is paid-up capital? Paid-up capital is the amount of…
Q: I would like to issue shares to other potential investors to invest in my company, how could I do it? Private companies In general, for allotment of new shares of a private company to new identified investors to increase its issued and paid-up capital, the prior approval of majority of existing shareholders by way…
Q: How do I calculate the legal fee for tenancy agreement? The standard legal fees chargeable for tenancy agreement are as follows:- First RM 10,000 rental – 25% of the monthly rent Next RM 90000 rental– 20% of the monthly rent More than RM 100,000 – negotiable Legal Fee for Tenancy Agreement period of above…
