LAD calculation Are you aware that LAD payment for late delivery is calculated from the date of the Booking Fee paid? Thus a higher amount is to be accounted for… Read More »Court: LAD Payment for Late Delivery of Houses Must be Calculated from Date Booking Fee is Paid
Director Misused of Power and Position KUALA LUMPUR: A former company director was charged at the Sessions Court here today with eight counts of graft under the Companies Act 1965.… Read More »Ex- Company Director Charged Under Companies Act 1965 For Misused of Power and Position Without Approval at General Meeting
PUTRAJAYA (Jan 20): The Court of Appeal has ruled that a listed company that has been served with a winding-up order must be delisted, based on Bursa Malaysia’s listing rules.… Read More »The Edge: Companies must be delisted once winding-up order served
For more info, kindly visit Belanjawan 2021 *Follow us on: Facebook for updates *Follow us on: Telegram for Updates on Corporate Advisory, Restructuring & Insolvency *Follow us on: Telegram for… Read More »Aid Package for MCO 2.0: The following are announced by the Prime Minister today to help people to cope with the second Movement Control Order (MCO 2.0)
“20%, or one in five respondents, are considering permanently shuttering their business in the next six months.” ~According to an August survey by the SME Association of Malaysia, covering 1,713… Read More »The Edge: SMEs still struggling with cash-flow issues
Summary: 2Q GDP contracted by 17.1%, but GDP expected to improve to between 5.5% and 8% in 2021 Construction ⬇️44.5%Mining and quarrying ⬇️20%Manufacturing ⬇️18.3%Services ⬇️16.2%Agriculture ⬆️1% Domestic demand ⬇️18.7%Private consumption ⬇️18.5%Private investment ⬇️26.4% Public consumption ⬆️2.3%Public investment ⬇️38.7% Exports ⬇️21.7%Imports ⬇️19.7% KUALA… Read More »BNM: Malaysia GDP contracted 17.1% in 2Q20, worst decline since 4Q98
(April 1): The coronavirus pandemic gives rise to the major risk of companies and small businesses going insolvent. In this article, I set out the restructuring and rescue options for… Read More »Covid-19 crisis: Restructuring and rescue options for businesses
