China Evergrande Group (“Evergrande”) has appeared in the headlines of world financial news lately. The China property giant is on the brink of collapse. A case of rapid growth and… Read More »China Evergrande Group on the brink of collapse?
Is your company in compliance with Section 244 and Section 245 of the Companies Act 2016? As directors of a company, you should be aware of Section 244 – Compliance… Read More »Compliance with Section 244 and Section 245 of the Companies Act 2016
Deciding to start a business but wondering which option should you choose and what are the pros and cons of each option? Well, here is some sharing on the pros… Read More »What are the pros and cons of Single Person Company, Sdn Bhd and LLP?
DUBAI, Aug 26 (Reuters) – Holders of around $70 million in troubled bonds issued on behalf of state-owned Air Seychelles have filed a petition to wind up the African airline,… Read More »Creditors file winding up petition for Air Seychelles
JAKARTA, Aug 14 (Bloomberg): Flag carrier PT Garuda Indonesia has shrunk its management to reduce costs as the airline restructures its way out of a pandemic-driven financial crunch. Garuda now… Read More »Indonesia’s Garuda removes directors to save costs amid debt restructuring
BY BERNAMA KUALA LUMPUR (Aug 24): Amendments will be made to legislation to enable businesses to remain competitive and to make Malaysia a preferred destination in doing business, said Domestic Trade and… Read More »Laws to be amended to keep businesses competitive — Ministry Sec-Gen
Companies Commission of Malaysia (SSM) has made the following media statement on 18 August 2021: Source: SSM 💕 *Follow us on: Facebook or Linkedin for updates *Follow us on: Telegram… Read More »Director of a company charged for making false statement
Partnerships, Individuals, Associations, Deceased Persons Estate and Hindu Joint Families who carry on business are allowed to file their Income Tax Return Forms (“ITRFs”) on or before 30 September 2021.… Read More »Extension of time to submit income tax return forms and payment of balance of tax payables
Can you change a company’s name? Pursuant to Section 28 of the Companies Act 2016, a company name may be changed if it is approved by a special resolution of… Read More »Biztalk-Changing Company’s Name? Here is what you should be aware of:
Having a common seal is now optional for company. Section 61 of Companies Act 2016 provides that “A company may or may not have a common seal. The execution of… Read More »Biztalk-Do you know that common seal is now optional?