Insights

A Singapore diamond wholesaler sold loose diamonds to a Malaysian buyer. Some of the invoices were in United States Dollars (‘USD’). When those invoices went unpaid, the wholesaler sued the Malaysian buyer for USD86,488.10. The buyer argued that the claim was bad because it had not been converted into Malaysian Ringgit (‘RM’). The buyer’s contention……………

You are sued by a company. Halfway through the proceedings, a winding-up order is made against the company. After a long and arduous legal battle, the now wound-up company prevailed, and judgment is entered in the company’s favour against you. Naturally, you decide to file an appeal. However, section 471 (1) of the Companies Act……………

In Malaysia, a director may resign by giving written notice to the company at its registered office. However, that right is subject to section 196(3) of the Companies Act 2016, which provides that a director ‘shall not resign or vacate his office if by his resignation or vacation from office, the number of directors of……………

Many Malaysian companies start with two people and an even split. Business partners. A husband and wife. Two brothers, or a parent who set it up so the business could pass on. At the time, nobody thought the split would matter. Then something breaks. A separation, a falling out, or one side moves overseas and……………

It is a warning, and a record. What you do in the days after it arrives usually matters more than what it says.