Shearn Delamore & Co. Legal Update March 2021 (1)
March, 2021 - Christina Kow, Anand Raj, Pamela Kung, Irene Yong, Foong Pui Chi
FINANCIAL SERVICES
Further extension on short selling ban
The Securities Commission Malaysia and Bursa Malaysia Securities Berhad announced a further extension, until 29 August 2021, of the existing suspension of Intraday Short Selling (IDSS) and Short Selling by Proprietary Day Traders on the stock exchange of Bursa Malaysia Securities Berhad. The scope of the ban remains the same.
Pepared by:
Christina S. C. Kow
Partner
Financial Services (Head)
Personal Data Protection & Proivacy Law
Technology, Media & Telco
(Tel)+603 2027 2786
(Fax)+603 2070 4445
Pamela Kung
Partner
Financial Services
Energy, Natural Resources & Green Technology
Infrastructure & Project
Private Client & family Business
(Tel)+603 2027 2688
(Fax)+603 2070 4445
CONTACT US FOR FURTHER INFORMATION REGARDING FINANCIAL SERVICES MATTERS.
TAX & REVENUE
Sales tax
An Industry Guide on Manufacturing and Import/Export (as at 1 January 2021) has just been published on the Royal Malaysian Customs Department’s MySST website.
Service tax
A revised version of the Industry Guide on Information Technology Services (as at 8 March 2021) has just been published on the Royal Malaysian Customs Department’s MySST website to replace the earlier version dated 13 July 2020.
Prepared by:
Anand Raj
Partner
Tax & Revenue (Head)
Competition & Antitrust (Co-Head)
(Tel)+603 2027 2828
(Fax) +603 2070 4445
Irene Yong
Partner
Tax & Revenue
Personal Data Protection & Privacy Law
Technology, Media & Telco
(Tel)+603 2027 2923
(fax)+603 2072 6503
Foong Pui Chi
Partner
Tax & Revenue
Private Client & Family Business
(Tel)+603 2027 2641
(Fax)+603 2072 6503
CONTACT US FOR FURTHER INFORMATION REGARDING TAX AND REVENUE LAW MATTERS.