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Shearn Delamore & Co. | June 2022

Dear valued clients, colleagues and friends, We are pleased to bring you the latest legal updates for June 2022 ...

Shearn Delamore & Co. | June 2022

Dear valued clients, colleagues and friends, Fiction relies on creative and stylistic choices to entertain. Are there restrictions to creative licence when creativity meets real life? The High Court recently had to decide on a whether a claim, asserting defamation arising from a fictional drama, could be sustained or ought to be disposed of summarily. The Court struck out the defamation claim; a decision that is welcomed in light of the thriving entertainment industry in Malaysia ...

Shearn Delamore & Co. | June 2022

Dear valued clients, colleagues and friends, Our Investigation & Crisis Management partners,Rajasingam GothandapaniandSathya Kumardas, have co-authored theMalaysian chapter of The Legal 500 Country Comparative Guide to Bribery & Corruption 2022 ...

Shearn Delamore & Co. | June 2022

Dear valued clients, colleagues and friends, We are pleased to bring you the March 2022 Issue of our quarterly Newsletter, we hope that you will continue to find its contents of value to you ...

Dear valued clients, colleagues and friends, In November 2020, Korean Air Lines Co Ltd had entered into a share subscription agreement with Asiana Airlines Inc which had been in a situation of financial distress. The merger of the two airlines required regulatory approval from competition and antitrust agencies of other jurisdictions, which included but were not limited to, Korea, UK, US, EU, Malaysia and Singapore ...

Dear valued clients, colleagues and friends, As indicated in numerous press statements issued by the Malaysia Competition Commission (“MyCC”) in recent years, MyCC is undertaking an exercise to amend the Competition Act 2010 (“CA 2010”), most notably to introduce a general merger control regime in Malaysia and to enhance its powers under the CA 2010 ...

Dear valued clients, colleagues and friends, Amendments have been made to the Patents Act 1983 (“PA1983”) and Patent Regulations 1986 (“PR1986”), via the Patents (Amendment) Act 2022 (“the Amending Act”) and Patents (Amendment) Regulations 2022 (“the Amending Regulations”). Both the Amending Act and the Amending Regulations came into effect on 18 March 2022 ...

Income tax The Income Tax (Deduction for Investment in a Venture Company or Venture Capital Company) Rules 2022 have been gazetted on 15 April 2022 and are deemed to have effect from year of assessment 2018 ...

Shearn Delamore & Co. | April 2022

Dear valued clients, colleagues and friends, On 30 March 2022, the Employment (Amendment) Bill 2021 (“Amended Bill”) was passed in Dewan Negara (Senate). In this update, Vijayan Venugopal and Nur Najehah will outline the key changes and upcoming issues which employers should be aware considering this recent development. At the outset, before diving into the issues, it is important to first understand the present status of the Amended Bill ...

Shearn Delamore & Co. | April 2022

Dear valued clients, colleagues and friends,We are pleased to bring you the latest legal updates for April 2022 ...

Shearn Delamore & Co. | April 2022

Dear valued clients, colleagues and friends,We are pleased to bring you the latest legal updates for March 2022 ...

Shearn Delamore & Co. | March 2022

Dear valued clients, colleagues and friends,The issue of whether an employee is transferred or seconded can sometimes prove rather contentious. In a transfer, the employment relationship to transferred to the new employer (i.e. the original company is no longer the employer), whereas in a secondment situation, the employee remains under the employment of the original company but may perform work for the secondee company ...

Shearn Delamore & Co. | March 2022

Dear valued clients, colleagues and friends,With effect from 1 April 2022, Malaysia will enter the “Transition to Endemic” phase ...

Shearn Delamore & Co. | March 2022

Dear valued clients, colleagues and friends,We are pleased to bring you the latest legal updates for February 2022.Tax & RevenueThe Income Tax (The Incentive for Manufacturers of Pharmaceutical Products Scheme) Rules 2022 have been gazetted on 17 February 2022 and have effect from year of assessment 2021 ...

Shearn Delamore & Co. | February 2022

Dear valued clients, colleagues and friends,We are pleased to bring you the latest legal updates for January 2022.Corporate/M&AAmendments to the Main and ACE Market Listing Requirements in relation to Directors’ Appointment, Independence and Miscellaneous ChangeTax & RevenueExplanation in relation to the Definition of Factory for the Purpose of Reinvestment Allowance Claim under Schedule 7A, Income Tax Act 1967 (Practice Note No ...

Shearn Delamore & Co. | January 2022

Dear valued clients, colleagues and friends, We are pleased to bring you the latest legal updates for January 2022 ...

Shearn Delamore & Co. | January 2022

Employment Law An examination of the case ofTelekom Research andDevelopment Sdn Bhd v Ahmad Farid Bin Abdul Rahman by the Court of Appeal Introduction The Industrial Court had ruled that the company, Telekom Research and Development Sdn Bhd (“Telekom”), had proven the misconduct against a former employee, the claimant Ahmad Farid Bin Abdul Rahman (“Ahmad”), and that the dismissal was justified ...

Shearn Delamore & Co. | January 2022

Dear valued clients, colleagues and friends, We are pleased to bring you the latest legal updates for December 2021 ...

Shearn Delamore & Co. | January 2022

The Finance Bill 2021 has recently been passed in Parliament and gazetted on 31 December 2021 (“FA”). One of the FA amendments, which takes effect from 1 January 2022, is that only income arising from sources outside Malaysia and received in Malaysia by any person who is not tax-resident in Malaysia, would be tax exempt ...

Shearn Delamore & Co. | December 2021

Financial Services   Climate risk — progress of Joint Committee on Climate Change In a joint statement, Bank Negara Malaysia (“BNM”) and Securities Commission Malaysia announced on 10 December 2021 the following: the Joint Committee on Climate Change (“JC3”) will issue a Reference Guide on Climate Risk Management and Scenario Analysis, which sets out expectations for financial institutions to integrate climate-related risks considerations in finan

Shearn Delamore & Co. | December 2021

Dear valued clients, colleagues and friends, Our Arbitration and Mediation partners Rabindra S. Nathan, Rodney Gomez and K. Shanti Mogan have co-authored the Malaysian chapter of The Legal 500 Country Comparative Guides: International Arbitration 2021.   The Arbitration Act 2005 (“AA 2005”) applies to arbitration in Malaysia ...

Shearn Delamore & Co. | December 2021

Dear valued clients, colleagues and friends, Our Dispute Resolution partners, Dhinesh Bhaskaran, Datin Jeyanthini Kannaperan, Rabindra S. Nathan and K. Shanti Mogan, have co-authored the Malaysian Law and Practice and Trends and Developments chapters in the Chambers Global Practice Guide: Litigation 2022 ...

Shearn Delamore & Co. | December 2021

The Employment (Amendment) Bill 2021 (“the Bill”) was tabled for its first reading on 25 October 2021, seeking to amend the Employment Act 1955 (“the Act”). In this update, Vijayan Venugopal, Grace Chai and Nur Najehah set out the key changes that the Bill proposes to introduce and analyse the potential impact of such proposed amendments ...

Shearn Delamore & Co. | December 2021

Corporate/M&A Collaboration between Bursa Malaysia Berhad with Capital Markets Malaysia through the Elevate Programme Bursa Malaysia Berhad (“Bursa”) has on 11 November 2021 announced that Bursa will be collaborating with Capital Markets Malaysia (“CMM”) to engage and work with mid-tier companies that are seeking to undertake initial public offering in the next 24 months ...

Shearn Delamore & Co. | November 2021

Dear valued clients, colleagues and friends, We are pleased to bring you the latest legal updates for November 2021 ...

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