Like it or not cryptocurrencies are here to stay. With the current estimated total global value of US$100 billion, cryptocurrencies are on a steep trajectory towards even greater growth as it now takes on the role of a real viable alternative to traditional start up and technology funding. Known as Initial Coin Offerings…
The growth of Internet use has been nothing short of phenomenal. Just a short 10 years ago, there were only 1.13 billion users of the Web. Today, our connected world is made up of 3.5 billion users. Current worldwide retail e-commerce sales have touched US$1.86 trillion and are expected to grow more than…
Success as a birthright – Or is it? You have spent months, if not years to arrive at this moment. A moment when vision is transformed into reality. And there’s nothing to stop this dream taking its rightful place as a history changing innovation. Although the journey has been arduous, persistence and single-minded commitment…
The recent shutdown of True Fitness gyms nationwide has certainly riled many of their customers. It has also shown how unbalanced the bargaining position is between large businesses and their customers. Many times, the customers’ position is nothing short of precarious. Despite the obvious anxiety and dismay all around, there can be positive takeaways…
By nature of its close proximity, transactions between related parties (RPT) attract more rules and supervision in most corporate regulatory regimes globally. Malaysia is no different with a comprehensive infrastructure provided by the rules of the stock market, Bursa Malaysia. Made up of the two key components of transaction and related party, there is…
The role of General Counsel (GC) or Chief Legal Officer has evolved and grown more vital over the last few decades. Once considered purely as legal advisors, the role has grown in both scope and stature. Today’s GCs function more than just providing legal advice to their employer but also serve as strategic advisors and…
Following on from Bursa Malaysia’s continuous efforts to promote high standards of disclosure amongst listed companies, statements in the form of a Management Discussion & Analysis (MD&A) have been made mandatory in the Annual Reports of listed companies. Widely expected to replace the Chairman’s Statement, though companies may still retain the Chairman’s message…
A registration or licence from Malaysia’s National Oil Corporation Petronas, is required before a party is allowed entry into Malaysia’s oil and gas industry. This is provided for under the Petroleum Development Act 1974. A Petronas licence or registration would allow a party to transact with Petronas and its subsidiaries and other Production Sharing Contractors…
