Morning Talk: Key Changes in Companies Bill 2015

CCIFM organised a breakfast talk on the Key changes in companies bill, in collaboration with our members Zaid Ibrahim & Co & Yellaw

The Companies Commission of Malaysia published a draft Companies Bill for public consultation. It was passed in 2015 and was introduced as a new corporate legal framework that has replace what was contained in the current Companies Act 1965.

The bill was passed with the objective of modernizing the Malaysian corporate legal landscape in line with other progressive corporate law regimes such as Australia and the United Kingdom.

During the talk, Ahmad Zulkharnain Musa, who  heads the firm’s Corporate & Commercial IV Practice Group Zaid Ibrahim & Co, updated members on various angel related to the bill, such as

-      Incorporation & types of companies
-      Constitution of companies
-      Shares
-      Dividends
-      Meetings & resolutions
-      Capital reduction
-      Financial assistance

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