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ESG: What’s in a Name?

It is common for us to now hear companies chanting the “ESG” mantra. But what is ESG? ESG essentially comprises the following: [E] for Environmental; [S] for Social; and [G] for Governance. Most, if not all, companies are very much familiar with the [G] component. This is particularly when laws and regulations have been passed […]

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Amendments to the Industrial Relations Act 1967

Amendments to the Industrial Relations Act 1967 The Industrial Relations (Amendment) Act 2020 (“IRA 2020”) introduced several major changes to the Industrial Relations Act 1967 (“the Act”). The main changes with regard to the Act, which came into effect on 1 January 2021, may be summarized as follows.   Referral of Dismissal Cases To The […]

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Retrenchment

Five long service employees filed their section 20 representations at the Industrial Court claiming that their retrenchment by their employer was mala fide. On 16.11.2020, the Industrial Court determined that the retrenchment was carried out in good faith after considering various factors put forth by the Company, including its financial standing, sales performance at the […]

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Think Again, When You Want to be Exclusive – It could be a Potential Infringement of the Competition Act 2010

Having an exclusive dealing is quite common in today’s commercial transactions. This may be done by incorporating an exclusivity clause in commercial agreements. An exclusive dealing occurs when an enterprise enters into an agreement with another to limit the latter from dealing with the first enterprise’s competitors. Whilst having an exclusive dealing may, to an […]

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Women in Business Law Awards Asia 2020

In 2019, our Partner and Head of the Firm’s Loans & Debt Restructuring department, Khong Mei Lin, won the Individual Award for “Best in Restructuring & Insolvency” at the Euromoney Asia Women in Business Law Awards 2019. Mei Lin was the only Malaysian winning an Individual Award at this prestigious event. For the full list […]

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Companies (Amendment) Bill 2020

In the midst of the COVID-19 pandemic, the Companies (Amendment) Bill 2020 is tipped to be tabled before Parliament in its November 2020 sitting.  The Bill is aimed at making more accessible the corporate rescue mechanisms introduced by the Companies Act, 2016 (CA 2016) namely, corporate voluntary arrangements and judicial management, as well as enhancing […]

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