6 February 2024
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ADR
Highlights of AIAC Arbitration Rules 2023
Banking & Finance
Senate passes Finance Bill; Stamp Act and Labuan Business Activity Tax Act among legislation affected
Corporate & Commercial
Companies (Amendment) Bill 2023 passed in Senate, amendments to improve corporate governance framework and corporate rescue mechanism
Companies Commission Malaysia revises Code of Ethics for Company Director and Company Secretary
Employment, Health & Safety
Trade Unions (Amendment) Bill 2023 passed in Senate
Court of Appeal finds employees can be made redundant if company downsizes due to business and economic circumstances
Energy, Infrastructure & Projects
Malaysia takes a significant step towards its net zero goals: Dewan Rakyat passes Energy Efficiency and Conservation Bill 2023
Malaysia introduces National Energy Transition Roadmap
Litigation
High Court considers issue of illegality in application to set aside recognition of foreign judgment
High Court confirms concurrent recoverability of contractual refunds and liquidated ascertained damages
Publications
Chambers Global Practice Guide to Energy: Oil & Gas 2023
The International Comparative Legal Guide to Foreign Direct Investment Regimes 2024 (5th Ed)
CDR Essential Intelligence: The Belt and Road Initiative 2024
Deals
US$380 million syndicated financing facilities to Sarawak Petchem Sdn. Bhd.
S$2,185,490,000 Syndicated Term Loan Facilities granted by Singapore financial institutions to Boulevard Development Pte. Ltd. and Boulevard Midtown Pte. Ltd.
US$70,000,000 Syndicated Term Loan Facility granted by HSBC Bank Malaysia Berhad, Maybank Singapore Limited and Oversea-Chinese Banking Corporation Limited to HARPS Global Pte. Ltd.
Banking facilities of up to RM205,000,000 granted by OCBC Bank (Malaysia) Berhad to VDC Cerulean Sdn. Bhd. (formerly known as MyTelehaus Data Centres Sdn. Bhd.)
Term loan facility of up to RM233,000,000 granted by AmBank (M) Berhad as lender to Dominion Nexus Sdn. Bhd. as borrower
Disposal of APIIT Education Group by Asia Pacific Education Holdings Sdn. Bhd. to TPG’s The Rise Fund
Pavilion Real Estate Investment Trust's acquisition of Pavilion Bukit Jalil mall from Malton Bhd.
Awards & Rankings
Rahmat Lim & Partners and firms in the Allen & Gledhill network continue to be recognised as leading law firms in the region by Chambers and Partners in its 2024 rankings
