Jurisprudentia Q2 2024

30 July 2024

Download PDF

ADR

Court of Appeal finds parties’ refusal to pay deposit required by AIAC Rules rendered arbitration agreement inoperative  

Banking & Finance

BNM issues policy document on Currency Processing Business

BNM issues policy document on Disposal and Purchase of Impaired Loans/Financing

BNM issues policy document on Electronic Know-Your-Customer

Competition

High Court dismisses MyCC leave application for judicial review

Eight contractors face possible fines for bid rigging

Corporate & Commercial

CCM issues Guidelines for the Reporting Framework for Beneficial Ownership of Companies

Cybersecurity & Data Protection

Cyber Security Bill 2024 passed in Parliament

Litigation

Court of Appeal affirms application of double actionability rule in claim for a tort that occurred in foreign country

Regulatory & Compliance

Unlocking sustainable solutions: A glimpse into the Bursa Carbon Exchange

Publications

Practical Law Banking Regulation in Malaysia 2024: Overview

The International Comparative Legal Guide to Project Finance 2024 (13th Ed) 

Global Legal Insights to Cartels 2024 (12th Ed) 

Lexology Panoramic – Risk & Compliance Management 2024 

Deals

US$230 million facility granted to Eastern Steel Sdn. Bhd.

Commodity Murabahah Term Financing Facilities made available by Maybank Islamic Berhad to Kwasa Properties Sdn. Bhd. and Ombak Real Estate Sdn. Bhd.

Term loan facility of up to the MYR equivalent of US$50,000,000 granted by International Finance Corporation to Yellowwood Properties Sdn. Bhd.

Development and Construction of Extreme Ultraviolet (EUV) Related Facilities for Manufacturing of Next Generation of DRAM, The 1-Gamma (1γ) Node in Japan

Penang Light Rail Transit Project, Malaysia

Rapid Transit System Link Project, Malaysia and Singapore

Proposed initial public offering and listing of units in Prolintas Infra Business Trust on the Main Market of Bursa Securities Berhad

Disposal by Frasers Centrepoint Trust of 100% of the units held by FCT in Hektar Real Estate Investment Trust

Investment by Dialog Group Berhad in a malic acid plant in Gebeng, Kuantan

Sale of 70% stake held by Reco City Square JB Sdn. Bhd. in Johdaya Karya Sdn. Bhd. to Aldertree Properties Sdn. Bhd.

Acquisition by FWD Group of a further stake in FWD Takaful Berhad, resulting in FWD Group becoming the majority shareholder in FWD Takaful

Acquisition of a substantial stake in FMX (M) Sdn. Bhd.

Acquisition of 100% issued share capital of Gourmessa Sdn. Bhd., certain assets of Pok Brothers Sdn. Bhd. and the leasehold lands located in Pulau Indah, Selangor

Awards & Rankings

Rahmat Lim & Partners continues to be ranked in Benchmark Litigation Asia-Pacific 2024

Rahmat Lim & Partners wins Equity Market Deal of the Year award at the ALB SE Asia Law Awards 2024

Rahmat Lim & Partners ranked as a leading Intellectual Property Practice by World Trademark Review 1000

Rahmat Lim & Partners' Intellectual Property Practice maintains rankings for Trade mark work in Managing IP’s IP Stars 2024