By Gan Jer Nynn & Dickson Loo Introduction How is McDonald’s (“McD”) so successful? While due credit should be given to their iconic crispy fries, their franchising programme also played a vital role in the expansion and development of the McD brand worldwide. In fact, according to McD’s website, its franchising programme is so[Read More]
Author Archives: admin
By Dickson Loo & Joseph Cheah Introduction ‘Asset management’ or ‘capital market activities’ are general terms used to describe a plethora of exercises, including dealings with securities, private retirement schemes, and financial planning. How exactly are these activities governed in Malaysia? What safeguards are afforded to investors and the general public? In this article,[Read More]
By Gan Jer Nynn & Joseph Cheah Joint Petition According to the Marriage and Divorce Statistics, Malaysia, 2020 which was released on the 30th November 2020, the stats are as follow: Year Number of Marriages 2018 206,352 2019 203,821 (1.2% decrease) Year Number of Divorces 2018 50,862 2019 56,975 (12% increase) Although[Read More]
By Joseph Cheah On 11th March 2021, Mike Winkelmann – a digital artist more popularly known as Beeple, has sold his artwork ‘Everydays – The First 5000 Days’ in an auction for $69.3million. The auction house that sold this artwork, Christie’s, said that this makes him the top three most valuable living artists. What’s[Read More]
By Dickson Loo & Joseph Cheah Introduction Unlike a standard ‘Sdn Bhd’ company incorporated under the Companies Act 2016, a Labuan company established within the special economic zone in the Federal Territory of Labuan is afforded a low tax regime. As a company incorporated under the Labuan Companies Act 1990, it is generally only required[Read More]
By Joseph Cheah On 19th February 2021, the Federal Court has fined online news portal Malaysiakini for contempt of court over readers’ comments. Interestingly, the Attorney General had recommended a fine of RM200,000 only, however the Court had imposed a fine of RM500,000 instead. The Facts: On 9th June 2020, Malaysiakini had published an[Read More]
By Joseph Cheah With Malaysia being under lockdown for a little while longer as we cope with the pandemic, many businesses have made the conscious decision to allow their workers to work from home, so long as the nature of work permits. With people spending more time online than ever before, this may expose an[Read More]
Facts: A&M Beauty Wellness Sdn Bhd (“A&M”) is a personal care company and has skincare and beauty products. It sought an injunction against Shopee to force them to remove all products bearing the ‘AM’ brand (until conclusion of a trial). Decision of the Court: Shopee is not obligated to remove the products. The[Read More]
By Joseph Cheah You probably read and heard a lot of talk about GameStop stocks (“GME”) skyrocket as social media warriors take on Wall Street giants. On 4th January 2021, GME closes at $17.25. As at 29th January 2021, the stock price closes at a whopping $325.00. That is about 1884% increase in 25[Read More]
Legislation, Real Estate
Federal Court : LAD for late delivery of home to be calculated from the date of payment of booking fee
By Joseph Cheah In a landmark decision by the Federal Court on 19th January 2021, the Court held that if the developer fails to deliver vacant possession within the stipulated time, the calculation of the Liquidated Ascertained Damages (“LAD”) shall begin to run from the date of payment of the booking fee. A. [Read More]