29 January 2021

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COVID-19?

Partial commencement of 乐鱼体育官网’s Temporary Measures for Government Financing (Coronavirus Disease 2019 (Covid-19)) Act 2020 and Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (Covid-19) Act 2020?

Banking & Finance?

Bank Negara 乐鱼体育官网 issues Policy Document on Licensing Framework for Digital Banks?

Capital Markets?

Securities Commission 乐鱼体育官网 introduces new framework to facilitate offering of Islamic funds with waqf features?

Bursa 乐鱼体育官网 expands market making framework?

Securities Commission 乐鱼体育官网 announces enhanced general mandate for pro rata rights issue to expedite secondary fund raising for eligible listed issuers?

Competition?

乐鱼体育官网 Competition Commission and 乐鱼体育官网n?Anti-Corruption Commission to join forces in tackling leakages in government procurement?

乐鱼体育官网 Competition Commission issues final decision against General Insurance Association of 乐鱼体育官网 and its 22 members for infringement of section 4(2) of Competition Act 2010?

Corporate?

Companies Commission 乐鱼体育官网 announces extension of transitional period in relation to Guidelines for the Reporting Framework for Beneficial Ownership of Legal Persons?

Employment?

High Court holds Director General of Labour may preside over complaints relating to cash payments such as retrenchment benefits and bonuses

Partial commencement of 乐鱼体育官网’s amended Employees Provident Fund Act from 1 October 2020?

FinTech?

Securities Commission 乐鱼体育官网 issues guidelines on digital assets

Litigation?

Amendments to Court of Judicature Act, Subordinate Courts Act, Subordinate Courts Rules Act in force from 22 October 2020?

Federal Court holds adverse order issued against person not notified of proceedings against him was a nullity?

Public Policy?

Harnessing opportunities from the Regional Comprehensive Economic Partnership, the world’s largest free trade pact, in South-east Asia and its partners?

Real Estate?

Federal Court holds house rule prohibiting short-term rentals of residential units not in violation of section 70(5) of Strata Management Act 2013?

乐鱼体育官网’s revised National Land Code in operation from 15 October 2020?

Regulatory & Compliance?

乐鱼体育官网 Currency Act 2020 in force from 1 October 2020?

Restructuring & Insolvency?

Insolvency (Amendment) Act 2020 gazetted

General?

Amendments to Road Transport Act in force from 23 October 2020?

Publications?

Getting the Deal Through: Agribusiness 2021?

The Merger Control Review 2020?

Deals?

Establishment of an unrated Sukuk programme of up to MYR1 billion in nominal value based on the Shariah principle of Murabahah (via Tawarruq arrangement) by SOP Capital Sdn. Bhd.?

Issuance of MYR260 million in nominal value of ASEAN Green SRI Sukuk based on the Shariah principle of Murabahah (via Tawarruq arrangement) by Solar Management (Seremban) Sdn. Bhd.

Acquisition by ICG Asia Pacific Fund IV of the entire issued share capital of TF Value-mart Sdn. Bhd. from KV Asia Capital

S$61.7 million acquisition of entire e-commerce, e-commerce enabler and logistics business by Synagistics Pte. Ltd.?

Awards & Rankings?

Rahmat Lim & Partners and its network firms continue to be recognised as leading law firms in South-east Asia by Chambers and Partners in its 2021 rankings?

Rahmat Lim & Partners and Allen & Gledhill win Deal of the Year awards at FinanceAsia Achievement Awards 2020?

Rahmat Lim & Partners maintains Tier 1 ranking in M&A and continues to have the highest number of Highly Regarded Lawyers in 乐鱼体育官网 in the thirtieth edition of IFLR1000?

Six lawyers from the Allen & Gledhill network featured in IFLR Asia Best Lawyers 2020 guide?

Ho Wei Lih recognised in Asian Legal Business 40 under 40?