Written by Richard Wee and Ding Huoy Huoy In March 2022, the Digital Markets Act (“the DMA”) was approved by the European Parliament to limit the power of the large tech companies in the digital…
The Companies (Amendment) Act 2024 (“Amendment Act”) came into force on 1 April 2024, with four provisions namely on changes to the content of a company’s annual returns, changes to the kinds of companies exempted from Division 8 Subdivision I , and a new option to publish or advertise information on the CCM website to come into force at a later date. It lays out a framework for the identification of a company’s beneficial owners, and revises existing provisions on scheme meetings and corporate rescue mechanisms.
By Richard Wee and Chu Kei Yuen Overview The Cyber Security Bill 2024 (“the Bill”) was passed by the Dewan Negara on 3 April 2024. The Bill aims to improve Malaysia’s cyber security by requiring…