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(Face To Face Training) The New Companies Act 2016 & Its Updates, 22-23 June 2022 @ Le Meridien Kuala Lumpur

PROGRAM OVERVIEW

Effective on 31 January 2017 Companies Act 2016 has repealed Companies Act 1965 (Act 125) (“CA 1965”) and has changed the landscape of company law in Malaysia. This will undoubtedly transform the local corporate landscape and support the ease of doing business in Malaysia.

The Act aims to spur entrepreneurship, deregulate aspects of the corporate process, and introduce the concept of corporate rescue mechanism for ailing companies. This seminar will offer information and insights into the Act that would change the whole landscape of current company laws practices where new procedures and documentations will be used. Though certain simplifications on corporate administration have been introduced, the legal and governance aspects of corporation continue to be high.

10 Key Updates and Latest Changes to the Companies Act via the Companies Amendment Bill 2019

  1. Section 66 only to apply to specific type of documents
  2. Redemption of Preference Shares out of capital (Section 72)
  3. AGM of Public Company: Appointment of Auditor – S.340
  4. Dismissals of Applications for Judicial Management Order – S.409
  5. Companies to provide sufficient Security for Costs – S.580A
  6. Definition of “subsidiary” and “holding company” – Section 4
  7. Power to alter share capital – Section 84
  8. Application to disallow variation of class rights – Section 93
  9. Accounting periods of company within a group – Section 247
  10. Qualification of liquidator – Section 433

100% HRD Corp Claimable Course: Skim Bantuan Latihan Khas

For more information, please contact the following Program Consultant:

Mr. Azrul / email: azrul@cfrontier.com / Tel: +6088731410

Ms. Tracy / email: tracy@cfrontier.com / Tel: +6088731570

Ms. Emily / email: emily@cfrontier.com / Tel: +6088731412

Ms. Joan / email: joan@cfrontier.com / Tel: +6088731575

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Willaim Wright

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ATTENTION!!!

In line with the announcement from the Ministry of Finance in October 2023, we wish to inform you about an upcoming changes in the Sales and Service Tax (SST) rate in Malaysia.

Effective March 1, 2024, the SST rate will be increased from 6% to 8%. As a result of this adjustment, there will be changes in the pricing of our training services provided by CF Learning Services Sdn Bhd starting March 2024 onwards.

We understand the importance of transparent communication and aim to minimize any inconvenience this may cause. If you have any questions or concerns regarding this change, please do not hesitate to reach out to our customer service team.

Thank you for your continued support and understanding.