The Companies Act 2016 (“CA 2016”) of Malaysia repealed the Companies Act 1965 (“CA 1965”) with effect from 31 January 2017. The CA 2016 introduces some important changes relating to directors. This article highlights ten changes under the CA 2016, which directors should take note of. 1. Definition of Directors …
The Companies Act 2016 of Malaysia (“CA 2016”) repealed the Companies Act 1965 (“CA 1965”) on 31 January 2017. The CA 2016 brings various changes to the way companies conduct their businesses. Some of the changes relate to the way written resolutions are passed by members of companies. Compared to …