For anyone looking to include arbitration clause in agreements for arbitration in Malaysia, you may want to consider adopting the following model arbitration clause under the AIAC Arbitration Rules 2021: โ๐๐ฏ๐บ ๐ฅ๐ช๐ด๐ฑ๐ถ๐ต๐ฆ, ๐ค๐ฐ๐ฏ๐ต๐ณ๐ฐ๐ท๐ฆ๐ณ๐ด๐บ, ๐ฅ๐ช๐ง๐ง๐ฆ๐ณ๐ฆ๐ฏ๐ค๐ฆ ๐ฐ๐ณ ๐ค๐ญ๐ข๐ช๐ฎ ๐ข๐ณ๐ช๐ด๐ช๐ฏ๐จ ๐ฐ๐ถ๐ต ๐ฐ๐ง ๐ฐ๐ณ ๐ณ๐ฆ๐ญ๐ข๐ต๐ช๐ฏ๐จ ๐ต๐ฐ ๐ต๐ฉ๐ช๐ด ๐ค๐ฐ๐ฏ๐ต๐ณ๐ข๐ค๐ต, ๐ช๐ฏ๐ค๐ญ๐ถ๐ฅ๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ ๐ฑ๐ฆ๐ณ๐ง๐ฐ๐ณ๐ฎ๐ข๐ฏ๐ค๐ฆ, ๐ฃ๐ณ๐ฆ๐ข๐ค๐ฉ, ๐ต๐ฆ๐ณ๐ฎ๐ช๐ฏ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ณ …
1. Save for in the case of a company having only one member, two members personally present at a general meeting or by proxy shall be a quorum unless a higher number is specified in the constitution (Section 328, Companies Act 2016 (โCAโ)). In the case of a company with …
The definition section in commercial agreements usually includes โBusiness Dayโ as a defined term. A typical definition for โBusiness Dayโ reads as follows: โBusiness Dayโ means a day on which commercial banks are generally open for business in [insert state or country] for transaction of normal business (excluding Saturdays, [Sundays] …
Notice of meeting for issuance of shares by a company listed on the Main Market or ACE Market or its subsidiaries to a director, major shareholder, chief executive of the listed company or its holding company or persons connected with them must contain the details required under the Listing Requirements. …
For persons who draft announcements and circulars Bursa has issued the Reader Friendly Guide in 2019 to provide guidance to persons who prepare announcements and circulars to shareholders (collectively, โDisclosure Documentsโ) and assist them to ensure that the disclosures are clear, simple and succinct. The Guide recommends 3 principles for …
When parties carry out their obligations under an agreement, they may be able to carry out the obligations only on a working day. This is usually achieved by providing in the agreement that the obligations would be done on a โBusiness Dayโ. A typical definition of โBusiness Dayโ provides that …