On 15 July 2021, the Securities Commission Malaysia (“SC”) issued the Guidelines on Offer of Shares by Unlisted Public Companies to Sophisticated Investors (SC-GL/1-2021) (“Guidelines”) which shall take effect on 1 August 2021. Unlisted public companies (“UPCs”) are not required to obtain SC’s approval under Section 212 of the Capital Markets and Services Act 2007...Read More

The Supreme Court of the United Kingdom delivered its judgment on a claim brought against Uber BV (and other Uber companies) by some Uber drivers (see Uber BV and others (Appellants) v Aslam and others (Respondents) [2021] UKSC 5). The main issue that arose in this case was whether the respondents were workers of Uber and...Read More

The Traditional and Complementary Medicine Act 2016 (“TCMA”) which regulates that traditional and complementary medicine in Malaysia received its royal assent 6 years ago on 2 March 2016. However, the Traditional and Complementary Medicine Regulations 2021 only came into effect on 1 March 2021. That said, any person who intends to practise traditional and complementary...Read More