Company

Under the Companies Act 2016, a general prohibition exists where companies are typically restricted from extending loans to their directors or related companies, as well as providing guarantees or security for loans taken by directors from external parties, including the concept of loan to director (subsection 224(1)). Nevertheless, it’s vital to note that exceptions to …

Loan to Director Read More »

In the vibrant business landscape of Malaysia, company director play a pivotal role in steering the ship of corporate success. Picture this: A boardroom discussion, where decisions are made, strategies are formulated, and visions are turned into reality. A pivotal moment:   Director A: “Our company’s performance is impressive, but are we aligned with Malaysia’s …

Company Director in Malaysia Read More »