Category archive: In the Media

Rail: More efficient transport will reduce logistics costs and boost trade

by Raymond Mah, Gan Chong Chieh
China’s high-speed trains have been sold to 102 countries and regions. $18 billion worth of high-speed rail-related agreements were signed last year alone, up 40 percent from a year earlier.
A big part of this push to build more state-of-the-art rail infrastructure is the result of the ambitious Belt and Road…

Jo Yan Lim features in 2015 M&A and Corporate Finance Handbook

LONDON, 03 June 2015: Financier Worldwide is pleased to announce that Jo Yan Lim of MahWengKwai & Associates LLP  has been recognised as a leading expert in its 2015 M&A and Corporate Finance Handbook.
Jo Yan was showcased as a recommended professional in Malaysia. Financier Worldwide’s Handbook contains detailed profiles of leading experts from around the…

BNM raises interest rate to 3.25%, as expected

As has been widely expected, Bank Negara Malaysia (BNM) Monetary Policy Committee raised the overnight policy rate (OPR) by 25 basis points to 3.25%.
In a statement today, BNM said: “The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 3% and 3.5% respectively.”
The central bank last raised the interest rate…

MWKA recommended by Legal 500 Asia Pacific 2014

The Legal 500 Series, now in its 26th year, is widely acknowledged as the world’s largest legal referral guide. More than 250,000 corporate counsel are surveyed and interviewed globally each year.  The Legal 500 is an independent guide, and firms and individuals are recommended purely on merit.  It is the only guide to truly reflect…

Malaysia Budget Signals Reform, but Implementation is Key

The Malaysian government’s restatement of its commitment to lowering the Federal Government deficit, and introduction of the Goods and Services Tax (GST), are potentially constructive steps, says Fitch Ratings. But a track record of budget management remains key to limiting further credit pressure on the sovereign rating.
The Outlook on the sovereign’s ‘A-‘ Foreign- and ‘A’…

Court forfeits cash worth RM8.3m

NO DEAL: 765 claimants of Ponzi scheme lose out on their investments
PUTRAJAYA: THE hopes of 765 claimants to secure RM8.3 million, which was part of a RM100 million Ponzi scheme, was dashed  yesterday  by the Court of Appeal following its decision  to allow the prosecution’s appeal to forfeit the money.
The forfeited money would be channelled…

Novel Land Acquisition matter – Cemetery Arch not demolished

20 June 2010

Lawyers: Raymond Mah & Carmen Teh Poh Luan

CJ: An independent and impartial judiciary is critical to winning public confidence

KUALA LUMPUR: The Malaysian Bar is confident the next Chief Justice (CJ) will continue the policy of appointing judges from the Bar.
Its president Lim Chee Wee said this in congratulating the four members of the Bar who had been elevated to the Court of Appeal and High Court on Tuesday.
Justice Ananthm Kasither was promoted to the Court…

No leave for judicial review in Jalan Tanjung matter

November 22, 2010
BANDAR Utama City Corpora­tion (BUCC) and Bandar Utama Technology Park have failed in their bid to apply for leave for a judicial review against Selangor’s intended acquisition of the private land in Jalan Tanjung.
Application for leave for judicial review dismissed
The Shah Alam High Court had on Nov 3 dismissed the applicants’ application for…

Ex-Directors charged and acquitted

18 May 2010
KUALA LUMPUR: A former managing director and two directors were acquitted and discharged by the Sessions Court here of four counts of submitting false statements to Bursa Malaysia Securities Bhd.
Datuk Jamaluddin Hassan, 48, Hakim Sukirman, 49, and Gan Chin Sam, 50, formerly of Satang Jaya Holdings Bhd (now known as Satang Holdings) were…