In Depth

Create a legal 'shield' from Covid-19 events

It is certainly not within the contemplation of most Malaysians to have their lives come to a grinding halt hence it would be utterly unjust to hold them liable for their failure to fulfill their contractual obligations, under the circumstances.

Should I buy now? DEPENDS...

At the EdgeProp.my Facebook LIVE Fireside Chat titled ‘Undervalued Properties: Opportunities or Risk?’which took place last Friday April 10, several EdgeProp.my’s Pro Agents gave their views on the current market environment and some advice for property buyers.

COVID-19: Malaysia stays ahead of the curve with temporary winding-up protection for companies

On April 10, 2020, the Companies Commission of Malaysia firstly increased of the prescribed amount for the statutory demand to RM50,000. This debt threshold is not particularly high, especially for larger businesses. I do not expect this increased amount to make a significant difference for companies in debt.

Secondly, there was an amendment of the 21-day period in the CA 2016. The minister has substituted this for a six-month period. So, a debtor company now has a six-month window before there is an actual filing of the winding-up petition.

Four ways to save electricity when working from home

The air-conditioning and lights in your “home office” are always switched on now as you try to get it as cool and as bright as your normal office but then you are constantly reminded that the one paying the electricity bill is, YOU.