A Penang company says an amendment to the Companies Act during the movement control order has prevented it from recovering its debt.
It said the Companies Order 2020, gazetted on April 23 during the second month of the MCO, was gazetted without going through Dewan Rakyat for debate, and was inconsistent with the Companies Act.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cinema companies in Malaysia tighten belts amid revenue downturn from MCO | Malay MailKUALA LUMPUR, May 26 — Faced with the spectre of the ongoing Covid-19 pandemic, cinema chains across Malaysia have begun taking steps to remain afloat while attempting to lessen its impact for the rest of the year. One such organisation is TGV Cinemas Sdn Bhd, which operates 36 cinemas... aponakdikato newnormal Hang on. I miss the cinemas too. Reopening shop selling CD, DVD back lahhh
Source: malaymail - 🏆 1. / 86 Read more »