SSM proposes amendment to Companies Bill | Malay Mail

SSM chairman Datuk Seri Hasnol Zam Zam Ahmad said some of the initiatives introduced by the agency to reduce the burden of companies affected by Covid-19 were temporary and not a long-term protection mechanism. — Picture by Ahmad Zamzahuri

SSM chairman Datuk Seri Hasnol Zam Zam Ahmad said some of the initiatives introduced by the agency to reduce the burden of companies affected by Covid-19 were temporary and not a long-term protection mechanism. “The existing provisions of the act may not provide an effective protection to the business community and the change in the existing act is necessary to provide a more sustainable and effective mechanism in the future.

Commenting on the number of companies that have folded up due to the Covid-19 pandemic, Hasnol Zam Zam said the details would only be known as early as the first quarter of next year.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

China opens more industries to foreign investment | Malay MailBEIJING, June 24 — China announced today it was expanding the number of sectors open to foreign investment, relaxing international ownership caps on brokerages, futures companies and life insurance firms. The scaling back of the so-called “negative-list” comes as the country works to revive...
La source: malaymail - 🏆 1. / 86 Lire la suite »