Dewan Rakyat passes Companies (Amendment) Bill 2019

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KUALA LUMPUR: The Companies (Amendment) Bill 2019 aimed at clarifying several provisions in the Companies Act 2016 (Act 777) was passed by the Dewan R...

: The Companies Bill 2019 aimed at clarifying several provisions in the Companies Act 2016 was passed by the Dewan Rakyat with amendments today.

“Many of the MPs who took part in the debate expressed concerns that if it was way too easy to set up a company or free up the business ecosystem, there might be those who would take advantage of the situation for criminal activities or to cheat the people.

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