投稿者名:Likearisingsun

Article about representations and warranties 2

Representations and Warranties – Part 2 4               Effects and Functions of Representations and Warranties 4.1           Terminating the M&A transaction and claims for damages When a Representation was inaccurate, and/or a Warranty had been clearly breached:(i) The breaching party is deemed not to have fulfilled its pre-contractual representation, and the aggrieved party has the right to […]

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Entry of Business Traveller to Malaysia

In order to encourage more foreign direct investment, Malaysian government has set up a One-Stop Center (OSC) to facilitate the approval process for business travellers who make trips to Malaysia, either for short-term or long-term business purposes. Currently they are improving the process from manual application to a more digitized application and approval process, in

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Article about representations and warranties 1

1               What are Representations and Warranties Clauses? Representations and Warranties is where a party in a contract promises the other party that the facts or legal related matters of the object of the contract are true and accurate, at the time or prior to entering into the contract.There are two main provisions, which are provisions

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Serial article regarding M&A on NNA (vol.57)

A serial article (vol.57) regarding M&A in Malaysia written by our CEO was featured on The Daily NNA Malaysia Edition (Dec 16, 2020 No.06865). An article on Representations and Warranties. Representations and Warranties clause is one of the most common clauses that you will see in a typical business contract.https://www.nna.jp/news/list/malaysia

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Article about revising the transaction price under Covid-19

1               Where the issues arise  In an M&A transaction, the buyer and seller will enter into a binding contract such as a Share Purchase Agreement (“SPA”), and then M&A transaction will be executed based on that contract. The execution of the M&A transaction is called Closing. It could typically take a few months to over

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真の受益者の開示に係るNewsletter

マレーシアでは、長年にわたり、名義貸人(ノミニー)の名義で株主や取締役の登記がなされるということが幅広く行われてきました。ブミプトラ(マレー系及び先住民)が株主の過半数を占めていなければならないという国営企業の入札要件や各種ライセンスの取得要件を満たすためにローカルの中華系やインド系がブミプトラの名義を借りたり、外資規制を満たすために外資がローカルのノミニーを利用したり、また、資本家が自分の名前が表に出ることを避けるためにノミニーを利用したりといった場合が典型例です。しかし、ノミニーが使われると真の権利者が誰であるか不明となり、マネーロンダリングやテロ組織への資金提供 (AML) の防止に支障を来すことから、マレーシア登記所 (SSM)が2020年2月に新たにガイドラインを策定し、AML対策の強化のため、法人の真の受益者(Beneficial Owner)の報告を求めようとしています。

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Article about Malaysia’s largest home center chain store’s IPO

Outline of Mr DIYMr DIY is Malaysia’s largest home center chain store. They opened their first store in 2005 and 15 years since then, they have grown and expanded to 640 stores throughout Malaysia with 80 million customers per year. They have their shops in malls such as Aeon, Tesco, and Giant, frequently presented as

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