The Pros and Cons of Running a Family Owned-Business

Spark Let’s Talk by Maxis Business is a talk show that welcomes prominent Malaysian entrepreneurs to discuss opportunities and problems faced by SMEs in Malaysia, particularly as they adjust to the new normal. For startup entrepreneurs or those looking forward to learn something, this is a show for you. Today we will be looking at… Continue reading The Pros and Cons of Running a Family Owned-Business

Who is Not Eligible to Become a Director of Sdn. Bhd.

Click here to read the Chinese version 点击此处阅读华语版本 Before opening a company, it is necessary to know and understand the qualifications and disqualifications of company directors. Other than that, it is important that directors of Malaysian companies act according to the responsibilities of their duties in order to avoid breaching the company law and committing… Continue reading Who is Not Eligible to Become a Director of Sdn. Bhd.

Distribution Strategies for the Food Manufacturing Industry

Maxis Business Spark series, Let’s Talk invites business owners from various industries to share, discuss and debate business strategies. Episode 3 of this series is called “Spark Let’s Talk: From Production to Consumption”, it has focused on the food manufacturing industry and what strategies they took to sustain the business. Guests invited to this episode are… Continue reading Distribution Strategies for the Food Manufacturing Industry

Is There a One-Size Fits All Strategy For F&B?

Spark Let’s Talk by Maxis Business is a talk show that invites leading Malaysian entrepreneurs to share their perspectives about opportunities and issues encountered by SMEs in Malaysia, especially when businesses are adapting to the new normal. Episode 1 of this series has focused on the Food and Beverages (F&B) sector as it is one… Continue reading Is There a One-Size Fits All Strategy For F&B?

How to Switch Company Secretary to Boss Boleh

Appointing a company secretary is a must for all Sdn Bhd owners according to Malaysian Law. However, there are chances that you Appointing a company secretary is a must for all Sdn Bhd owners according to Malaysian Law. However, there are chances that you might have unpleasant experiences with your current company secretaries. Common reasons… Continue reading How to Switch Company Secretary to Boss Boleh

Are Foreigners allowed to open Sdn Bhd and hold 100% share in Malaysia?

Fellow foreign investors, have you been wondering what industries in Malaysia are allowed for you to hold 100% equity? Allow us to answer that doubt for you in this article!  Businesses Popular With Expatriate Investors On 22nd April 2009, The Malaysian government had made the decision to liberalise the services industry in an effort to… Continue reading Are Foreigners allowed to open Sdn Bhd and hold 100% share in Malaysia?

The Differences between Franchising & Licensing

Both franchises and licenses are commercial contracts that allow for the sharing of specific brand elements in return for a price. A franchising agreement, on the other hand, covers a company’s whole brand and activities, but a license deal only applies to registered trademarks. Franchises often work best for service-based businesses, while licenses are more… Continue reading The Differences between Franchising & Licensing

Resignation & Removal of Director

A director is a person who serves on the board of directors of a corporation. The procedure for resignation of director and removal of Director by the Board or Shareholders differs. The outgoing Director can resign by submitting a resignation letter, however the removal of the Director would require a ordinary resolution. We will take… Continue reading Resignation & Removal of Director

DBKL shuts down 597 business premises run by foreigners

Kuala Lumpur City Hall (DBKL) has ordered the closure of 597 foreign-owned businesses under Section 101 (1) (v) of the Local Government Act 1976. The order, which took effect on July 20, 2020, forbids foreign nationals from seeking licenses for up to twenty different types of businesses. Hypermarket, supermarket, mini mart, sundry shop, 24-hour convenience… Continue reading DBKL shuts down 597 business premises run by foreigners