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    Ainul Azam & Co's News

News


February 2017 We are pleased to announce the appointment of Mr. Shameer bin Othman, former Partner of Messrs Nik Saghir & Ismail, as a Senior Associate to our firm on 1 February 2017.
January 2017 We are pleased to announce the appointment of Ms. Nurul Amalina Shafinaz binti Abu Sopian as an Associate to our firm on 3 January 2017.
December 2014 Advised a Malaysian bank in respect of loan granted to a Malaysian company relating to a construction project under PR1MA
December 2014 Successfully advised client in relation to a lease arrangement with Lulu Hypermarket, a hypermarket chain and retail venture with headquarters in Abu Dhabi.
November 2014 Advised a Malaysian bank in respect of loan granted to a Malaysian company relation to an acquisition of shares in a Singaporean company
June 2014 Successfully advised client with respect to capital reduction exercise of a PMA status in Indonesia.
January 2014 Successfully advised client in relation to the acquisition of Capital Square Mall, Kuala Lumpur.
January 2013 We are pleased to announce the promotion of Mohd Saiful Hadi to a partner of Ainul Azam & Co.
January 2012 ENFORCEMENT OF COMPETITION ACT 2010

The Malaysian Competition Act 2010 ("the Competition Act") comes into force on 1 January 2012 prohibits anti-competitive activities, such as horizontal and vertical anti-competitive agreements and abuses of dominance.

Generally, price-fixing agreements, marking sharing agreements and bid-rigging agreements and other collusive 'cartel’ (i.e. pakat in Bahasa Malaysia) agreements are considered to be anti-competitive.

The regulator of the Competition Act, the Malaysia Competition Committee ("MyCC") has extensive enforcement powers of investigation and enforcement and to issue directions and make decisions.

The proposed guidelines on the application on the Competition Act have already been posted on the website of MyCC. These guidelines are not yet definitive as they are still subject to a public consultation process.

In anticipation of the enforcement of the Competition Act, we have since year 2011 developed and implemented a Competition Compliance Programme for our corporate clients to ensure that the position of our clients is protected as regards to the coming into force of the Competition Act.

For further insight on the application of the provisions of the Competition Act to your business activities, please read the FAQs or contact us at mail@azamlaw.com or call 03 -2171 1484 and speak to Brenda Yong.

July 2010 We are pleased to announce the appointment of Mohamad Izwan Abd Rahman as an Associate to our firm.
May 2010 We are pleased to announce the appointment of Tuan Haji Yussof Ahmad, former Chairman of Industrial Court of Malaysia, as Consultant to our firm.