LHAG Advocates And Solicitors LHAG Advocates And Solicitors

News & Publications

26 August 2019

Autos

DRB-Hicom expects auto business to remain resilient

Tan Chong Motors’ TCIE Vietnam files claim against Nissan Vietnam in Hanoi

Banks

Bank Negara Malaysia’s measures possibly insufficient to immediately woo back players

SME Bank embarks on digital transformation programme

Capital markets

Malaysia, Japan in talks on possible second yen-denominated bond

Homegrown SDS aims to raise RM24 million from ACE Market listing

Competition

Stern action against contractors found ganging up to win government contracts

Earnings

Malakoff’s Q2 earnings affected by maintenance works at Tanjung Bin facility

Boustead Heavy Industries’ Q2 profit plunges 60%

Healthcare

Malaysia has done well in playing catch up in medical tourism

Infrastructure

UEM Edgenta on investors’ radar

Putrajaya evaluating Maju’s ‘attractive’ takeover offer for PLUS Malaysia

Insolvency

Investors to have second shot at Langkawi’s five-star Tanjung Rhu Resort, surrounding 1,000 acres

Insurance

Gibraltar BSN Life introduces first-in-market WhatsApp e-policy delivery system, Chatbot GINA

Management

Lembaga Tabung Haji names new group MD/CEO wef 1 September

Media

iFlix founder/CEO on how it intends to fend off challengers

Oil and gas

Dayang Enterprise’s Q2 profit rises to RM55 million

Petronas Dagangan’s Q2 profit down 45%

Property

Developers accountable for promises made in marketing materials

Hektar REIT intends to double or even triple assets in next decade

Transport

Dego Ride open to allowing riders to work for courier or food delivery services

Introduction of Go-Jek could be more bane than boon

MyCar wants government to reconsider decision

ASIA

Economy

Hong Kong faces first recession in a decade

Legal services

Japan’s Nishimura & Asahi acquiring Thailand’s SCL Law

Retail

IKEA opening four more stores in China by August 2020

Technology

Vietnam is Grab’s next major growth market

AUSTRALIA

Airlines

Virgin Australia’s new CEO may lack room to manoeuvre because of predecessor’s decisions

Construction

Building materials maker Boral flags weaker profit, forming JV with Germany’s Gebr Knauf

Real estate

Dream home built less than two years ago available for A$3.8 million

Luxury Bellevue Hill home snapped up for more than A$10 million

Sydney’s most exclusive enclaves boast incredible views, and even more impressive price tags

Tax

Shell hit with A$755 million bill as Australian Taxation Office pursues MNCs over tax avoidance

Technology

Australia setting up framework to block domains hosting extremely violent content

SINGAPORE

Employment

Workforce grappling with twin challenges of ageing population, technological disruption

Energy

Refining margins should receive boost eventually from new IMO rules

Tort

Maintenance company entirely to blame for worker’s injuries

UK

Capital markets

Office space provider IWG plans to list US arm in New York for £3 billion

Islamic finance

Al Rayan under probe over money laundering controls

Wealth

Chinese super-rich to spend more on UK homes and businesses whatever outcome of Brexit

US

Antitrust

Qualcomm granted reprieve in high-stakes case

Corporate governance

Apple, Amazon bosses told to put planet before profits

Mergers and acquisitions

Third Point targeting Ray-Ban maker EssilorLuxottica

Real estate

Property owners increasingly looking for ways to bring outdoors inside their homes