LHAG Advocates And Solicitors LHAG Advocates And Solicitors

Daily News

22 July 2019

Architecture

Argentine architect of iconic Petronas Twin Towers dies at 92

Autos

Perodua’s production ramp-up likely to benefit UMW, MBM Resources

Aviation

Malaysia Airports able to fund expansion of Penang International Airport on its own

Other than Long-Term Business Plan, what else can Malaysia Airlines do to revive golden years?

Khazanah Nasional should be allowed to cast net wide if stake in MAS is to be divested

AirAsia wants to appeal against HC ruling on passenger service charges

Capital markets

Listed companies must put anti-corruption measures in place

Dispute resolution

LHAG partner appointed to AIAC Advisory Council

[Dato’ Nitin Nadkarni heads the Energy, Infrastructure & Projects, and International Arbitration Practice at LHAG]

Energy

Lawyer named chairman of Sustainable Energy Development Authority

Islamic capital markets

UK keen to deepen trade ties with Malaysia

Bright Focus, operator of 26km Maju Expressway, plans Sukuk-to-Sukuk swap

Manufacturing

Prestar Resources MD discusses plans to list subsidiary on ACE Market next month

Oil and gas

T7 Global clinches three contracts worth total of RM100 million

Pharmaceuticals

Adventa disposes of Electron Beam despite being sole profit contributor for past three years

Plantations

Orang Asli families worried about how durian plantations are encroaching on their land

Property

Suit to recover over RM6 million in relation to Air Itam land moved to Penang High Court

Retail

Industry achieves better-than-expected growth rate of 3.8% in retail sales for Q1

Dairy Farm has shut down six Giant and Cold Storage outlets; ‘more closures expected’

Technology

Soft recovery expected in H2

Tort

Landmark ruling concerning private security companies and responsibility for workers

ASIA

Legal services

Deloitte, EY, KPMG and PwC may soon be allowed to practise law in India

Technology

Trading starts on China’s new Nasdaq-style board

AUSTRALIA

Employment

Three elements to genuine redundancy

Former rugby star’s court battle ‘test case’ between rights of employers and employees

Private-sector whistleblowers now have greater protection than public-sector counterparts

Mergers and acquisitions

AB Inbev sells Australian business to Japanese rival Asahi

Carlton & United still No 1 brewer, Asahi unlikely to sell it back to company

Real estate

Two-bedroom house in Brisbane’s south sells for A$720k in three-minute auction

EUROPE

Autos

Renault, Nissan must reinvigorate alliance and share cost of shift to electric, autonomous cars

Financial markets

EU could repeal equivalence for credit rating agencies in Australia, Brazil, Singapore and Argentina

SINGAPORE

Aviation

Changi, a juicy location for retailers, faces stiff competition from other regional hubs

Family law

Lawyer confirms Sultan of Kelantan’s split from former Russian beauty queen

Technology

Outright ban on drones neither feasible nor ideal

UK

Legal services

Prominent London firm Mishcon de Reya contemplating stock market listing

Oil and gas

Amerisur Resources receives non-binding proposal, other offers for assets

Retail

Ted Baker founder prepared to throw significant shareholding behind buyout

US

Autos

US$60k 2020 Chevrolet Corvette still might not be enough to attract BMW and Porsche drivers

Data protection

Equifax nears deal to settle data breach probes with US regulators and states

Entertainment

Avengers: Endgame passes Avatar to become biggest film of all time

Real estate

Questions linger about whether WeWork’s business model is sustainable