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Briefing on

Companies Act

2016 To educate the participants on the overview

of Companies Act 2016 (Act 777)

C ompanies Act 2016 (Act 777) was Companies Reporting: Shares, Capital, governance and corporate responsibility;
facilitate starting a business and reduce
Audit and Financial; Managing Companies:
gazetted on 15 September 2016
Corporate Insolvency Framework; and
the cost of doing business; simplification of
to provide a regulatory framework
to facilitate starting a business and to accord
in managing the affairs of companies.
Requirements.
protection to corporate directors and other Managing Companies: Other Compliance compliance provisions; and provides flexibility
stakeholders of a company.
Mdm. Ravinderjit highlighted the impacts The briefing was attended by STIDC
A briefing was conducted at STIDC of the Companies Act 2016 including board and management members, staff
Headquarters in Kuching, Sarawak enhancing internal control, corporate and subsidiaries.
on 15 February 2017 to educate the
participants on the overview of the said
Act. The briefing was moderated by
Mdm. Ravinderjit Kaur, Head of Unit of
Companies Commission of Malaysia
Training Academy.

The briefing discussed topics such as
Modernising Entrance into Corporate
Sector; Managing Companies: Directors
and Officers, Shareholders; Managing