Lo Siaw Ching & Partners - Malacca Law Firm

21/01/2023

May the year of Rabbit brings u fortune, health, wealth, happiness and prosperity. 🧧
兔年里，Lo Siaw Ching & Partners在此祝福各位万事顺心，财运亨通，新年快乐！

22/07/2022

1. First time purchasing residential property in less than RM500,000.00 : full exemption of stamp duty

2. Purchasing residential property between RM500,000.00-RM1million: 50% exemption of stamp duty.

KUALA LUMPUR: First-time homebuyers will get a stamp duty exemption on the instrument of transfer and loan agreement under the Keluarga Malaysia Home Ownership Initiative (i-MILIKI), says Datuk Seri Ismail Sabri Yaakob. The Prime Minister said homes valued at RM500,000 and below will get a 100% exem...

21/03/2022

For Employers who are having Employees with wages less than RM2000.00, please take note of this minimum wages requirements commencing from 01.05.2022.

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KUALA LUMPUR: The Cabinet has agreed to increase the minimum wage to RM1,500 effective May 1. Prime Minister Datuk Seri Ismail Sabri Yaakob said the implementation of the policy for now would only involve private sector companies with a minimum of five workers. In his winding up speech at the 2021 U...

19/02/2022

Is Your Disposal Of Property In Malaysia In Year 2022 Be Taxable Under Real Property Gains Tax?

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Effective from 01.01.2022, the disposal of your property is not taxable under Real Property Gains Tax whenever you have acquired the property for six (6th) years and above.

05/06/2020

Property tax exemption for Malaysians for disposal of up to three properties
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Stamp duty exemption will be provided on the transfer of property and loan agreement for the purchase of home between RM300,000 and RM2.5mil. The exemption on the instrument of transfer is limited to the first RM1mil of the home price while full stamp duty exemption is given on loan agreement effect...

31/12/2018

Exemption of Real Property Gains Tax Effective from 01.01.2019

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KUALA LUMPUR (Bernama): The government has agreed to exempt the real property gains tax (RPGT) to individual Malaysian citizens who dispose of their properties at a consideration price of RM200,000 and below. According to a statement by Finance Minister Lim Guan Eng, the RPGT exemption, effective fr...

31/12/2018

Divorced Dad could be charged for contempt of court for refusing to pay maintenance for children.

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PETALING JAYA: Family law practitioners say aggrieved ex-wives can seek leave from courts to start contempt proceedings against their ex-husbands who fail to pay for maintenance of the children until they have completed their tertiary studies. Lawyer Sharmila Sekaran said this applies to any situati...

31/12/2018

Leave of Court for Bankruptcy Against Guarantors under Insolvency Act 1967

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The Court of Appeal decision in Hong Leong Bank Berhad v Ong Moon Huat [2018] 1 LNS 1612 has clarified two important points under the new Insolvency Act 1967 on bankruptcy actions against guarantors. The first issue is to clarify the protection for guarantors where all modes of ex*****on and enforce...

01/04/2018

Homebuyers reserve the right to be heard before the developer is given for the extension of time to complete a project.
Source:

PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today. The landmark decision will have far-reaching consequences....

13/02/2018

LO SIAW CHING & PARTNERS wish everyone a very happy and prosperous new year ahead. 本事务所同仁在此恭祝各位春节愉快，万事如意！

29/01/2018

Conversion of children’s religion unilaterally is null and void.
Source: https://www.thestar.com.my/news/nation/2018/01/29/federal-court-unilateral-conversion-of-indira-gandhis-3-children-is-null-and-void/

PUTRAJAYA: In a landmark decision, the Federal Court here granted an appeal by kindergarten teacher M. Indira Gandhi, who challenged the conversion of her three children to Islam by her ex-husband Muhammad Riduan Abdullah. The Apex Court on Monday nullified the conversion of her three children, Tevi...

07/10/2017

The New Bankruptcy Amendment Act – Enforced On 06-Oct-2017
Source:

On 21 November 2016, the new Bankruptcy (Amendment) Bill 2016 was tabled in Parliament for its First Reading. It has now been passed as the Bankruptcy (Amendment) Act 2017 and received Royal Assent on 10 May 2017. By way of the gazette notification P.U. (B) 466/2017 dated 3 October 2017, these amend...