Vol 22 (2025) - Issue 1

Article preview

Malaysia’s Companies Amendment Act 2024 Strengthens Its Restructuring and Corporate Rescue Landscape

Synopsis
Malaysia's recent amendments to its Companies Act 2016 has further enhanced and strengthened its existing corporate rescue mechanisms of the scheme of
arrangement, corporate voluntary arrangement and judicial management. New provisions include wider moratorium protection, automatic moratoriums, super
priority rescue financing and cross-class cramdowns.
This article outlines some of the key new changes, their application in some recent cases, and the developments with the Malaysian insolvency court to keep pace with these changes.