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The new Companies Bill 2015 (Bill), which will replace the current Companies Act 1965 as a whole, was passed in Dewan Rakyat (Lower House of Parliament) on 4 April 2016 and is anticipated to be passed by Dewan Negara (Upper House of Parliament) in its next sitting. It is anticipated that the Bill will come into force by the end of 2016. It is also anticipated that in the coming months, the Companies Commission of Malaysia will release the new regulations under the Companies Bill for public consultation.
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