Barbie Hsu’s Passing Highlights the Importance of Guardianship and Wealth Protection for High-Net-Worth Families
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By Boo Kok Chuon Barbie Hsu’s Passing and the Legal Challenges That Follow The recent passing of Barbie Hsu (徐熙媛, 大S) has raised important questions about inheritance, guardianship, and wealth management, particularly for high-net-worth individuals (“HNWI”) with complex family structures. […]
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Falsification of Accounts: Legal Implications and the Role of Rogue Corporate Service Providers
By Boo Kok Chuon The recent billion-dollar money laundering case involving Wang Junjie, a director of multiple companies, has underscored the serious legal consequences of falsifying company accounts. Wang has been charged with offenses under the Penal Code for forgery […]
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Learning from Family Business Disputes: A Staged Approach to SMEs Succession Planning
By Boo Kok Chuon and Chan Mei Lee Family-owned businesses often come with unique challenges when it comes to passing the baton from the older generation owners to the next. It involves years of planning, failure of which can lead […]
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[Update] Filing Relief Extended: ACRA Waives Late Filing Penalties for BizFile+ Users Experiencing Technical Difficulties
The Accounting and Corporate Regulatory Authority (ACRA) has announced an extension of its waiver on late filing penalties for BizFile+ users encountering technical difficulties while using the revamped BizFile+ portal. This initiative underscores ACRA’s commitment to supporting businesses during the […]
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Are All Risks Bad? How Malaysia’s Private Lease Scheme (PLS) Properties Can Outperform Leaseholds or Freehold for Investors
By Boo Kok Chuon The Private Lease Scheme (PLS) in Malaysia has become a polarising topic, especially after recent disputes involving Singaporean investors. While concerns about lower liquidity, resale limitations, and developer control are valid, PLS properties can still offer […]
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Iconomy Group of Companies Showcases at Vesak 2024 Carnival
The Iconomy Group of Companies is proud to announce its successful participation in the Vesak 2024 carnival at the Singapore Expo on 12 May 2024, organised by the Singapore Buddhist Federation and generously sponsored by the Buddhist Business Network (“BBN”). […]
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