Running a business in Malaysia comes with various regulatory requirements, especially when appointing directors. For foreign investors or local entrepreneurs, understanding the role of nominee director can be crucial. In this article, we will explore what a nominee director is, their roles, benefits, legal considerations, and how they differ from a regular director. By the end, you’ll […]
Roles, Responsibilities, and Liabilities of Nominators and Nominee Directors in Malaysia The roles of nominators and nominee directors are critical in the corporate governance landscape, particularly under Malaysia’s Companies Act 2016. Understanding their responsibilities and potential liabilities is essential for maintaining compliance and ensuring effective corporate governance.  Who is a Nominator? A nominator is […]
Understanding Nominee Directors Under Malaysia’s Companies Act 2016: Duties, Liabilities, and Best Practices In the complex landscape of corporate governance, the role of a nominee director often raises important questions regarding responsibilities, obligations, and potential liabilities. Under Malaysia’s Companies Act 2016, specific provisions address the duties of nominee directors, ensuring that they act in the […]