Malaysia's Companies Act 2016 entered into force and effect on 31 January 2017. The Act, passed by parliament in April 2016, replaces the Companies Act 1965 and includes a number of changes meant to simplify and improve company incorporation and management in Malaysia overall. According to a notice from Malaysia's Companies Commission (SSM), the Act is implemented with a phased-in approach, with the following main changes applying from 31 January: A company may be incorporated by or have only one member and that single member can also be the sole director of the company. However, for public companies, a minimum...