Insolvency Proceedings: New Temporary Reliefs/公司清盘程序: 新的临时措施

On 10 April 2020, the Minister of Domestic Trade and Consumer Affairs announced in a press statement that Companies Commission of Malaysia (“SSM”) will be increasing the current indebtedness threshold from RM10,000 to RM50,000 until 31 December 2020, to reduce potential actions to wind up companies.