SSM

NATIONAL
CONFERENCE
2014

MODERNIZING THE

3 & 4 JUNE 2014

Connexion @ Nexus
Kuala Lumpur

COMPANIES ACT.
IMPETUS FOR BUSINESS
TRANSFORMATION.

Official Opening by

Y.B. Dato Sri Hasan Bin Malek

Minister of Domestic Trade,

Co-operatives and Consumerism

GOOD
GOVERNANCE

SUPER
FORM

CSR
REPORTING

JM & CVA

SINGLE
MEMBER CO

ROBUST
ENFORCEMENT

DISCLOSURES
NORMS

BUSINESS
TRANSFORMATION

CORPORATE
RESCUE

SHAREHOLDERS
ACTIVISM

NO PAR
VALUE
MANAGEMENT
REVIEW

This Conference will bring you the

progress on the proposed Companies Bill
up to the minute!
People First
Performance Now

1965

1985

1986

1992

1993

1997

1998

16

16

HRDF

SSM
CPE Points

MIA
CPE Hours

Claimable under
SBL

2001

2007 . . . . . .

2014

SSM National Conference 2014 Bruchure

Key amendments of the Companies Act 1965

www.ssm.com.my

CE

ABOUT THE

CONFERENCE
The dynamic and modern legal framework as proposed in the Companies Bill will replace the existing
Companies Act (CA) 1965 which emanates from a significant law reform initiative that will enhance and add
vibrancy to the business environment in Malaysia.

SUPER
FORM

CSR
PORTING
SINGLE
MEMBER CO

ROBUST
ENFORCEMENT

SCLOSURES
NORMS

SHAREHOLDERS
ACTIVISM

The proposed Companies Bill is a culmination of a 6-year comprehensive study and professional
consultation engagement involving various critical stakeholders championed by the then Corporate Law
Reform Committee (CLRC) which was established by Suruhanjaya Syarikat Malaysia (SSM) to review the
core company law. Subsequent to this, the Accounting Issues Consultative Committee (AICC) which was
established by SSM, conducted a study to streamline and modernize the provisions of the CA 1965 relating
to accounting and financial reporting in view of the development of applicable approved accounting
standards and global best practices of the industry.
Post CLRC and AICC review programmes, there were also other considerations that have helped to shape
the new Companies Bill that came from various regulatory authorities, professional bodies as well as the
World Banks Reports on the Observance of Standards and Codes (ROSC) for Malaysia on Accounting and
Audit and Corporate Governance, the OEDCs Peer Review Report on Transparency and Exchange of
Information and the Financial Action Task Force (on Money Laundering and Terrorist Financing) (FATF).

NO PAR
VALUE

In this
Conference, we
have encapsulated
key changes under
the proposed
Companies Bill and
their potential
implications.

On 2 July 2013, SSM released an exposure draft of the

much awaited Companies Bill 2013 (the Bill) for
public consultation. The proposed Bill consists of 5
parts, 631 clauses and 12 schedules as compared to the
CA 1965 which is made up of 12 parts, 374 sections and
10 schedules. The proposed Bill will usher in many
changes to the principal legislation that governs the
formation, operation, termination and regulation of
companies in Malaysia. The changes in the new Act
will have far-reaching implications that are set to
significantly change the manner in which companies
operate in Malaysia.

The Proposed Companies Bill: A Statistical Snapshot

631
Clauses

Parts

12
Schedules

OBJECTIVES OF SSMNC 2014

Provide an overview of the proposed Companies Bill.

Change mindset on how business will be conducted under the proposed Companies Bill.
Raise the level of understanding on the key amendments in the proposed Companies Bill.
Identify specific actions required under the new compliance and disclosure requirements.
Determine how to create sustainable competitive advantage.
Catalyze the creation of a conducive corporate governance ecosystem in the country under the new Companies Act regime.

BENEFITS OF ATTENDING SSMNC 2014

Get the progress on the proposed Companies Bill up to the minute.

Discover who, what, why, when, where, how about the proposed Companies Bill.
Find out why the Companies Act 1965 needs to be revamped.
Transfer new-found knowledge from classroom to boardroom.
Find answers to your questions during the interactive panel discussion and network breaks.
Increase the opportunity to meet liked-minded colleagues and to network among businesses associates and representatives from SSM.

WHO SHOULD ATTEND

Company Directors
Chief Executive Officers
Chief Financial Officers
Chief Operations Officers
Entrepreneurs
Company Secretaries

Auditors
Lawyers
Fund Managers
Financial Intermediaries
Bankers
Corporate Advisers

Compliance and Risk Officers

Academicians
Regulators
Government agencies
Students

SSM National Conference 2014

MODERNIZING THE

COMPANIES ACT.
IMPETUS FOR BUSINESS
TRANSFORMATION.

3 June 2014

Time

Agenda

Time

Agenda

08.00am

Arrival and registrations of delegates

Prelude
Official Opening Ceremony
Tea Break
Keynote Address

02.30pm

Session 3
Boardroom Excellence.
Reshape and Reinforce.

09.00am
09.3 0am

10.30am

Speaker / Moderator
Norhaiza Jemon
Head of Law Reform, Policy and International Affairs
Corporate Development & Policy Division
Suruhanjaya Syarikat Malaysia

The Honorable Dato' Sri Idrus Harun

Solicitor General of Malaysia and
Commission Member of SSM
11.15am

Session 1
The New Companies Act. The Pain.
The Gain. The Journey.

Panelist
Philip T.N. Koh
Senior Partner
Mah-Kamariah & Philip Koh

Speaker/Moderator
Professor Dato' Dr. Aishah Bidin
Dean of Law Faculty
Universiti Kebangsaan Malaysia

Dato' Ikmal Hijaz Hashim

Chairman
Faber Group Berhad

Panelists
Dato Saw Choo Boon
Co-Chair & Member of the Private Sector of
PEMUDAH (Special Task Force to Facilitate
Business) and President of Federation of
Malaysian Manufacturers

Samantha Tai Yit Chan

Managing Director
Boardroom Corporate Services (KL) Sdn Bhd
03.30pm

Peter Lim Thiam Kee

President
Malaysian Institute of Chartered Secretaries
and Administrators

Speaker / Moderator
Mohamed Sufyan Mohd Mokhtar
Head of Litigation
Legal Services Division
Suruhanjaya Syarikat Malaysia

Toh Wee San

Assistant Chief Executive
(Business Facilitation and Law Reform)
Accounting and Corporate Regulatory
Authority (ACRA), Singapore
12.15pm

Session 2
Starting Business in Malaysia.
Reform and Transform.
Speaker / Moderator
Mohamed Zanyuin Ismail
Deputy Chief Executive Officer (Operations)
Suruhanjaya Syarikat Malaysia
Panelist
Tan Sri Datuk Yong Poh Kon
Managing Director
Royal Selangor International Sdn Bhd
David Anthony Jones
General Manager
RUAG Aviation Malaysia Sdn Bhd
Stewart Forbes
Executive Director
Malaysian International Chamber of
Commerce and Industry

01.15pm

Lunch

Session 4
Shareholders Activism.
Initiatives and Impact.

Panelist
Selvarany Rasiah
Chief Regulatory Officer
Bursa Malaysia Bhd
To be confirmed
04.30pm

Tea Break

05.00pm

End of Day 1

The Companies Act provides pro-business initiatives, good corporate governance, corporate responsibility,
enhanced disclosure norms, robust enforcement, management and audit accountability, shareholders activism,
minority protection, better institutional and insolvency framework and regulations. These are impetus for business
transformation in Malaysia.

4 June 2014
Time

Agenda

Time

Agenda

09.00am

Session 5
Audit & Financial Reporting Framework.
Rationalize and Streamline.

12.00nn

Session 7
Corporate Insolvency Framework.
Effective and Efficient

Speaker / Moderator
Yap Weng Seong
Head of Statistics & Accounting Development Unit
Corporate Development & Policy Division
Suruhanjaya Syarikat Malaysia

Speaker / Moderator
Nor Azimah Abdul Aziz
Director
Corporate Development & Policy Division
Suruhanjaya Syarikat Malaysia

Panelist
Dato Mohammad Faiz Azmi
Chairman
Malaysian Accounting Standards Board

Panelist:
Wong Chee Lin
Partner
Dispute Resolution Division
SKRINE

Nik Mohd Hasyudeen Yusoff

Executive Chairman
Audit Oversight Board
Johan Idris
President
Malaysian Institute of Accountants

Mok Chew Yin

Head of Insolvency
BDO Malaysia
01.00pm

Lunch

02.15pm

Session 8
Compliance and Disclosure Requirements.
Changes and Challenges.

Tang Seng Choon

Partner, Audit
BDO Malaysia
10.15am

Tea Break

10.45am

Session 6
No Par Value Regime and
Capital Maintenance Rule.
Adapt and Adjust.

Speaker / Moderator
Rezy Izwan Ramli
Director
Compliance Division
Suruhanjaya Syarikat Malaysia
Panelist
Dato Akbar Moidunny
Managing Director
MINC Corporate Consultants (Malaysia) Sdn Bhd

Speaker / Moderator
Nor Azimah Abdul Aziz
Director
Corporate Development & Policy Division
Suruhanjaya Syarikat Malaysia
Panelist
Geetha Sivapathasundram
Managing Director
Group Compliance
CIMB Investment Bank Berhad

Chua Siew Chuan

Managing Director
Securities Services (Holdings) Sdn Bhd
03.15pm

Session 9
Corporate Disputes Resolutions :
From Board Room And Shareholders
Contestations To Courts And Arbitration Way

Eric Kang Shew Meng

Managing Director
Epsilon Advisory Services Sdn Bhd

Speaker / Moderator
Philip T.N. Koh
Senior Partner
Mah-Kamariah & Philip Koh

Lawrence Kwan
Immediate Past Chairman
Singapore Association of the Institute of
Chartered Secretaries and Administrators

Panelist
Professor Datuk Sundra Rajoo
Director
Kuala Lumpur Regional Centre for Arbitration
Hefin Rees QC
Barrister and Arbitrator
Thirty Nine Essex Street Chambers
(London and Singapore)
04.15pm

Closing

04.30pm

Tea Break

05.00pm

End of Conference

Conference Organiser
Suruhanjaya Syarikat Malaysia (Companies Commission of
Malaysia) (SSM) is a statutory body which regulates companies
and businesses in Malaysia pursuant to the Companies
Commission of Malaysia Act 2001. SSM is an agency under the
Ministry of Domestic Trade, Co-operatives and Consumerism
(KPDNKK). Apart from being a corporate regulator, SSM also
serves as an agency to incorporate companies and register
businesses as well as to provide company and business
information to the public. In its mission to instill good corporate
governance through continuous education and effective
surveillance and enforcement, the Companies Commission of
Malaysia Training Academy (COMTRAC) was established in April
2007. The Academy was established to spearhead SSMs
external stakeholders training initiatives. Its mission is to train
and educate a wide array of corporate role-players
comprising directors, company secretaries, the management
and employees of companies, auditors, entrepreneurs,
innovators and members of the professional bodies, consistent
with SSM's functions as
stipulated under subsection 17(d) of
the Companies Commission of Malaysia Act 2001. Please visit
www.ssm.com.my to find out more about COMTRAC and its
training programmes.

Conference Venue
Connexion @ Nexus
No 7, Jalan Kerinchi, Bangsar South City,
59200 Kuala Lumpur
http://uoa.com.my/uoa-property/connexion/
Tel: +603 2386 9188
It is accessible via major expressways Federal
Highway, New Pantai Expressway (NPE) and Kerinchi
Link. It is also well served by LRT (Universiti Station,
Kelana Jaya LRT Line), buses and taxis. There are
ample parking spaces at the venue.

Conference Official Hotel

Capri by Fraser
No. 5 Jalan Kerinchi, Bangsar South City,
59200 Kuala Lumpur.
http://kualalumpur.capribyfraser.com/
Tel: +603 2386 0888
Accommodations at special rates have been
reserved at Capri by Fraser for delegates of
SSMN2014. Please obtain the reservation form at
www.ssm.com.my.

Hotel Reservation & Travel

Arrangement
Hotel reservation and travel arrangement are the
responsibilities of the delegates. Accommodation
and travelling cost are not included in the
Conference fee.

By attending this conference, delegates and speakers are hereby notified that their image or likeness in the form of live video,
recorded video and still photography may be captured.

DISCLAIMER
SSM as the organizer accepts no responsibility for death, illness, injury, loss or damage of any property belonging to, or
financial loss by any persons attending the Conference, whatever the cause. All information contained in this brochure is
correct and accurate at time of printing. SSM reserves the right to cancel, make any amendments and/or changes to the
programme and conference if warranted by circumstances beyond its control.

SSM

16

16

HRDF

SSM
CPE Points

MIA
CPE Hours

Claimable under
SBL

3 & 4 JUNE 2014

Connexion @ Nexus Kuala Lumpur

NATIONAL
CONFERENCE
2014

REGISTRATION FORM

Please print or type details clearly. This form can be downloaded from SSMs website at www.ssm.com.my.
Kindly make copies if more forms are needed.

Delegate Details

Conference Registration Fee

(per person)

Full name as per NRIC:

(Tan Sri/ Dato/ Datin/ Dr/ Mr/ Mdm/ Ms)

Licensed Secretary
Supporting body Member
Standard
Full-time Student

NRIC/Passport No:
Job Title:

Registration closing date: 26 May 2014.

Licensed Secretary No:

Professional Membership No:
ACCA
IACS
IIAM
Mobile:

MACS

MAICSA

Tel. No:

MIA

MICPA

SAICSA

Fax No:

Email:
(Please provide your e-mail address as registration confirmation is send to you via e-mail.)

Special request:

RM 1,100
RM 1,300
RM 1,500
RM 700

Vegetarian meals

Full time student registration

Eligibility must be supported by official
documents. Registration is subject to
organizers approval.
Registration fees include:
Attendance to all sessions.
2 lunches and 4 tea breaks.
A Barry Smith add-on bag.

Company Details
Name:

Registration & Conference Secretariat

Companies Commission of Malaysia

Training Academy (COMTRAC)

Address:

Level 12, Menara SSM@Sentral, No.7,

Jalan Stesen Sentral 5, Kuala Lumpur Sentral,
50623 Kuala Lumpur

HR/Contact person:

Payment details
I/We enclose cheque / bank draft no: for
RM
(non-refundable)
and made payable to Suruhanjaya Syarikat Malaysia. Please state delegate name(s),
companys name and event code: CONF/KL/13/034 on the reverse of the cheque. Payment
can be made at all SSM branch in Malaysia. Kindly use Lampiran 1 (COMTRAC Training Fee
Payment Form) when submitting the payment. The form can be downloaded from our
website at www.ssm.com.my.

Tel

: +603 2299 4434(Nazirah)/

4440 (Farah)/ 4441(Priya)
Fax
: +603 2299 4451/4452
Email : sitinazirah@ssm.com.my/
comtrac@ssm.com.my
Website : www.ssm.com.my

Personal Data Protection Notice

In compliance with the Personal Data Protection Act 2010, SSM hereby inform you that your personal data collected in this form will be
processed, retained and used by SSM in relation to this Conference. Your personal data may also be retained and used by SSM to market and
promote other training programmes organised by SSM or jointly with partners or supported by SSM.
I
hereby * give my consent / *do not consent to SSM to use my personal data for
the marketing and promotion of all future training programmes.
*strike out whichever is not applicable

Terms and conditions

Substitution

Please also see the Conferences website at www.ssm.com.my for more

terms and conditions.

You may send a substitute delegate and any difference in fees will be
charged accordingly. Please provide the name and the designation of the
substitute delegate in writing by 26 May 2014.

Conference fee
Payment must be received with registration prior to the Conference to
guarantee your place. Admittance is subject to receipt of full payment.
Walk-in delegates will only be admitted on the basis of availability at the
Conference and with full payment. For payment by Government
Departments/Agencies, Local Purchase Order (LPO) must reach the
Conference Secretariat by 26 May 2014.

Cancellations

Certificate of attendance and CPE points

Delegate will be presented with a Certificate of attendance upon full
attendance and personal completion of the programme. This programme
awards 16 SSM CPE points and 16 MIA CPE hours.

Conference attire
Business formal.

Cancellation of registrations must be made in writing. Regrettably, no refund

can be made for cancellation received after 26 May 2014 or for
non-attendance. A conference bag will however be reserved for you. Transfer
of registration fee to other programme of SSM/COMTRAC is not allowed.
Supporting Bodies:

Supporting Partner: