12 Jan 2021 / 11:32 H.
PETALING JAYA: When Darren Tung parted ways with his kopitiam business associate in late September last year, he was naturally apprehensive about jumping into another business venture right away.
The Covid-19 pandemic was intensifying with rising numbers of cases all over the country, and many players in the food and beverage industry were forced to shut their doors for good.
But thanks to the encouragement from his wife and armed with good business acumen and experience, Tung opened his own food business, called the Tung Tung Eateries, a restaurant that specialises in kuey teow soup.
“It was a bold move and I have my wife to thank for it. We weren’t sure how things were going to pan out because the conditional movement control order kicked in shortly after, but thankfully it has paid off,” he told
KUALA LUMPUR (Jan 7): The High Court in Melaka has approved the scheme of arrangement between MDSA Ventures Sdn Bhd a subsidiary of Singapore-listed Hatten Land Ltd, and its creditors.
Judicial Commissioner Maidzura Mohammed granted a sanction order to the company, after being told that the scheme was approved by 96% of the total value of the creditors present and voting in person or by proxy at a creditors’ meeting on Dec 18.
“The court grants the sanction order to approve the proposed scheme of arrangement and the debt restructuring of MDSA Ventures,” the court ruled yesterday.
Counsel Lee Shih of Lim Chee Wee Partnership appeared for MDSA Ventures.
KUALA LUMPUR (Dec 31): The Companies Commission of Malaysia (SSM) is waiving the fee for late filing of company statutory documents, effective until Jan 31.
The commission, in a statement today, said the fee is waived to reduce the impact of companies affected by the temporary closure of the Malaysia Business Reporting System (MBRS) for maintenance purposes until Feb 28.
“SSM understands the difficulties faced and requests customers to give way to maintenance work on the MBRS system to be completed. Maintenance work on the MBRS system does not prevent access by customers to the latest company information that is updated through the MyCoID system, it said.