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Good economic value chain a must, says timber chief | Daily Express Online - Vimarsana News

Good economic value chain a must, says timber chief | Daily Express Online

DEVELOPING a “good economic value chain” founded on a bedrock of “value added” is imperative for the success of Sabah’s ambitious Industrial Tree Planting Policy goal, said Norman Wong, President of Timber Association Sabah at the seminar of “Developing Resilient Industrial Tree Plantations in Sabah” at the Sabah International Convention Centre on July 7

Cryptocurrency Falls Within Section 73 Of The Contracts Act 1950 - Technology - Vimarsana News

Cryptocurrency Falls Within Section 73 Of The Contracts Act 1950 - Technology

To print this article, all you need is to be registered or login on Mondaq.com. The Malaysian courts have recognised cryptocurrency as a security and a commodity. In the case of  Luno Pte Ltd & Another v Robert Ong Thien Cheng  (Civil Suit No. BA-B52NCVC-389-12/2017), the Shah Alam Sessions Court held that cryptocurrency falls within the ambit of "anything" under Section 73 of the Contracts Act 1950 ("CA 1950") as cryptocurrency is a form of commodity with an attached value. On appeal, the Shah Alam High Court, in  Robert Ong Thien Cheng v Luno Pte & Another  (Civi...

Source: mondaq.com