ZICO Law News

SokSiphana&associates Paves the Way for Uber’s Entry into Cambodia

17 November 2017

SokSiphana&associates (a member of ZICO Law) recently advised Uber on the launch of its ridesharing technology in Cambodia – making it the quickest to-market launch for the ridesharing company in Southeast Asia. On 28 September, Brooks Entwistle, Uber’s Chief Business Officer, announced the launch of the first ridesharing platform backed and supported by the Cambodian […]

Legal Alert | Cambodia | Work Permit Requirement for Foreign Workers

19 October 2017

The Ministry of Labor and Vocational Training (“MLVT”) has recently issued the Notification No. 272 MLVT/N/EM dated 31 August 2017 (“Notification”), which provides that the owners and directors of enterprises or establishments who wish to employ foreign staff must apply for a foreign workforce quota (“Annual Quota”). This is a permit issued by MLVT which […]

Legal Alert | Malaysia | Major reforms to insolvency laws with the coming into effect of the Bankruptcy (Amendment) Act 2017

10 October 2017

Pursuant to the gazette notification dated 3 October 2017, the new Bankruptcy (Amendment) Act 2017 came into force on 6 October 2017 bringing major reforms to insolvency laws in Malaysia. Simultaneously, the following came into force on 6 October 2017: Insolvency Rules 2017 which sets out the procedure governing bankruptcy court proceedings as well as […]

Longer Lease Terms for Foreign Investors in Vietnam

6 October 2017

Featuring in the August 14-20 edition of the Vietnam Investment Review, David Lim discussed the potential implications of a change in government policy regarding an extension of land leasehold terms for foreign investors in Vietnam’s Special Administrative Economic Zones. Vietnam’s Minister of Planning and Investment Nguyen Chi Dung told attendees at the M&A 2017 Forum […]

Deals Update | Singapore | ZICO Insights Law

18 September 2017

ZICO Insights Law LLC advised Catalist-listed DiSa Limited (formerly Equation Summit Limited) on a S$12.0 million redeemable convertible bond issue to private investors, and a separate capital reduction exercise to reduce the share capital of the company unrepresented by available assets by S$135.6 million, being accumulated losses incurred over previous years. Director Gregory Chan, assisted […]

Legal Alert | Cambodia | No Extension of Visa Type E Without Valid Work Permit and Employment Card

31 August 2017

Under Article 261 of the Cambodian Labour Law, all foreign workers must possess a Work Permit and Employment Card issued by the Ministry of Labour and Vocational Training (“Ministry of Labour”). While this law was passed in 1997, the government has only recently begun to strictly enforce these requirements, particularly with regard to visa extensions. […]

ZICO Law Myanmar Welcomes Former Deputy Minister of Finance as Executive Chairman

28 August 2017

ZICO Holdings Inc. (“ZICO” and together with its subsidiaries and associated companies, the “Group”) is pleased to announce the appointment of the former Deputy Minister of Finance, Dr Maung Maung Thein, as the Executive Chairman of ZICOlaw Myanmar Ltd (“ZICO Law Myanmar”), the Group’s subsidiary, in Yangon, with effect from 1 September 2017. This new […]

ZICO Law Awarded ASEAN Growth Excellence Award

24 August 2017

ZICO Law has been awarded the ASEAN SME Excellence Award for Growth by the Asean Business Advisory Council (Asean-BAC), Malaysia. The ASEAN@50 Achievement Awards which took place on 4th August 2017 in Kuala Lumpur was part of ASEAN-BAC Malaysia’s activities in celebrating ASEAN’s 50th anniversary this year. ZICO Law were among a select group of […]

IP Alert | Thailand Joins the Madrid Protocol

16 August 2017

The anticipation of brand owners and IP practitioners for Thailand’s implementation of the international registration system of marks is finally over as Thailand becomes a member of the Madrid Protocol with the World Intellectual Property Organization (WIPO) on 7 August 2017. What this means for your business From 7 November 2017, when the Madrid system […]

Deals Update: ZICO Insights Law | shopper360 IPO

2 August 2017

ZICO Insights Law LLC acted for ZICO Capital Pte. Ltd., the Sponsor and Issue Manager, and UOB Kay Hian Private Limited, the Placement Agent, for the IPO and listing by way of placement of shares of shopper360 Limited on Catalist in Singapore, completed on 30 June 2017. Director, Gregory Chan, led the transaction, assisted by […]