Nazmi Zaini Chambers

Malaysia remains an attractive destination for foreign investors, but acquiring property here involves navigating a complex legal landscape. From defining what qualifies as a “foreign company” to obtaining State Authority and Economic Planning Unit (EPU) approvals, compliance with these regulations is crucial for a smooth transaction. In our latest article, we break down the key legal considerations for foreign companies looking to invest in Malaysian real estate, including regulatory restrictions, minimum purchase price thresholds, and tax implications. Understanding these requirements can help investors make informed decisions while aligning with national policies. Read the full article here: https://lnkd.in/geAYSPse If you have any questions, feel free to contact our Financial Services & M&A Legal Associate, Maryam Amilah Zaini (maryam@nzchambers.com), or Pupil-in-Chambers Alif M S. for further insights. #MergersandAcquisitions #NZChambers

Malaysia remains an attractive destination for foreign investors, but acquiring property here involves navigating a complex legal landscape. From defining what qualifies as a “foreign company” to obtaining State Authority and Economic Planning Unit (EPU) approvals, compliance with these regulations is crucial for a smooth transaction. In our latest article, we break down the key legal considerations for foreign companies looking to invest in Malaysian real estate, including regulatory restrictions, minimum purchase price thresholds, and tax implications. Understanding these requirements can help investors make informed decisions while aligning with national policies. Read the full article here: https://lnkd.in/geAYSPse If you have any questions, feel free to contact our Financial Services & M&A Legal Associate, Maryam Amilah Zaini (maryam@nzchambers.com), or Pupil-in-Chambers Alif M S. for further insights. #MergersandAcquisitions #NZChambers

On last Friday, 14.03.2025, our Head of Dispute Resolution and Partner, Hoong Min C. conducted an internal training and sharing session on the topic of 'Mechanism for Notice of Application and Affidavits' for our Pupils, Executives, and Associates. This session covered the fundamental principles, procedural aspects, and key considerations in preparing and filing Notices of Application and Affidavits. We hope that this training has further equipped our Members, especially those in our Dispute Resolution practice group, with the necessary knowledge and practical insights to navigate matters involving Notices of Application and Affidavits effectively. #NazmiZainiChambers #DisputeResolution

Workplace safety laws in Malaysia have undergone a major transformation with the Occupational Safety and Health (Amendment) Act 2022 (OSHAA 2022). These amendments expand the law’s scope to cover all workplaces, introduce stricter employer responsibilities, empower employees with greater rights, and impose heavier penalties for non-compliance. With the introduction of licensed third-party inspectors, stop-work orders, and increased corporate accountability, the new law sets a stronger foundation for workplace safety and compliance. Is your organization ready? Read our full analysis here: https://lnkd.in/gcCA4vy2 For further inquiries, please contact our Advisory and Compliance Partner, Afif Che Had (afif@nzchambers.com) or our Pupil-in-Chambers Ms. Wan Tasnima Wan Mohsin #OSHA #AdvisoryandCompliance #NZChambers

The Data Sharing Act 2025 marks a major step in strengthening Malaysia’s data governance by facilitating secure, transparent, and regulated data sharing among public sector agencies. With provisions for a National Data Sharing Committee, structured data-sharing procedures, AI-driven evaluations, and stringent security measures, this Act aims to enhance governance, protect sensitive data, and drive Malaysia’s digital transformation. As we navigate the evolving landscape of data governance, understanding the implications and compliance requirements of this Act is crucial. Read our full analysis here: https://lnkd.in/gZHY_ugz For further inquiries, feel free to reach out to our Head of Advisory & Compliance Fakhrullah Fadzilah (fakhrul@nzchambers.com) or our Associate, Husna Shariff (husna@nzchambers.com)  #DataSharingAct2025 #AdvisoryandCompliance #NZChambers

The Securities Commission Malaysia (SC) has introduced a regulatory sandbox to help businesses test innovative financial products in a controlled environment. This initiative ensures compliance while fostering market growth, financial inclusion, and sustainability. The sandbox offers regulatory flexibility, enabling fintech startups and capital market players to trial solutions safely before full-scale implementation. Applications are open from 15 April to 31 May 2025, with eligibility focused on innovation, market benefit, and compliance readiness. Read our full analysis here: https://lnkd.in/gr6DWYDi For inquiries, contact Afif Che Had (afif@nzchambers.com) or Yiailfeae Y. from our Advisory & Compliance team. #AdvisoryandCompliance #NZChambers

The Federal Court recently ruled in the Port Klang Free Zone case, reaffirming the position that a contract without valid consideration is void under Section 26 of the Contracts Act 1950. The court emphasized that consideration must be proven within the four corners of the contract, rejecting the practical benefit test from Williams v. Roffey Bros as inapplicable under Malaysian law. It also clarified that estoppel cannot validate a void agreement, reinforcing the fundamental principle that contractual enforceability requires reciprocal obligations. Our latest article breaks down the Federal Court’s reasoning, its implications, and what this means for contractual certainty in Malaysia. Read the full analysis here: https://lnkd.in/g-aCYdYj For further inquiries, reach out to Aireen Natasha Ab Wahab (aireen@nzchambers.com) or Najihan Kamarolzaman from our Dispute Resolution team. #DisputeResolution #NazmiZainiChambers

We are honored to be named a finalist in three categories at the Asia Legal Business Malaysia Law Awards 2025! This prestigious recognition celebrates excellence in the legal industry, and we are proud to stand among the best. Thank you to our dedicated team and valued clients for your unwavering support. The awards ceremony will take place on 10 April 2025 at The Westin Kuala Lumpur, and we extend our best wishes to all the finalists!  #NazmiZainiChambers #NZCatwork #NZCAchievements #ALBAwards

We are proud to announce that Nazmi Zaini Chambers has been shortlisted for Rising Star Law Firm at the IFLR Asia-Pacific Awards 2025—the only law firm from Malaysia to be shortlisted in the Law Firms of the Year categories! 🇲🇾 The IFLR Asia-Pacific Awards celebrate legal innovation and excellence, recognising groundbreaking work in shaping the region’s legal landscape. This nomination is a testament to our team’s dedication and commitment in pushing boundaries in the industry. The awards ceremony will take place on 16 April 2025 in Hong Kong, and we extend our best wishes to all the nominees! Click here for more details : https://lnkd.in/gTwDJ8Gd Stay tuned for more updates! #NazmiZainiChambers #IFLRAwards #RisingStarLawFirm

We are proud to have acted for Perbadanan Stadium Malaysia (PSM) in the sublease agreement with the Olympic Council of Malaysia (OCM), paving the way for the development of OCM’s new headquarters in Bukit Jalil. The sublease, signed on 1 March 2025, spans 30 years for a sum of RM10 million. The project will see the construction of a world-class headquarters modeled after the International Olympic Committee’s HQ in Lausanne, Switzerland, with an estimated cost of RM93 million. Our Head of Advisory & Compliance, Fakhrullah Fadzilah, assisted by Associate Nik Danial Arasy, played a key role in drafting and facilitating the agreement. The signing ceremony was witnessed by Ts Dr. Nagulendran Kangayatarasu, Secretary-General of the Ministry of Youth and Sports, alongside key figures from both PSM and OCM. #NazmiZainiChambers #Advisoryandcompliance #WorkHighlights #NZCAchievements