Court of Appeal confirms that Public Listed Companies cannot apply for Judicial Management under the Companies Act 2016
May 24 2022 Introduction In October 2021, the Kuala Lumpur High Court in the case of Re Scomi Group Bhd [2021] MLJU 2173, dismissed an application for a judicial management order (“JM Order”) made by Scomi Group Bhd (“SGB”) on among others, the ground that a public listed company is precluded from applying for a JM Order. …