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NEWS ALERTS & DEALS

CORPORATE DIVISION


McKinsey Acquires KL-Based VLT Labs

Skrine acted as Malaysian counsel for McKinsey & Co. in its acquisition of VLT Labs - a Malaysian digital business builder and product development studio as part of McKenzie's effort in boosting its digital capabilites in Asia.

Skrine's team was led Fariz Abdul Aziz, Partner and assisted by Trishelea Ann Sandosam, Senior Associate.

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UEM Edgenta Berhad Disposes Shareholding in New Zealand-Listed Asset Management Company

Skrine acted for UEM Edgenta Bhd in the disposal of its 61.2% shareholding in Opus International Consultants Ltd (OIC), a New Zealand public-listed company, for approximately NZ$263.2 million.

The disposal is part of UEM Edgenta move to support the organic growth and opertaional excellence initiatives in their key core sectors - healthcare, infrastructre and real estate.

Skrine's team was led by Partner, To' Puan Janet Looi along with Fariz Abdul Aziz, Partner and assisted by Bell Boo, Senior Associate.

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DISPUTE RESOLUTION DIVISION

Competition Commission v Competition Appeal Tribunal

Skrine is acting for Competition Commission (“MyCC”) in the first-ever judicial review of a decision made by the Competition Appeal Tribunal (“CAT”).

This case stems from a high-profile share-swap and collaboration agreement entered into in 2011 by Malaysia’s largest airlines - Malaysian Airlines System Berhad (“MAS”), AirAsia Berhad (“AirAsia”) and AirAsia X Sdn. Bhd.

In its Decision, MyCC found that MAS and AirAsia had infringed the prohibition under section 4(2)(b) of the Competition Act 2010 by entering into a collaboration agreement, the object of which was the sharing of market within the air transport sector in Malaysia.

A financial penalty of RM10,000,000.00 was imposed respectively on MAS and AirAsia. The airlines appealed the matter to the CAT. This constituted the first ever appeal heard and decided by CAT from a decision made by MyCC. The CAT reversed MyCC’s decision.

Consequently, Skrine was engaged by MyCC to file a judicial review application to the Kuala Lumpur High Court to review CAT’s decision. On 25 July 2016, MyCC successfully obtained leave to commence the judicial review proceedings.

Counsel from Skrine who represented MyCC was Dato’ Lim Chee Wee who was assisted by Ms Sharon Chong.

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INTELLECTUAL PROPERTY DIVISION


Honda Giken Kabushiki Kaisha v Malaysian Formula Bikes Sdn Bhd & MForce Bike Holdings Sdn Bhd

We acted for Malaysian Formula Bikes Sdn Bhd & MForce Bike Holdings Sdn Bhd, the Defendants in this action. The Plainitff, Honda Giken Kabushiki Kaisha brought a claim for copyright infringement of the 2-dimensional and 3-dimensional representations of its EX5 motorcycle against the Defendants. The Defendants challenged the subsistence of copyright in the 2-D and 3-D representations of the EX5 and the trial on the issue of subsistence of copyright was tried together with another suit involving a different company also accused of copyright infringement. On 24 November 2016, the High Court dismissed the suit brought by Honda against MForce Bike. The suit was filed by Honda against MForce Bike claiming infringement of copyright in the Honda EX5 motorcycle design. In coming to its decision, the High Court found that:

  • although the motorcycles produced by MForce Bike had similarities with the Honda EX5 motorcycle design, MForce Bike had established that it did not copy the Honda EX5 design as MForce Bike had followed a design used by its principal in Vietnam to produce its motorcycle.
  • As there was no infringement by MForce’s principal of the Honda EX5 design in Vietnam, MForce Bike, in producing its motorcycles based on its Vietnam principal’s design, cannot be considered to have infringed the Honda EX5 copyright in Malaysia.

Both the Plaintiff and Defendants have filed appeals to the Court of Appeal, albeit on different issues. It is expected that the substantive appeal would be heard in the later part of 2017.

EVENTS

BURSA Bull Charge 2017, 14 September 2017

Skrine took to the streets of KL to compete against other corporates in the fourth instalment of The Bursa Bull Charge on the 14th September 2017 held at the Exchange Square, Kuala Lumpur. The run organised by Bursa Malaysia was in effort to raise funds for Yayasan Bursa Malaysia.

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Skrine Partners Addresses Concerns of Chinese Enterprises in Malaysia

On 31st May 2017, Skrine was invited by the Chinese Enterprise Association (CEA) Malaysia at Wisma Chinese Chamber, Kuala Lumpur to share with its members, based on legal knowledge and experience in employment and industrial relations as well as Construction Management and applications of CIPAA in Malaysia. Partner and Co-Head of Skrine’s Employment Practice Group, Mr. Siva Kumar Kanagasabai and Ms. Lee Mei Hooi, Associate, presented the important provisions of the Employment Act.

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3Cs Conference: Are You Compliant? Corporate Compliance, (Anti)-Corruption & Competition, 2 Mar 2017

Skrine organised a 3Cs Conference on the 2nd of March 2017 at the InterContinental Hotel, Kuala Lumpur. The one-day conference attended by many of Skrine’s Partners and over 150 of the firm’s clients discussed compliance coverage including updates on Anti- Corruption, Money Laundering Laws, Competition and the Companies Act 2016 that has recently come into force.

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ACCOLADES & AWARDS

Skrine Retains Who’s Who Legal Accolade for Malaysia

On 15th May 2017, the Who’s Who Global Awards was held in London, United Kingdom and Skrine was conferred the Award:

Malaysia Law Firm of the Year 2017

Skrine previously received this Award in 2013, 2014, 2015 and 2016.

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SKRINE clinches top honours at ALB Malaysia Malaysia Law Awards 2017

On 6th April 2017, the Asian Legal Business Malaysia Law Awards was held and SKRINE was named

Malaysia Law Firm of the Year 2017

SKRINE also bagged 5 other awards

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Asialaw Profiles 2017

The Asialaw Profiles has ranked Skrine as Outstanding Firm and particularly highlighting the following practice areas:

Outstanding Firm

  • Competition & Antitrust
  • Corporate/M&A
  • Dispute Resolution
  • Energy & Natural Resources
  • Intellectual Property
  • IT, Telco & Media
  • Project & Infrastructure

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PDPA NOTICE

English | Bahasa Malaysia

" I have been pondering on why Providence has been so kind to Skrine & Co. up to date, and how this firm founded by a polo-playing Anglican Englishman, a bridge-playing Presbyterian Scotsman, a piano-playing Roman Catholic Irishman, a north country beer connoisseur Englishman (religion unknown) and an Ipoh Chinese Methodist managed to cohere as well as it did and to attract a string of Asian partners, and to keep and then expand its clientele."
- John Skrine (1922-1993)